World shares rise, U.S. futures dip after Trump announcement

gazette.com

World shares increased in Europe and Asia, while U.S. futures fell after President Donald Trump confirmed plans for more tariff hikes starting April 2. This decision comes amid concerns about its impact on the economy. China's factory data exceeded expectations, contributing to gains in Asian markets. The Shanghai Composite rose 0.2%, and the Hang Seng increased by 0.8%. However, the property market remains weak, with home prices declining. U.S. markets have faced a downturn, marking four consecutive weeks of losses. The S&P 500 and Dow futures dropped 0.5% each, reflecting ongoing uncertainty from Trump's tariff announcements.


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