💨 Abstract

On Wednesday, U.S. President Donald Trump is expected to announce broad tariffs in the White House Rose Garden, potentially escalating a trade war and disrupting the global economy. The details of the tariffs remain unclear, but they are expected to be reciprocal, matching higher rates charged by other countries. The uncertainty has alarmed financial markets and businesses that have relied on trading arrangements since 1947.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖