Gold prices hit record high as oil falls: markets react sharply to Trump's tariffs.

Donald Trump's tariff collapse disrupted global markets, leading to rising gold prices and falling stocks. Investors are worried about the escalation of the US trade war, which could lead to a global recession. According to Reuters, the dollar has fallen to a six-month low due to the imposition of tariffs.

This is a turning point not only for the US economy but for the global economy as well, said Olu Sonola, head of US economic research at Fitch Ratings.

He added that numerous countries could face recession. Nasdaq futures fell by 3.2%, and European markets lost nearly 2%. For example, Apple's market capitalization dropped by $240 billion after a 7% share transfer.

A decrease in the yield on 10-year Treasury bonds to 4.04% indicates a new likelihood of interest rate cuts, despite expected inflation growth in the US due to tariffs.

Tariffs on the US economy and prices will lead to a supply shock. Uncertainty for businesses and consumers could hinder growth, warned Tai Hui, chief market strategist for the Asia-Pacific region at JP Morgan Asset Management.

The President of the United States announced a 10% import tariff and higher tariffs for major US trading partners. As a result, the import tax rate reached 22% in the US.

Investors bought safe assets like gold and the Japanese yen outside of the US dollar, anticipating corresponding measures from China and Europe. Oil fell by more than 2%, but the price of gold reached a record level of over $3200 per ounce. The euro also rose to $1.0912.

Trump's tariffs have a significant impact on global markets and could cause recession in many countries. Share prices are falling, while safe assets are becoming more valuable. It is important to stay informed about all events to respond timely to changes in the markets.