The US dollar is facing unprecedented turmoil following Trump's controversial tariff announcement, leading to a dramatic sell-off in equities, bonds, and currency. Investors are questioning the dollar's status as the world's reserve currency, with fears of a looming recession growing.
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.
As the trade war intensifies with new tariffs, investors flee to safe havens like the yen and Swiss franc. With markets in turmoil and recession fears growing, what does this mean for your investments?