Tariffs Shock Hit Stocks, Cryptos, While Nvidia Fails To Come To The Rescue: This Week In Markets
Risk assets tumbled as a wave of bearish sentiment gripped markets, with escalating trade tensions, disappointing earnings and signs of economic fragility weighing on investor confidence.President Donald Trump confirmed a 25% tariff on imports from Mexico and Canada, effective March 4, while also targeting European Union's goods including automobiles and imposing an additional 10% tariff on Chinese imports. The sweeping trade measures rattled markets, triggering broad-based sell-offs, with cryptocurrencies ...