💨 Abstract

Global stock markets plunged further on Friday after China announced additional tariffs of 34% on U.S. goods, escalating a trade war that has rattled investors and raised fears of a coming recession. Wall Street was down sharply, with the S&P 500 index dropping 5.4%, the Nasdaq losing 5.3%, and the Dow Jones Industrial Index losing 4.9%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖