Global markets remain volatile following last week’s brutal tariff-led sell-offs. China’s retaliation marked a major escalation of a global trade war after the country imposed 34% tariffs on all imports from the United States last Friday. Investors fear that mounting trade barriers could push the global economy into recession.
This week, market participants will continue monitoring tariff developments from US President Donald Trump and the responses from other major economies. Rising uncertainty is likely to foster further risk aversion in global markets.
