Trump Tariffs Trigger Global Trade Retaliation and Market Instability

Reported 1 day ago

President Trump's recent implementation of tariffs has led to significant market instability and fears of a global trade war, with China announcing a 34% tariff on US goods in retaliation. Trump has remained steadfast in his approach and vowed to never change his policies, despite the potential economic consequences. As trading partners respond with their countermeasures, the US stock market has experienced its worst sell-off since 2020, raising concerns about inflation and economic growth.

Source: YAHOO

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