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Economy
Trump's 'Liberation Day': Tariffs to take immediate effect
The White House has confirmed that President Trump’s tariffs will take immediate effect upon their announcement. Global markets showed signs of recovery on the first trading day of April, though analysts remain divided on the market outlook.
Markets
Oil markets retreat as economic concerns outweigh Trump tariff threats
Crude oil prices climbed on Monday amid US President Donald Trump’s threats to impose 25% to 50% tariffs on Russia’s oil. However, economic concerns may outweigh geopolitical tensions, as a weakening economic outlook could dampen oil demand. Investors will also be closely watching the OPEC+ meeting.