President Trump's new 10% tariff on U.S. trading partners has triggered a massive stock sell-off as investors fear a global economic shake-up. With steep penalties on China and others, the proposal could dramatically alter trade dynamics.
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In a bold move, President Trump has enacted metal tariffs, igniting tensions with trading partners like Canada and the EU. This decision could raise costs for US industries and consumers alike. Will it backfire?
Stock futures saw a slight increase as uncertainty looms over Trump's tariff plans affecting Mexico and Canada. Meanwhile, Bitcoin rallied after the announcement of a U.S. crypto reserve. What does this mean for the market?