In a chaotic end to the week, global stocks have plummeted while the dollar plunges to a decade low against the Swiss franc amid escalating tariff tensions between the U.S. and China. Safe havens like gold soar, signaling investor anxiety.
In a strategic pause, Jaguar Land Rover halts U.S. shipments for a month, grappling with the fallout of President Trump's new tariffs on foreign cars. This decision reflects the uncertainty in the automotive sector as global markets react to the escalating trade tensions.
Stock markets in London, Paris, and Berlin plummet following Trump's tariff announcements, sparking fears of inflation and potential recession. Gold prices soar to record highs amidst market turmoil.