All articles tagged with #trump trade war
Cryptocurrencies experienced a sharp flash crash following President Trump's threat of new tariffs on China, leading to a $19 billion liquidation, a flight to safe assets, and heightened market volatility, especially among highly-leveraged traders and speculative coins.
Despite President Trump's aggressive trade war rhetoric and new tariff threats to 20 countries, Wall Street remains largely unaffected, with major indices rising and analysts viewing the actions as political posturing rather than immediate policy changes.
Copper prices in the US hit a record high after President Trump announced a 50% tariff on imports, escalating trade tensions and causing significant market volatility, with futures jumping over 10% before slightly retreating. The tariffs are part of broader trade measures affecting various sectors, including pharmaceuticals and technology, and are expected to impact domestic inflation and global demand.