💨 Abstract

President Donald Trump's tariffs on dozens of countries, including a massive 104% on Chinese goods, went into effect on Wednesday, escalating a global trade war. The EU is preparing retaliatory measures, causing market turmoil, with the S&P 500 suffering its deepest loss since its creation, nearing a bear market. European shares fell, U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖