Black Monday Fear: Trump's Tariff Reversal, Iran Tensions Threaten Global Markets

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News18•22-02-2026, 23:08
Black Monday Fear: Trump's Tariff Reversal, Iran Tensions Threaten Global Markets
- •Global markets face 'Black Monday' fears due to Trump's tariff decisions and escalating US-Iran tensions.
- •Trump warns of increasing global tariffs to 15% after the Supreme Court overturned previous tariff decisions.
- •The US Supreme Court ruled against Trump's tariff decisions, citing misuse of the IEEPA.
- •Experts warn of market uncertainty and potential refunds of $85 billion to $175 billion due to tariffs.
- •US-Iran tensions escalate with potential military action and disagreements over nuclear program sanctions.
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