Global Shares Wobble as China Raises Tariffs on U.S. Goods to 125%; U.S. Markets Down

Global shares experienced volatility following an escalation in the U.S.-China trade war. The situation intensified as China announced a significant increase in retaliatory tariffs on U.S. goods, raising them to 125%. This move has contributed to a decline in U.S. markets, reflecting investor concerns over the ongoing trade tensions. The developments have been closely monitored as they impact global economic stability.