Reported 5 days ago
In response to President Trump's new tariff policy, US stock futures fell sharply over the weekend as the markets braced for escalating global trade tensions. Trump suggested markets might need to 'take medicine' to adjust to the new realities, while his advisers defended the tariffs, asserting they are not intended to harm the stock market. As the US begins collecting a 10% tariff on imports from many countries, reactions from global markets, including planned retaliatory tariffs from China and the European Union, are causing significant concern among investors.
Source: YAHOO