Global shares are mostly lower as investors mull the uncertainties brought by U.S. President Donald Trump’s latest tariffs

Tariffs are typically bad news for the economy and stock market. "They raise prices, slow economic growth, cut profits, increase unemployment, worsen inequality, diminish productivity and increase global tensions," according to David Kelly, Chief Global Strategist at J.P. Morgan.

U.S. President Donald Trump is urging senior advisers to take a more aggressive stance on tariffs as the administration prepares for a major escalation in its global trade war, the Washington Post reported on Saturday,

Trump’s limited grasp of global economics has already caused a stock plunge, economic decline, and the beginnings of increased unemployment in America. Worldwide, leaders are reacting proportionately and there is no chance of avoiding recession in Trump’s unprovoked trade wars.

Wall Street stocks ended sharply lower on Friday, with selloffs in Amazon, Microsoft and other technology heavyweights, after U.S. data stoked fears of weak economic growth and high inflation as the Trump administration ratchets up tariffs.

The U.S. dollar is poised to end the week steady but faces a quarterly loss, pressured by concerns that looming tariffs could stall economic growth. Market fears over U.S. President Donald Trumps pledge to

Stagflation fears rise as markets await Trump ‘Liberation Day’ tariffs. Wall Street stocks fell sharply on Friday, with big losses in Amazon ,