Wall Street slips, gold gains, and dollar steady amid tariff tensions

President Trump’s new tariff plan has led to tensions in the market, causing Wall Street to react negatively. Asian stocks have particularly felt this pressure, signaling investor uncertainty with increased volatility globally.

As a safe haven asset, gold is gaining traction amidst these uncertainties, with its price reflecting a year-to-date increase of over 25%. Investors are wary of the tariffs’ impacts on inflation and upcoming earnings forecasts.

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