The US administration has announced a 10% minimum tariff rate on various countries, with particularly high rates on Asian and European nations. Reciprocal tariffs equivalent to ~50% of the combined estimated rate of US export barriers have been imposed. India faces 27% tariffs, while China confronts 34%, potentially sparking a global trade war and economic growth concerns.
US Stock Market Today | Live: US stock futures climb as AI shares rally and crude prices ease
Warnings from executives at leading AI companies triggered a selloff last week, but concerns eased on Monday as investors focused on signs that spending on
September 21, 2026