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World shares slid further Friday after U.S. President Donald Trump’s tariffs sent shudders through Wall Street at a level of shock unseen since the COVID-19 pandemic pummeled world markets in 2020.
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Gold moved further away from its latest record high, swept up in the pessimistic mood that hit global markets in the wake of US President Donald Trump’s more-aggressive-than-expected tariff agenda.
US junk corporate bonds led the biggest slump in global high—yield debt since 2020 as the steepest American tariffs in a century triggered fears about worldwide growth.
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