Global markets today, April 5 -- There is chaos across global financial markets. US President Donald Trump's reciprocal tariffs have spooked investors, prompting them to pull their money out of various asset classes.

That reciprocal tariffs were coming was expected. What's creating panic among investors is the prospect of a trade war that could disrupt global economic growth and reshape international trade practices.

On April 2, Trump jolted the world by announcing reciprocal tariffs on more than 180 countries, claiming the day marks the rebirth of American industry and the start of a "golden age."

He also announced a 10 per cent tariff will be applied to all imports from all countries, except those complying with the US-Mexico-Canada ...