Global Markets Bleed as Trade War Escalates

As history has repeatedly proven, one trade tariff begets another, then another – until you have got a full-blown trade war. No one ever wins, and consumers always get screwed.” When March McKinnon said that, he wasn’t predicting the future—he was merely echoing what history has shown us time and again. And yet, here we are, watching it unfold once more—only this time, it’s not just consumers who are paying the price. This time, the tremors are being felt across trading desks, portfolios, and boardrooms. The global markets are rattled as the U.S. fires the first shot—announcing sudden, unilateral tariffs against nearly all its trade partners.