Tensions escalate as President Trump threatens a staggering 50% tariff on Chinese goods, prompting a fierce response from Beijing. Analysts warn of a looming global recession as markets react cautiously.
Asian shares tumbled drastically following President Trump's tariff hikes, triggering panic among investors and fears of a global recession. With Wall Street's worst crisis since COVID, market volatility is expected to persist.
As Trump's latest tariffs kick in, markets face significant turbulence, with fears of a global recession mounting. Analysts warn of persistent volatility while world leaders consider their responses.
In response to US tariffs, UK Prime Minister Sir Keir Starmer is set to implement industrial policies to protect British businesses. While seeking a trade deal with the US, he acknowledges the need for state intervention to bolster the economy amid global uncertainty.
U.S. trade tariffs announced by President Trump could spell doom for the global economy, risking recession and price hikes. Experts warn of a shift towards inefficiency and uncertainty in world markets.