China has announced a 34% tariff on all U.S. imports in retaliation to President Trump's sweeping trade measures. As trade tensions escalate, global markets react sharply. India and other emerging economies brace for ripple effects. Here's a detailed analysis of the new tariff regime and its global implications.
UK Finance Minister Rachel Reeves unveiled a cautious Spring Statement with increased borrowing and restrained spending. Despite a weak economic outlook, bond markets rallied due to reduced gilt issuance forecasts, offering short-term relief. Analysts warn of long-term fiscal risks ahead of the general elections.
Facing high inflation and interest rates, India sees a $1 trillion market value loss as foreign investors pivot to China's promising economic recovery and stimulative policies.