Trump’s tariffs spark global market turmoil and reactions

Trump’s tariffs on China, Canada, and Mexico rattle global markets, sparking fears of trade wars and mixed international responses.

Published

1 year ago

February 4, 2025

ticker NEWS

Trump’s tariffs on China, Canada, and Mexico rattle global markets, sparking fears of trade wars and mixed international responses.

US tariffs cause market disturbances globally.

The recent implementation of tariffs by President Donald Trump on imports from China, Canada, and Mexico has led to significant concerns regarding the global economy.

Stock markets across Asia and Europe faced declines as the US dollar strengthened.

President Trump on tariffs: “With Mexico we had a great talk with Mexico…we haven’t’ agreed on tariffs yet. Maybe we will maybe we won’t. But we have a very good relationship. I also spoke with Prime Minister Trudeau of Canada. We had a good talk…Canada’s very tough.” pic.twitter.com/z4tUQGNZgn

— CSPAN (@cspan) February 3, 2025

Now the US and Mexico have agreed to delay tariff increases for one month following discussions between Trump and Mexican President Claudia Sheinbaum.

However, Canada remains uncertain about its tariff situation, as its Prime Minister, Justin Trudeau, has communicated with Trump but has not received positive feedback.

Economic experts predict inflation could rise in Mexico, while Canada’s economy might face a contraction due to the tariffs.

Trump continues to advocate for his “America First” policies, as the implications of these tariffs ripple through international markets.

In response, Canada is planning to contest the tariffs at the World Trade Organisation, while China is also preparing countermeasures.

Market reactions include steep falls in equities, with significant losses observed in Asian and European indices.

On the cryptocurrency front, Bitcoin and Ether experienced declines, reflecting investor wariness due to the escalating trade tensions.

Conversely, gold prices rose sharply amidst market volatility.

The situation continues to evolve, with nations responding to the shifts in trade policies while seeking ways to mitigate the economic fallout.

Ukraine Russia peace talks stall with no breakthrough

Zelenskiy blames Moscow for stalling Geneva peace talks; negotiations to resume amid unresolved eastern territory and nuclear power plant disputes.

Published

17 hours ago

February 19, 2026

Harvey Vargas

Zelenskiy blames Moscow for stalling Geneva peace talks; negotiations to resume amid unresolved eastern territory and nuclear power plant disputes.

Two days of high-stakes negotiations in Geneva have ended without a breakthrough, as Ukraine and Russia failed to reach an agreement on key issues in the ongoing war. Despite international pressure, both sides walked away without a deal.

President Volodymyr Zelenskiy accused Moscow of deliberately stalling United States-mediated peace efforts, while Russia signalled it would not accept terms it sees as unfavourable. The White House says further talks are expected.

Major sticking points remain over territory in eastern Ukraine and control of the Zaporizhzhia nuclear power plant, with both sides rejecting proposals that would involve significant territorial concessions.

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News

Iran on edge as military build up meets domestic unrest

Iran strengthens military and nuclear sites amid US carrier presence, escalating fears of confrontation and internal dissent pressure.

Published

18 hours ago

February 19, 2026

Harvey Vargas

Iran strengthens military and nuclear sites amid US carrier presence, escalating fears of confrontation and internal dissent pressure.

Iran is ramping up military readiness as tensions with the United States intensify, with Tehran fortifying key nuclear sites and reviewing defence strategies amid the deployment of U.S. aircraft carriers in the region. Leaders in the Islamic Republic say they are prepared to respond to any imposed conflict, signalling a high-stakes standoff that could reshape regional security dynamics.

At the same time, the regime faces mounting domestic discontent, with security forces cracking down on dissent and carrying out widespread arrests following recent protests. While Iran insists it has made concessions toward a nuclear deal, Washington says key demands remain unmet, leaving negotiations in limbo and the country’s political future under strain.

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News

Jesse Jackson dies at 84 civil rights leader and presidential candidate

Civil rights leader Jesse Jackson, 84, dies, leaving a legacy in equality advocacy and global diplomacy.

Published

2 days ago

February 18, 2026

Harvey Vargas

Civil rights leader Jesse Jackson, 84, dies, leaving a legacy in equality advocacy and global diplomacy.

Civil rights icon Jesse Jackson has passed away at the age of 84. Known as a servant leader, he dedicated his life to giving a voice to the oppressed and advocating for equality worldwide.

Jackson founded Operation PUSH and the National Rainbow Coalition, and served as a special envoy to Africa under President Bill Clinton, leaving a lasting impact on global diplomacy and social justice.

He also ran for the Democratic presidential nomination in 1984 and 1988, played a key role in US politics, and helped secure the release of hostages abroad, remaining a tireless advocate until his passing.

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