Sun. 06 Apr 2025
☁️ 4°C in Dublin
🎮 Games
Date: 11-mar-2025
On March 3, 2025, President Donald Trump announced the enforcement of previously delayed tariffs on imports from Canada, Mexico, and China, effective March 4. This decision led to a substantial sell-off in the US stock markets. The S&P 500 index fell by 1.8%, while the Nasdaq-100 index dropped 2.6% on the same day.
The abrupt implementation of tariffs contributed to increased market volatility. The Cboe Volatility Index (VIX), a measure of market fear, reached its highest level since December 2024, reflecting heightened investor anxiety over potential economic repercussions.
In response to the US tariffs, Canada imposed 25% tariffs on $10 billion worth of US goods starting March 4, with plans to extend these measures later in the month. Mexico also announced intentions to implement retaliatory tariffs, further intensifying trade tensions.
The European Union criticized the US tariffs, stating they pose a threat to global trade and economic partnerships. This sentiment underscores the broader international concern regarding the potential for a global economic slowdown resulting from escalating trade disputes.
The aggressive trade policies have raised concerns about a potential recession. Analysts warn that the combination of tariffs and reduced government spending could lead to an economic downturn, reminiscent of past financial crises.
Financial experts advise investors to exercise caution amid the current market volatility. Diversifying portfolios and focusing on long-term investment strategies are recommended to mitigate risks associated with the uncertain economic environment.
Date: 11-Mar-2025
On March 11, 2025, Indian stock markets opened lower, reflecting global sell-offs driven by escalating tariff disputes and recession concerns. Major indices like the Nifty 50 and Sensex experienced notable declines, with significant impacts on IT and banking sectors.
Date: 11-Mar-2025
On March 11, 2025, Indian stock markets opened lower, reflecting global sell-offs driven by escalating tariff disputes and recession concerns. Major indices like the Nifty 50 and Sensex experienced notable declines, with significant impacts on IT and banking sectors.
