An escalating tit-for-tat retaliation between the U.S. and China could wipe out all bilateral trade between the the world's two largest economies.

"It seems that we go from panic to euphoria to terror," one analyst told Business Insider. Stocks and bonds swung violently, while the dollar plunged.

China is facing the highest rate - with a 125% duty levied on Chinese goods imported to the US. The White House has said that tariffs on China would reach 145% for some products due to a pre-existing 20% levy imposed on those producing the drug fentanyl

A positive correlation between global oil benchmark Brent crude and U.S. equities has reemerged in 2025, reflecting concern about the slowing economy and the impact of U.S. President Donald Trump's trade wars.

Asian markets are down despite Trump's tariff pause, ending a brief relief rally. Investors remain wary due to ongoing US-China trade tensions and high tariff rates. US futures are also falling, reflecting persistent market uncertainty and economic concerns.

Subscribers asked about stock market volatility, Treasurys, the strength of the dollar and more.

Most stock markets in the Gulf ended lower on Wednesday, tracking a global selloff triggered by the latest U.S.-China trade war escalation.

If you need to start tapping into your 529 for college expenses, here are some options and alternatives amid the Trump tariffs.

Trading was volatile as investors struggled to find a bottom after recent steep declines driven by the president's trade policy.

Not since the pandemic in 2020 have individuals felt there was such an opportunity to buy the dip. The backdrop is stark: U.S. stocks experienced their most dramatic two-day wipeout in history. In total, markets have shed $11 trillion since Inauguration Day, $6.6 trillion of which was wiped out on Thursday and Friday.

As markets continue to plummet in response to incoming tariffs, the S&P Global 500 has started to fall into what appeared to be bear market territory.