Stocks slump, dollar soars as Trump tariffs trigger trade war
- Posted on February 3, 2025
- By Bing News
- 6 Views
Stocks slump, dollar soars as Trump tariffs trigger trade war
By Kevin Buckland TOKYO (Reuters) - Asian stock markets slumped on Monday and U.S. equity futures pointed sharply lower after U.S. President Donald Trump's tariffs on Canada, Mexico and China triggered fears of a broad trade war and hit to global growth. The U.S. dollar shot to a record high against the Chinese yuan in offshore trading, and jumped to the highest since 2003 against Canada's