The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
global markets react to trade tensions and rising oil prices
US President Trump has imposed a 25% tariff on steel and aluminum imports, prompting countermeasures from the EU. While the currency market showed little reaction, gold prices surged amid rising fears of financial turmoil. Asian markets remained cautious, with expectations of a trade agreement between the US and China still high.
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