A global selloff in equities is underway, with Asian shares dropping the most in almost a month, as investors shun risky bets amid President Donald Trump’s latest round of tariffs on Canada, Mexico, and China. The dollar strengthened, Treasury yields edged lower, and Bitcoin plunged as investors reassessed their expectations of tariff risks and their impact on economic growth. The announcements have sparked concerns over the potential impact on US growth, inflation, and the possibility of recessions in Mexico and Canada, with China vowing to take “all necessary measures” against the US moves. Bloomberg Markets Reporter Valerie Tytel joins Caroline Hepker and Tom Mackenzie on Daybreak Europe to discuss. (Source: Bloomberg)Read More
