Emerging Markets Rattled on Threats to Trade, Ukraine Deal
Emerging markets are reeling from investor concerns over US President Donald Trump's trade threats and the fading prospect of a Ukraine ceasefire, leading to their biggest drop since August. The turmoil follows Trump's announcement of further tariffs on China, along with plans for levies on imports from Mexico and Canada in the coming week. As tensions between the world's two largest economies continue to escalate, emerging markets are feeling the pinch.
- The synchronized nature of this global sell-off highlights the increasingly complex web of trade relationships that now underpins our economy, where a single event can send shockwaves through multiple markets.
- How will the escalating trade war between the US and China ultimately affect the long-term stability of global commodity prices?