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US escalates trade tensions with new tariff policy
In April 2025, the US administration announced a reciprocal tariff policy, imposing a universal baseline tariff of 10% on imports from all countries, with significantly higher rates for approximately 60 nations holding substantial trade surpluses. For example, Japan faces a 24% tariff, China 34% (in addition to an existing 20% tariff), the European Union 20%, and Vietnam up to 46%. This aggressive move has led to increased stock market volatility globally, reflecting concerns about a potential trade war. Investors are advised to monitor these developments closely, as escalating trade disputes...