Reported 9 days ago
President Trump has implemented significant tariffs, including a 104% duty on Chinese goods, heightening the global trade war and causing major disruptions in stock markets worldwide. The S&P 500 has suffered steep losses, nearing a bear market, as fears of recession grow. Despite signaling potential negotiations with affected countries, Trump’s tariffs threaten to increase everyday prices for American consumers, raising concerns about the long-term economic impacts.
Source: YAHOO