Treasury yields also fell sharply, amid fears of a weakening economy and uncertainty from the US president’s trade policy.

Stocks slumped after Trump announced tariffs on a wide range of countries. A weaker-than-expected jobs report magnified the concerns about how these import taxes would impact the…

Financial markets around the world were rattled as investors grappled with signs of cracks in the U.S. economy and the implications of President Trump’s escalating trade war.