Reported about 7 hours ago
Amid President Trump's announcement of a new tariff policy, U.S. stock markets are experiencing significant fluctuations as investors react to fears of an escalating trade war. Trump defended the tariffs, stating they are necessary to address trade deficits, while financial markets and international leaders, notably from China and Europe, prepare for potential retaliatory measures. With tariffs set to impact a wide array of imports, the economic implications are stirring concerns domestically and globally, prompting a mixed reaction from global markets and key economic players.
Source: YAHOO