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Stocks slump again after China fires back in trade war with tariffs on U.S. goods

Upworthy Saturday, 5 April 2025 ()
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. goods, escalating a trade war that has rattled investors and fed fears of a coming recession. The trade war has spurred the biggest market…
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Video Credit: Oneindia - Published
News video: ‘China Panicked, Played Wrong': Trump's First Reaction Viral After China Slaps USA with 34% Tariff

‘China Panicked, Played Wrong': Trump's First Reaction Viral After China Slaps USA with 34% Tariff 04:26

The U.S.–China economic war escalates as Beijing hits American goods with a 34% tariff. President Donald Trump swiftly retaliated, slamming China for “panicking” and announcing harsher tariffs under his principle of reciprocity. China responded by restricting exports of rare earth materials...

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