As Donald Trump unleashes a trade war, here is how the world is responding

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As Donald Trump unleashes a trade war, here is how the world is responding - Business Standard

Quick Summary:

According to various media reports, the imposition of these tariffs has led to heightened volatility in global markets, with significant declines in major stock indices and fluctuations in currency values.

He announced an additional 10 per cent tariff to be imposed from March 4, further straining relations between the world’s two largest economies.

In response to Trump’s tariff, Canadian Prime Minister Justin Trudeau announced a matching 25 per cent tariff on $155 billion worth of US goods.