💨 Abstract

On Tuesday, global stocks were little changed after initial declines, while U.S. Treasury yields advanced as investors evaluated President Trump's tariff increase on steel and aluminum imports and Federal Reserve Chair Powell's patient stance on rate cuts. Trump's promise of global reciprocal tariffs within days drew criticism from Mexico, Canada, and the EU, with the latter vowing to take countermeasures.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖