Asian Markets Slide as Global Sell-Off Continues

As punishment for buying Russian oil, President Trump is doubling the tax on goods imported from India, jeopardizing a relationship decades in the making.

President Trump, who disabled the World Trade Organization during his first term, is going after international free trade rules in place since the 1940s.

The Chinese economy is more dependent on exports, making tariffs more potent, yet it’s less reliant on American markets and increasingly bent on self-sufficiency.