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Markets expect Trump’s latest China tariffs will backfire as gold jumps and the dollar ‘is not looking looking healthy’
fortune.com/2025/10/11/trump-china-tariffs-backfire-gold-prices-dollar-stock-selloff
Financial markets suffered a rerun of their swoon in April, when “Liberation Day” tariffs shocked global investors, signaling that his latest China duties may end up hurting the U.S. more than their intended target.
On Friday, President Donald Trump said he will impose an additional 100%…
This story appeared on fortune.com, 2025-10-11 16:14:47.