Financial markets have been hit by Trump's threats of tariffs, causing declines in equities and bitcoin, which dipped below $108,000.
Lara Maior
Economy
miss.cabul / Shutterstock.com
Always see our news on Google
On Monday, financial markets were rocked by President Trump's threats of trade tariffs, sparking fears of a global trade war. Bitcoin, which recently hit an all-time high, fell below $108,000. Trump warned Japan and South Korea of possible tariffs of 25%, and the list of targeted countries expanded, causing a negative reaction in equity markets. S&P 500 shares fell nearly 1% and Japanese automakers were hit significantly. This geopolitical uncertainty has led investors to consider bitcoin a risky asset.
Sources
Latest News
17:49
A highway in Morocco will bear the name of Donald Trump, in tribute to the recognition by the USA of Moroccan sovereignty over Western Sahara.
17:42
Volodymyr Zelensky proposes a ceasefire and wishes for a meeting with Vladimir Putin, according to a presidential advisor from Kiev.
17:36
Ludovic Orban, attack on Nicușor Dan: "He is the main culprit, alongside PSD, for the current political crisis"
17:25
PSD and AUR amendments to the ANI law, approved in the Legal Committee of the Chamber of Deputies. PNL considers them "unconstitutionally evident"
17:20
The administrative court in Paris rejected the appeal of pro-Kremlin journalist Xenia Fedorova against her expulsion from France and the freezing of her assets.
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
