Source: International Business Times
Gold hit another record high as traders flood into safe havens to shelter from market uncertainty AFP Asian markets mostly rose Tuesday, clawing back some of the hefty losses suffered in recent weeks, though sentiment remains sluggish and gold hit another record high as Donald Trump prepares to unveil sweeping tariffs. Investors have been rushing to position themselves for the US president's "Liberation Day" on Wednesday, when he warned he will impose levies on "all countries" for what he has said is years of them ripping off Americans. Trump said Monday he would be "very kind" when he unveils the tariffs but with little detail on who will be hit with what, trading floors are awash with uncertainty, hammering equities across the board and stoking recession fears.
