A 10% tariff imposed by the US on UK imports marks a significant shift toward protectionism and creates economic uncertainty. The UK’s FTSE-100 index experiences a drastic drop, illustrating the immediate impact on global financial markets. China and other countries call for dialogue to address escalating trade tensions, highlighting the strain on international relations. The […]
Market volatility intensifies following Trump’s tariffs on foreign imports, raising fears of a recession. Speculation arises about potential benefits of market disruption, such as lower interest rates and increased domestic investment. Trump’s strategy aims to encourage local production and reduce dependence on foreign goods. Critics, including Warren Buffet, argue that tariffs increase consumer costs and […]