Global markets reacted negatively to President Trump's ongoing trade war, with Japan's Nikkei 225 dropping by 1.2% and U.S. S&P 500 futures indicating a lower opening. Oil prices also fell 1.5%, reflecting concerns about potential damage to international trade due to tariffs. The U.S. dollar lost ground against the Japanese yen and the euro, underscoring widespread apprehension about future economic growth. Analysts express belief that dollar weakness may persist, despite recent currency gains, pointing towards an overall decline in economic growth expectations.
Markets are reacting negatively to President Trump's trade policies, with Japan's stock index and oil prices both suffering significant declines amid fears of lasting economic repercussions.
S&P 500 futures pointed to a lower open as investors continue to brace for the fallout from tariffs that may impair international trade and economic growth.
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