Data showing cracks in the U.S. labor market and President Trump’s newest barrage of tariffs shook investors around the world, weighing on stocks, the dollar and more.

President Trump’s newest barrage of tariffs, major corporate earnings reports and an imminent reading on the U.S. labor market weighed on markets.

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.

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

Data showing cracks in the U.S. labor market and President Trump’s newest barrage of tariffs shook investors around the world, weighing on stocks, the dollar and more.

The stock market had its worst day since May after the government reported a sharp slowdown in hiring and President Donald Trump imposed sweeping tariffs on imports from a number…