Recession fears mount as US China tariffs fuel trade war havoc across markets
Friday, 4 April 2025 () Global stock markets continued their steep decline as China retaliated against US tariffs, escalating fears of a prolonged trade war. The Dow Jones tumbled, with significant losses for tech companies like Apple and Tesla. Concerns about a potential recession grew, despite positive US job growth. Investors remain anxious about long-term economic impacts.
China announced a 34% tariff on all U.S. imports, directly responding to President Donald Trump’s recent hike on Chinese goods. With Trump’s additional 34% tariff and earlier 20% duties, U.S. tariffs on some Chinese goods now total at least 54%. China condemned the move as “unilateral...
President Donald Trump has extended the deadline for ByteDance to sell TikTok’s U.S. operations by another 75 days, pushing the potential shutdown to mid-June. This marks the second time Trump has..
Watch the New York Stock Exchange (NYSE) opening bell ring in New York City, marking the start of the trading day. A key tradition on Wall Street, this event sets the tone for financial markets across..
Ministers say they will stay "cool and calm" while negotiating an economic deal to ease the impact of US tariffs but are not ruling out retaliatory measures. Treasury minister James Murray stressed the..
Global stock markets plummeted further on Friday after China said it would strike back at U.S. President Donald Trump with additional tariffs of 34% on U.S.... Upworthy
Beijing imposes punitive 34% extra tariffs on all goods imported from US, exacerbating stock market sell-off US politics live – latest updates China has hit... Upworthy
US Treasury bond yields sank Friday morning after China announced a 34% retaliatory tariff on all American goods, escalating fears of a trade war and a possible... Upworthy
Friday, 4 April 2025 ()
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