Trump Tariffs Take Effect; Vicious Treasury Sell-Off
Bloomberg Daybreak: US Edition
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Tariffs and Market Turbulence
This chapter examines the adverse effects of Trump tariffs on European stock markets and the mixed performance of U.S. futures amidst significant volatility. Financial experts provide insights into the ongoing sell-off in the treasury market and concerns over U.S. government bonds losing their safe haven status. The discussion highlights the broader economic implications of these tariffs, including potential impacts on growth, inflation, and unemployment.
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