President Trump announced new tariffs (taxes on imported goods) on steel and aluminum. This is making investors nervous about the economy!
This might lead to a global trade war, affecting many countries. It's causing some uncertainty in the markets, making it hard to predict what will happen next.
Investors are watching closely to see how this will affect the value of money and things like the price of gold and other things.
- Tariffs are like extra taxes on goods from other countries.
- This affects the value of different currencies (like the dollar and the euro).
- Investors are unsure what will happen next.
| Thing | Impact |
|---|---|
| Dollar | Stronger |
| Euro | Weaker |
| Australian Dollar | Weaker |
| Canadian Dollar | Weaker |
