U.S. tariffs on Asia and North America spark fears of global trade war, causing market plunge.

Asian stock markets and currencies fell sharply today after the U.S. imposed tariffs on imports from Canada, Mexico, and China, raising fears of a new global trade war. The move has led to concerns about decreased economic growth and tighter Federal Reserve policies, causing a sell-off in equity markets and currencies. Analysts warn of increased risk aversion due to these developments.

2 months ago
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