Markets collapse on news of Trump win
‘Markets around the world have been plunged into turmoil on the news that Donald Trump won the US presidential race.
The US dollar sank and stocks plummeted on Wednesday as investors faced a shock win by the Republican candidate, which is expected to have many political ramifications.
Investors are panicked over uncertainties on trade, immigration and geopolitical tensions, sending Dow futures and Asian stock prices sharply lower.
Trump has threatened to rip up trade deals like the North American Free Trade Agreement (NAFTA) and greatly restrict immigration to the US and to build a wall along the United States’ southern border and force Mexico to pay for it.’
Read more: Markets collapse on news of Trump win
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