Analysts warn of possible recessions in the UK, US and EU while world leaders weigh up retaliatory action Markets are braced for another rollercoaster week as the most punitive of Donald Trump’s tariffs kick in and world leaders weigh up retaliatory action, adding to fears of a global recession.Stock indices plunged by nearly $5tn (£3.9tn) last week, with markets in the UK and US experiencing losses not seen since the early days of the Covid-19 pandemic, as investors took cover from the opening salvoes of Trump’s trade war. Continue reading...
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