A 10% tariff imposed by the US on UK imports marks a significant shift toward protectionism and creates economic uncertainty. The UK’s FTSE-100 index experiences a drastic drop, illustrating the immediate impact on global financial markets. China and other countries call for dialogue to address escalating trade tensions, highlighting the strain on international relations. The […]
Former President Donald Trump unveiled a new tariff policy, causing global market volatility. The “reciprocal tariffs” strategy mirrors half the rates of tariffs that other nations impose on U.S. goods, impacting economies like China and the European Union. The announcement triggered a market panic, erasing nearly $2 trillion from the S&P 500 futures’ market cap. […]