Energy Markets
As tariff fears unnerve the markets, Asia stocks drop and gold reaches a record high.
Asian stocks fell on Friday, with South Korea and Japan being the hardest hit. Meanwhile, gold, a safe haven asset for investors was at an all-time high after President Donald Trump's latest tariff salvo stoked fears of a full-blown trade war. Trump has moved forward with a 25% auto import tariff that will kick in next Monday. This move drew fierce criticism from politicians, industry executives and car manufacturers around the world. Trump's escalation of the global war on trade that he started upon regaining power has shocked the markets. Shares of automakers around the world have been hit especially...