Description
Donald Trump sent Wall Street into a tailspin with his latest tariff tirade. U.S. stock index futures took a dramatic plunge this morning, as the President's hefty custom charges on key trade partners whipped investors into a frenzy. The fear? A trade war that could send the global economy skidding into recession. The global stock market shivered, while government bonds soared to new heights, and gold - the ever-dependable financial security blanket - hit a record high before performing a sharp U-turn. Investors are now on tenterhooks, eagerly awaiting the Federal Reserve's next move and any further economic indicators. The ripples of Trump's trade policy are being felt far and wide, and the financial world is holding its breath.