US President Trump's 10% global tariff rate takes effect
The implementation of President Trump's 10% global tariff rate marks a significant escalation in trade tensions, likely impacting global supply chains and increasing costs for imported goods.
Russian Foreign Ministry Spokesperson says Russia will seek to find a solution to the problem of NATO's expansion to its borders by military or political means
China Spring Festival daily airplane passenger trips rose by 7.7% Y/Y and total trips reached 22.05mln, according to CCTV
US President Trump's 10% global tariff rate takes effect
Hong Kong government strongly protests Panama's takeover of both Panama ports controlled by CK Hutchison (1 HK)
Japanese Finance Minister Katayama says Japan is keeping close dialogue with the US on Forex, according to the Wall Street Journal
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This move could prompt retaliatory actions from trading partners, further complicating the economic landscape and affecting currency valuations, particularly the USD against major currencies like the EUR and JPY. As market participants assess the broader implications, we may see increased volatility across equities, commodities, and forex markets, especially in sectors heavily reliant on international trade.
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