💨 Abstract

President Donald Trump's decision to impose a 10% tariff on most goods imported to the U.S., along with higher tariffs on allies, has escalated a global trade war. This could lead to increased inflation and economic stagnation. World markets have been affected, with Asia's stock markets plummeting and investors seeking safe havens like bonds and gold.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖