Asia

    Markets expect Trump’s latest China tariffs will backfire as gold jumps and the dollar ‘is not looking looking healthy’

    Markets expect Trump’s latest China tariffs will backfire as gold jumps and the dollar ‘is not looking looking healthy’

    “This is now the second instance where markets are trading tariffs as backfiring on the US, not on the rest of the world.”

    By
    October 11, 2025

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