New Overnight Developments Abroad - Daily Update
Highly Anxious Financial Market Mood as Trump Gives Tariff Go-Ahead
February 3, 2025
(206) The dollar has soared and equity markets have plunged in response to the weekend White House announcement of 25% U.S. tariffs against Canada and Mexico and 10% levy against imports from China to go into effect on Tuesday. A tit-for-tat trade war is feared that may spawn higher inflation and interest rates everywhere. Tariffs […] More
