Question

Please help me in the question below.provide me with a detailed answer.

Provide me in detail any recent financial news which is interesting and have a huge impact.

Answer 1

Solution:

The most important financial news that has impacted the economy around the world is the US-China trade war. The stock markets around the world have fallen significantly due to this news.

Trade War: The USA has started the trade war against China in order to protect the domestic companies and create the jobs for the American people. Here are few important tariffs imposed and important demands by the US to China

1. Imposing 25% import tariffs on Chinese steel import.

2. Open China for US investments

3. China should stop giving subsidies to tech companies

4. Reduce the trade deficits by $200 billion.