💨 Abstract

World share markets are in a steep decline due to U.S. President Trump's announcement that tariffs will cover all countries, raising concerns of a global trade war and potential recession. Trump is set to announce tariff levels and auto tariffs in the coming days. Investors are seeking safety in sovereign bonds, gold, and the Japanese yen, with Japan's Nikkei leading the rout in Asia. Economists have increased the probability of a U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖