Markets Will Recover From Tariffs Shock, Rubio Says -- WSJ

Dow Jones04-04

By Gareth Vipers

Secretary of State Marco Rubio said he was confident markets would recalibrate, as the global selloff that followed the U.S. tariff announcement continued.

"Businesses around the world, including in trade and global trade, they just need to know what the rules are," Rubio said, speaking at a meeting of NATO foreign ministers in Brussels on Friday. "Once they know what the rules are, they will adjust to those rules."

"I don't think it's fair to say economies are crashing," he added. "Markets are crashing because markets are based on the stock value of companies who today are embedded in modes of production that are bad for the United States."

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

April 04, 2025 08:09 ET (12:09 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment