The US stock market is facing significant turmoil, with the S&P 500 and Dow Jones experiencing their biggest drops in years.

The saying goes that when America sneezes the rest of the world catches a cold — pithy shorthand to describe how changes in the world’s biggest economy ripple out to impact everyone else.

Global markets were in a freefall as Trump's 10 per cent tariffs took effect, leading the worst drop in Dow Jones, Nasdaq ...

As US President Donald Trump’s latest round of sweeping tariffs edges closer to taking effect, American households are racing to stock up on everyday essentials — from fruits and toothpaste to ...