https://www.taxtmi.com/news?id=40554 Uncertainty from revised tariff announcements and ensuing retaliatory trade steps caused swift market re pricing: US equity indices plunged, particularly in sectors dependent on cross border demand, while sovereign bond yields rose amid portfolio adjustments and non resident selling. Clarification that effective import tax rates would be higher than earlier public statements intensified downside risk, and foreign countermeasures plus multilateral diplomatic responses amplified global market volatility and recession concerns. en-us Fri, 11 Apr 2025 02:16:04 +0530 Fri, 11 Apr 2025 02:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40554 Uncertainty from revised tariff announcements and ensuing retaliatory trade steps caused swift market re pricing: US equity indices plunged, particularly in sectors dependent on cross border demand, while sovereign bond yields rose amid portfolio adjustments and non resident selling. Clarification that effective import tax rates would be higher than earlier public statements intensified downside risk, and foreign countermeasures plus multilateral diplomatic responses amplified global market volatility and recession concerns. News - Fri, 11 Apr 2025 02:16:04 +0530 https://www.taxtmi.com/news?id=40554