Stock markets set to crash following Trump’s tariffs

George Washington University's Steven Hamilton weighed in on the reverberations of US President Donald Trump’s tariffs, claiming “I don’t think anyone … expected it to get this far”.

Mr Hamilton explained how after tomorrow, the US markets will experience “the sharpest stock market crash since 1987”.

He told Sky News Australia that a pause on these tariffs won’t cancel out the damage as “the damage comes from the uncertainty that’s been generated by these moves”.

[BeatonRidesAgain]

Sky New Australia has cheerled Trumpism or years. Enjoy.

[gkelly]

Average sky news viewers won't like seeing this 😂

[BoneTurnersTale]

You know its bad when all the usual skynews goblins are nowhere to be seen

[bob-pxj]

Won't they get fired on this channel by saying something truthful?

[Smith-lz]

*Waking up every 20th of each month to 105, 000 dollars it’s a blessing to I and my family… Big gratitude to MARGARET JAYNE CAUCCI*

[thecitrusfrequency]

Fucking finally, this shits been in a bubble for like 5 years lol

[JohnnyNada]

It's liberating knowing I'll never be able to purchase a home or have a nest egg savings account. At least i know now. How liberating!

[mainegreengrower]

Unfortunately..markets that have been pumped full of printed money needs to come down in order for intrest rates to drop..last 4 years billionaires have set record profits..its all coming to an end

[susancaudill]

Enough with blaming tarrifs for the global failure of fiat currencies based on debt. Governments have all spent irresponsibly for decades, and the bubbles created by endless printing are bursting. It will be a bumpy ride.

[matt_milack]

Comment section:
People with great passion defend the guy whose actions will make their lives SO MUCH WORSE.

[SterlingsOpinion]

He is Donald Trump and YOU didnt believe him??

[jamiejiminico]

Really? You didn’t expect Trump to stick to his guns?
You people out of touch!

[Halgame]

So sad to see economic pain caused by a clown

[imaslob]

This economist couldn’t pick his nose!!!

[jordan]

Recession happens in 2025/26 with or without the tariff news

[michaeltinnock]

At LAST Sky news Australia, true facts being shared on Trumps economy 😅😅😅

[igorbaltic]

The stock market has balloned in the last decade and average workers got poorer and worse off. Only the top 10% got richer

[duaneutubevideos]

These so called economists are always wrong

[rustyboy]

if i lose all my 401k will not vote rep again (

[shanedixon]

Go Trump! Awesome at crashing markets. How are all his businesses fairing?