Nervous markets take fright at prospect of Trump failing to deliver | Larry Elliott
by Larry Elliott from on (#2GQK2)
US shares fell - with a knock-on effect elsewhere - as the new administration struggles to follow through on spending and tax cuts promises
Shares, oil and the US dollar were all under pressure as global financial markets took fright at the prospect that Donald Trump would fail to deliver on his growth-boosting promises.
In the most nervous conditions since the immediate aftermath of the president's shock victory in last November's elections, stock markets in Asia and Europe fell in response to Tuesday's sharp decline on Wall Street.
Related: Asian shares drop as investors fear Trump won't deliver on promises
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