💨 Abstract

Trump's tariff announcement on U.S. imports has intensified a global trade war, sparking threats of retaliation from allies and rivals. The new tariffs, ranging from 10% to 32%, have been criticized by leaders worldwide, including EU chief Ursula von der Leyen, who warned of dire consequences for millions. Asian and European stock markets have plummeted, and Wall Street futures sank as investors shifted to safer assets.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖