Reported about 4 hours ago
In response to President Trump's recent tariff announcement on imports from China, Mexico, and Canada, stock markets experienced immediate declines before recovering when tariffs on Mexico were postponed for a month. Rob Arnott, a financial expert, warns that these tariffs are a significant threat rather than merely a negotiating strategy, suggesting that their short-term nature complicates predictions of economic impact. He highlights that market volatility is a common reaction to major geopolitical events that influence global trade.
Source: YAHOO