Global financial markets were rocked on Wednesday by Donald Trump's announcement of sweeping tariffs, targeting China and the European Union in particular, with the risk of undermining the international economy. The bond market also played its role as a safe haven, with the yield on the benchmark ten-year US Treasury, easing to 4.10 percent after Donald Trump's announcement.

Global financial markets were rocked on Wednesday by Donald Trump's announcement of sweeping tariffs, targeting China and the European Union in particular, with the risk of undermining the international economy. The bond market also played its role as a safe haven, with the yield on the benchmark ten-year US Treasury, easing to 4.10 percent after Donald Trump's announcement.

Global financial markets were rocked on Wednesday by Donald Trump's announcement of sweeping tariffs, targeting China and the European Union in particular, with the risk of undermining the international economy. The U.S. president laid out the new measures after Wall Street stock markets had closed. But his announcement still rippled…

Questions will remain over how and which countries will respond, and what the impact on inflation and interest rates will be.