Tariffs put financial system to the test


Roller-coaster ride: A board displaying stock prices at the Indonesia Stock Exchange in Jakarta on Tuesday. Indonesia says it may buy more cotton, wheat and natural gas from the United States. — AP

JAKARTA: The world is once again facing a sharp shift in the trade landscape.

The return of Donald Trump to power, accompanied by aggressive tariff policies, marks a new chapter in the ongoing rise of protectionism.

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