Trump Slaps New Tariffs on 60 Countries as Global Markets Tumble; Brent Crude Near $95 Amid Rising Trade and Geopolitical Tensions
By Market News | July 25, 2026 Global financial markets witnessed a sharp wave of selling after U.S. President Donald Trump announced sweeping new tariffs on imports from 60 countries, reigniting fears of a global trade war. The fresh tariffs, combined with escalating geopolitical tensions in the Middle East, pushed …