Market panic deepens as China retaliates against Trump tariffs
Monday, 7 April 2025 () Tokyo (AFP) April 7, 2025
World markets crashed on Monday with Asia leading the rout, as US President Donald Trump held firm on his swingeing tariffs despite China retaliating and global recession warnings growing louder. Hong Kong's Hang Seng plunged more than 13 percent, its biggest drop since the 1997 Asian financial crisis, while in Japan the Nikkei 225 index fell an eye-watering 7.8 percent. Countries mostl
US President Donald Trump has pledged unwavering commitment to his aggressive tariff strategy, calling it a chance to “get rich.” Despite a massive stock market crash and mounting global backlash, Trump insisted tariffs are essential to protect American jobs. China, Canada, and the EU have...
In a fiery press conference, Senate Democrats launched a scathing attack on Donald Trump’s sweeping tariffs and the Republican-backed budget plan, calling it a "pincer of pain" that’s squeezing..
U.S. President Donald Trump has announced a 75-day extension for ByteDance to finalize the sale of TikTok’s U.S. operations. Citing "tremendous progress" on a potential deal, Trump emphasized the..
China has rebuked the US over recent tariff hikes, accusing Washington of economic bullying and warning of severe implications for global trade. The move, which... IndiaTimes
Technology stocks tumbled as President Trump's new tariff policies incited market panic, with Apple leading the sharp decline at nearly 9%. The Nasdaq Composite... IndiaTimes Also reported by •Upworthy
LIVE UPDATES S&P 500 Set to Enter Bear Market as Trump Tariffs Spark Panic Dow futures were tumbling more than 1,500 points and the Nasdaq 100 was also diving in... Upworthy
Monday, 7 April 2025 ()
Tokyo (AFP) April 7, 2025
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