Reported 1 day ago
President Trump has threatened to impose a 50% tariff on China if it does not rescind a recent increase in tariffs by April 8, creating uncertainty in the stock market. As the U.S. implements a broad 10% tariff on goods from various countries, including an additional 24% on Japanese imports, global markets respond with volatility. While some countries propose countermeasures, Trump insists that negotiations with other nations will begin immediately. Analysts warn about potential economic downturns and increasing inflationary pressures.
Source: YAHOO