Global markets crash as Trump tariff blitz sparks panic and retaliation
Monday, 7 April 2025 () Global financial markets plummeted on Monday, spurred by escalating trade tensions between the US and China. Key Asian indices experienced significant drops, mirroring Wall Street’s sharp declines. Investor confidence waned as China imposed hefty tariffs on US imports, sparking concerns about prolonged economic disruption and comparisons to the 2008 financial crisis.
Global financial markets are reeling as former U.S. President Donald Trump's aggressive tariff blitz against China ignites panic worldwide. Major stock indices across Asia and Wall Street are plunging, with investor confidence shaken by rising trade tensions and retaliatory tariffs from Beijing. What...
Goldman Sachs has raised the odds of a major US and global recession, warning that President Trump’s new tariffs could trigger a sharp economic downturn. Amid rising market panic and tightening..
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