US to impose 100% tariffs on China – Trump

US President Donald Trump's announcement of imposing 100% tariffs on China has created significant turmoil in global stock markets. This move is seen as a drastic escalation in trade tensions between the two economic giants, potentially leading to increased prices for consumers and further economic instability. Investors are reacting with concern, as the implications of such tariffs could ripple through various sectors, affecting everything from manufacturing to consumer goods.