Tariff Shock: Markets Reel from Trump’s 104% China Move
Trade volatility impacts bond yields
Catch up quick:
Markets were rattled Tuesday after President Trump unveiled a 104% tariff on Chinese imports, while offering a 90-day pause on reciprocal tariffs for other trading partners. The move jolted investors and triggered sharp moves in bonds, currencies, and equities.
Why it matters:
The policy whiplash has injected a wave of uncertainty into mark…
