Reported about 4 hours ago
Financial markets are bracing for the impact of President Trump's newly imposed tariffs, which threaten to escalate trade tensions among the U.S., Canada, Mexico, and China. As a result, investors are expected to show a preference for the U.S. dollar, driving it to new heights, while stocks may struggle following the announcement. Concerns over inflation and retaliation from other countries are likely to support the dollar's strength and create cautious sentiment in the equities market, prompting potential volatility in various sectors.
Source: YAHOO