Title: Trump's New Tariffs Shake Global Markets
Donald Trump has shocked global markets by imposing 50% tariffs on EU imports and 25% on Apple iPhones. The Dow Jones fell over 400 points, and Apple shares dropped nearly 7% as investors reacted.
“These tariffs are shaking investor confidence,” said analyst Karen Wu.
EU Retaliates
In response, the EU announced $108B in retaliatory tariffs, targeting U.S. agriculture, tech, and pharma. EU officials called the move “protectionist.”
Safe Havens Surge
Gold prices soared past $2,450/oz as investors rushed to safer assets. Analyst Daniel Herrera called gold a “financial lifeboat.”
India Deal Incoming?
Meanwhile, a potential U.S.-India trade deal could cut tariffs from 26% to 10%, offering a diplomatic win amid tensions.
Trade War 2.0?
Experts are divided. Supporters say Trump is protecting U.S. jobs; critics warn of inflation and global fallout.
“Trade wars are easy to start but hard to end,” said IMF economist Lisa Tran.
Where do you stand—strategic move or risky gamble?
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