Market Turmoil as Trump Tariffs Loom

Reported 1 day ago

Global markets are feeling the pressure from President-elect Donald Trump's proposed tariffs, which could reach 10% on imports and as high as 60% on Chinese goods. Countries like China, Europe, Canada, and Mexico are particularly vulnerable, with currencies like the yuan and euro experiencing significant declines. The potential for retaliation and economic disruptions has investors on edge, especially in industries sensitive to trade flows, such as automotive and commodities.

Source: YAHOO

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