💨 Abstract

On Thursday, global equities fell and U.S. Treasury yields rose due to trade tensions and government shutdown concerns. President Trump threatened duties of 200% on European beverage imports, and Trump's increased tariffs on steel and aluminum imports took effect, drawing retaliation from Canada and the EU. Inflation data was cooler than expected, but investors worried it would not be sustainable due to rising tariffs.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖