Reported about 7 hours ago
Recent tariffs imposed by President Trump on Canada, Mexico, and China have led to significant declines in U.S. stock indexes, sparking concerns about a potential trade war and its implications for economic growth. The uncertainty surrounding these tariffs has caused the dollar to weaken as investors seek safer assets, despite gains against the directly affected Canadian and Mexican currencies. Analysts warn that these developments could hinder productivity and exacerbate fears of an economic slowdown, highlighting the complex relationship between trade policies and market performance.
Source: YAHOO