US President Donald Trump’s new tariffs, efficient Saturday, goal international locations like Australia, the UK, Colombia, and Saudi Arabia, sending shockwaves via world markets. In response, China imposed 34% tariffs on U.S. imports, together with export controls and commerce restrictions. Specialists warn that the escalating commerce struggle might result in a recession, as tensions between the U.S. and China proceed to rise. This report explores the potential financial fallout of this world battle.
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