Trade Wars and Market Turmoil

This chapter examines the chaotic aftermath of Trump's announcement on new tariffs, detailing the immediate market decline and heightened tensions in financial markets. It focuses on the broader implications for globalization, the bond market's influence, and the role of Treasury Secretary Scott Besant in shaping trade policies. Amid ongoing uncertainties regarding the US-China trade war, the discussion highlights the challenges investors face in navigating rising costs and recession risks.