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Weekly Market Outlook: Tariff Shock, Dollar Strength, and a Cautious Market Mood
Markets were shaken late on Friday after President Trump announced plans to impose 100% tariffs on Chinese imports, reigniting fears of a global trade war. The move sent shockwaves across asset classes – stocks, currencies, and even cryptocurrencies tumbled, triggering widespread liquidations. By Sunday afternoon, however, Trump appeared to walk back his comments, reassuring markets that “everything will be fine with China.” This late reversal is likely to set the tone for a sharp rebound on Monday morning, as investors cautiously unwind risk-off trades and reposition for a more stable open. Still, the episode ... (full story)