💨 Abstract

Global financial markets suffered losses on Monday as U.S. President Donald Trump's tariff plans were announced, with Asian equity markets sinking, European shares crashing to a 16-month-low, and oil prices plummeting. Investors fear higher prices, weaker demand, and potential global recession from Trump's tariffs. China's sovereign fund attempted to stabilize the market, while the European Union is seeking a united front to respond.

Courtesy: theprint.in

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