Analysts have indicated that the escalating conflict between the U.S. and foreign nations over tariffs is further propelling the market to a global trade war.
Dimitri Zabelin, Geopolitical Strategist at Pantheon Insights, broke down how China and the EU are responding to the new tariffs in an interview with NYSE TV ...
Stock markets worldwide are careening even lower after China matched President Donald Trump's big raise in tariffs in an escalating trade war. The S&P 500 sank 3.8% Friday, coming off ...
China hit back against US tariffs with a 34% across the board tariff on the US. There do not appear to be exemptions, and and the response appears to be in the spirit of an eye for an eye.
Trump announced a minimum tariff of 10% on global imports and much higher taxes on products from China, the European Union and even smaller countries like Vietnam, slapped with tariffs of 49%.