Learn English: Trump's Tariffs: Global Market Shockwaves (hard)

2 days, 5 hours ago

Trump's Tariffs: Global Market Shockwaves

President Trump's new tariffs on Mexico, Canada, and China sent global markets into a tailspin on Monday.

Japanese and South Korean stocks plummeted, reflecting concerns about disrupted North American trade and investments.

The peso and Canadian dollar weakened against the strengthening U.S. dollar, amplifying economic anxieties.

Investors fear a potential trade war, leading to increased inflation and significant market volatility worldwide.

Learn English with En30s

Our simplified news summaries make learning English easy and efficient. Whether you're a beginner or an advanced learner, we have the right level for you. Choose from our easy, normal, or hard summaries and improve your English skills today!

Other difficulties

Source

Original: NY Times (Business)

Tags

#Trump Tariffs #Global Markets #Trade War #International Economics #Market Volatility

Other Business

Download En30s from Google Play