World shares fall further, with Tokyo down nearly 4%, as Trump threatens still more tariff hikes
By ELAINE KURTENBACH, Associated Press Business Writer
BANGKOK (AP) — World shares slumped on Wednesday after U.S. President Donald Trump’s latest tariff hikes took effect and he threatened to add still more.
Uncertainty is running high about what Trump will do next in his trade war. In a speech Tuesday night he said plans tariffs on pharmaceuticals so that more medications would be made in the U.S.
European markets extended their losses. Germany’s DAX slipped 2.5% to 19,762.13