Global markets in red! Donald Trump’s tariff threat rattle stocks; Hang Seng dips 1%, FTSE down 50 points

Global stock markets experienced a downturn on Tuesday following President Trump’s actions, including the dismissal of a Federal Reserve official and threats of export controls on microchips. Asian and European markets reacted negatively, with indices like Hang Seng, Nikkei, and FTSE 100 all declining. These developments have heightened concerns about central bank independence and potential trade conflicts, impacting investor confidence.