
Tariff Escalation Through the Lens of Geopolitical Economy
Author: Botao Xu; Intern: Leci Zhang On April 7, the three major U.S. stock indices fell by over 5%, the Hang Seng Index plummeted by 13.22%, and the Nikkei 225 dropped by 7.83%. By April 8, the Nasdaq had recorded a cumulative weekly decline of 13.3%. On …