Summary: Stock indexes worldwide plummeted following President Trump’s announcement of 10% tariffs on all imports, with higher rates for certain trading partners. The Straits Times Index fell 0.74%, while the Nikkei 225 and Kospi experienced more significant declines. Futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq-100 also dropped, reflecting concerns about a potential global trade war.

Link: https://www.straitstimes.com/business/companies-markets/dow-futures-sink-1000-points-on-fear-that-sweeping-trump-tariffs-will-spark-global-trade-war