On Tuesday, markets were volatile as investors grappled with President Trump’s tariff commitments, resulting in stocks initially dropping before recovering later in the day. The S&P 500 index fell 1.5 percent before ending 0.8 percent lower, nearing correction territory. Concerns over escalating tariffs against Canada caused market fluctuations, with tech-heavy Nasdaq Composite index also closing lower. Analysts anticipate continued market volatility due to uncertainty surrounding trade policies and economic growth, as fears of a global recession persist.
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When tariffs danced with Bitcoin and markets held their breath
On March 12, 2025, global markets experienced a rollercoaster ride due to shifting narratives around tariff measures and deteriorating trade relations, highlighted by President Trump's threat to double tariffs on Canadian steel and aluminum. This led to a market selloff, with US indices sliding and European markets reflecting unease. Despite this, Chinese markets rose as investors bet on Beijing's ability to cushion the impact. Additionally, a significant development was the US government's bold step into...
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