24
May
May
Trump tariff threat shakes global markets
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admin / 2 weeks
- 1
- 3 min read
Trump tariff threat has once again stirred global trade waters. On Friday, President Donald Trump announced two alarming possibilities. First, a 50% tariff on all European Union goods starting June 1. Second, a 25% import tax on iPhones bought by American consumers. Markets reacted immediately. The S&P 500 dropped 1%, while the Nasdaq slipped 1.2%. […]
