The financial markets are poised for a turbulent Monday as the United States has announced a series of aggressive tariff impositions against its major trading partners, Canada, Mexico, and China. This move, which includes a 25% tariff on goods from Canada and Mexico, and a 10% tariff on Chinese imports, has set off alarms of a possible new trade war, potentially leading to a significant downturn in the stock market. China says it will take retaliatory measures against US President Trump's new tariffs. This article is written by Shernice, if you like my article please hit the like button or do a repost. In respond Canada has announced its own 25% tariffs on U.S. goods, indicating a clear sign of retaliation. Mexico has also signaled that it is preparing counter-tariffs, though specifi
Trump Trade War Begins: How Will Bitcoin Move?
Donald Trump announced new tariffs on all imported goods from the United States' three major trading partners: China, Mexico, and Canada. On Friday, U.S. President Trump stated that tariffs would be imposed on products such as computer chips, pharmaceuticals, steel, aluminum, copper, oil, and natural gas starting as early as mid-February. As a result of Trump's tariff policy, Chinese stocks opened lower across the board. Bitcoin continues to drop to $94000. ----------- Are stocks oversold or just a beginning? How will tariffs impact US and China companies and other assets?
+ Follow
+47