Global Markets Reel as Tariff Policies Shake Investor Confidence
The U.S. dollar weakens further while safe-haven currencies gain traction, reflecting fears of escalating trade conflicts and economic downturn.
- President Trump's sweeping tariff announcement has triggered a global market downturn, with stocks plummeting and trade tensions intensifying.
- The U.S. dollar has seen broad losses, with investors favoring the Japanese yen and Swiss franc, which are near six-month highs.
- China and the European Union have proposed counter-tariffs, raising fears of a prolonged and escalating trade conflict.
- Speculation is growing that the Federal Reserve may cut interest rates as early as May, though officials emphasize the need for concrete economic data.
- Experts attribute market volatility to the Trump administration's tariff policies, which have disrupted financial markets and heightened recession concerns.