Washington, April 7, 2025 (AFP) - Trump warns against 'stupid' panic as markets plummet

NAMPA / AFP

2025-04-07

US President Donald Trump cautioned against "stupid" panic on Monday as a global stock market rout deepened after Beijing retaliated against his tariffs offensive. Shares in New York joined the slump, with all three major US indices falling more than three percent in early trading. European equities were deep in the red but Asia fared worse, with Hong Kong's Hang Seng index crashing 13.2 percent, its biggest drop since the 1997 Asian financial cr......

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