Stock markets around the world plunged for a second day on Friday as China announced retaliatory tariffs of 34% on US imports, signalling a major escalation of a trade war ignited by Donald Trump and feeding fears of a global recession. “For all imported goods originating from the US, an ...
In a move that risks igniting a global trade war, US President Donald Trump on Wednesday unveiled sweeping tariffs, branding the decision as “Liberation Day” for American industry. Speaking from the White House Rose Garden, Trump claimed the United States had been “looted, pillaged, raped and plundered by nations near ...