💨 Abstract

On April 2, US President Trump announced reciprocal tariffs on about 60 countries, escalating global trade tensions. On April 9, the US administration temporarily paused additional tariffs, raising duties on Chinese imports to 125%. The pause may have been due to a sell-off of US treasury bonds by foreign investors and a surge in US bond yields.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖