In today's news:Global Markets Jittery as US Tariff Threats EscalateUS considering additional tariffs targeting Asian electronics and EU automotives.Bond yields fluctuate amid renewed uncertainty.UK Labour Government Plans Major Tax ReformsWealth tax proposals and changes to capital gains tax under review.Markets and high earners brace for potential financial shifts.China Signals Tech Sector Crackdown is OverBeijing shifts tone to support tech innovation.Chinese tech stocks rise sharply in response.Oil Prices Dip Despite Middle East TensionsTraders focus on sluggish global demand outlook.Strategic reserves remain high in the US and China.Bank of Japan Maintains Ultra-Loose PolicyDespite rising inflation, BOJ keeps interest rates unchanged.Yen under pressure as carry trade remains attractive.US Retail Data Falls Short of ExpectationsConsumer spending slows amid inflation and credit tightening.Analysts warn of potential Q3 GDP softness.

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