💨 Abstract

The U.S. dollar strengthened on Friday as global trade tensions escalated, with President Trump threatening a 200% tariff on European wine and cognac. The EU announced plans to impose levies on American whiskey in response to Trump's steel and aluminum tariffs. The S&P 500 tumbled into correction territory amid concerns of a sharp economic slowdown. The euro slid against the dollar as the EU-U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖