US markets nosedive as investors sell on fears of global trade war

US markets have suffered their worst day in five years after Donald Trump announced sweeping tariffs on imports from almost all countries. American companies have now lost more than two trillion dollars in value. Investors fear an all-out global trade war as uncertainty grips financial markets. The announcement has triggered massive sell-offs, with analysts warning of further instability.

Al Jazeera’s Kristen Saloomey reports from New York.

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