Global Markets Freefall: Trump Tariff Blitz | Wall Street Bleeds, Asia Sinks, Panic Spreads Globally
Video Credit: Oneindia - Duration: 03:01s - Published
Global Markets Freefall: Trump Tariff Blitz | Wall Street Bleeds, Asia Sinks, Panic Spreads Globally
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 does this mean for your investments and the global economy?
In a bold statement, former President Donald Trump called on Russian President Vladimir Putin to stop military actions and engage in peace talks regarding the ongoing Ukraine conflict. Trump urged Putin to "sit down and sign a deal," highlighting the need for diplomacy. Trump's comments come amid rising tensions, with world leaders pushing for an end to the conflict. He emphasized that a diplomatic resolution is possible if both sides can negotiate terms within established frameworks.
#DonaldTrump #VladimirPutin #UkraineConflict #PeaceTalks #StopTheWar #Diplomacy #USPolitics #UkraineRussiaWar #USForeignPolicy #PutinNegotiations #TrumpOnPutin #InternationalRelations #GlobalPeace #StopShooting #DealNotWar #DiplomaticSolutions #UkraineCrisis #RussiaUkraine #WorldLeaders #USLeadership #PeaceInEurope
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US Secretary of State Marco Rubio has warned that imposing new sanctions on Russia could extend the Ukraine conflict by two more years. Speaking on NBCâs Meet the Press, Rubio emphasized the critical diplomatic window the US is currently navigating. While President Trump threatened new sanctions, Rubio stressed that Washington is uniquely positioned to broker talks between Kiev and Moscow. The next week is expected to be pivotal for determining whether negotiations can move forward, as both sides edge closer toâbut not quite reachingâa potential breakthrough.
#MarcoRubio #RussiaSanctions #UkraineWar #USDiplomacy #TrumpAdministration #Putin #Zelensky #Ceasefire #UkraineConflict #RussiaUkraine #PeaceTalks #Geopolitics #USPolitics #Moscow #Kiev #DiplomaticEfforts #ConflictResolution #UkraineNegotiations #GlobalNews #BreakingNews
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The Big Question: What will it mean for Europe if Trumpâs tariffs resume?
âThere is way too much at stake in this relationship to let that be damaged,â pleads the CEO of the American Chamber of Commerce to the EU.
READ MORE : http://www.euronews.com/2025/04/28/the-big-question-what-will-it-mean-for-europe-if-trumps-tariffs-resume
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Credit: euronews (in English) Duration: 08:00Published
Tensions escalate along the LoC as Pakistan violates the ceasefire for the fourth consecutive night, prompting a strong response from India. Following the.. IndiaTimes
Pope Francis died from stroke followed by heart failure, Vatican says
The late pope's passing was announced earlier on Monday morning with bells tolling in Catholic churches from Latin America to Asia and across Rome as the news spread around the world.
READ MORE : http://www.euronews.com/2025/04/22/pope-francis-died-from-stroke-followed-by-heart-failure-vatican-says
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Credit: euronews (in English) Duration: 02:00Published
U.S Trade War: Russian Foreign Minister Sergey Lavrov declared that Moscow wonât chase the U.S. for sanctions relief, despite bilateral trade plunging 95% from its peak a decade ago. Speaking to Kommersant, Lavrov criticized U.S. sanctions as destructive to globalization, saying theyâve only backfired on the West. He emphasized Russiaâs pivot towards Asia and the Global South, and stressed economic independence. Former President Trump recently extended U.S. sanctions, citing national security concerns, while hinting at potential relief tied to the Black Sea Grain Initiative.
#RussiaUSRelations #Lavrov #Sanctions #TradeWar #GlobalEconomy #RussiaSanctions #BidenPolicy #Trump #UkraineWar #ForeignPolicy #Geopolitics #RussiaChina #IndiaTrade #GlobalSouth #EconomicShift #Moscow #USSanctions #Putin #BlackSeaGrainDeal #Eurasia
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U.S. President Donald Trump issues bold warnings against both China and Iran, sending shockwaves across Europe and Asia. His statement, âWill attack Iran for sure if...â has triggered fears of an escalating global conflict. With tensions at boiling point and Trump's aggressive posture, concerns over a potential World War 3 scenario are rising. The international community watches nervously as alliances shift, markets stumble, and diplomats scramble. Trump's confrontational tone has left many questioning: Is the world on the brink of war or just witnessing another round of political brinkmanship?
#TrumpThreat #WorldWar3 #IranCrisis #ChinaTensions #TrumpVsIran #TrumpVsChina #GlobalTensions #MiddleEastCrisis #USForeignPolicy #AsiaOnAlert #EuropeShaken #TrumpSpeech #IranStrikeFears #ChinaTradeWar #TrumpRoars #GeopoliticalTension #TrumpOnWarPath #GlobalSecurityThreat #ShockwavesInAsia #NuclearTensions
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Asiaâs biggest tulip garden wilts under warm spring and dry spell
Warmer spring temperatures and a lack of snowfall in Kashmir are causing tulips to wilt, with climate change linked to the unusual weather conditions affecting growth.
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President Trump now says he has âno intentionâ of firing Federal Reserve Chair Jerome Powell, despite calling him a âmajor loserâ just days ago. Trumpâs sudden reversalâdelivered in the Oval Officeâcomes after sharp criticism and market turbulence. Wall Street surged on the news, as fears of a central bank shakeup faded. Trump had previously accused Powell of failing to cut interest rates. The about-face follows internal White House talks on removing Powell, who is legally protected until 2026. Critics warned that firing him could destabilize the entire financial system.
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Senator Elizabeth Warren is calling for an investigation into whether Donald Trump manipulated tariffs to benefit his Wall Street donors. As working families and small businesses struggled with policy whiplash, did insiders profit off inside information? Warren says it reeks of corruption and demands answers. Her bold push adds fuel to ongoing scrutiny of Trumpâs economic legacy and deep financial ties.
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China-US Tariff War: President Donald Trump has declared a 90-day pause on all new "reciprocal" tariffs, excluding China, which now faces a 125% levy. The decision triggered a massive rally on Wall Street, with the S&P 500 seeing its best day since 2008. Trump emphasized the need to avoid hurting friendly nations. However, economists remain cautiousâGoldman Sachs warns of a 45% chance of a U.S. recession. Despite market optimism, analysts suggest the pause may not fully counteract the economic turbulence sparked by the ongoing global trade war.
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Goldman Sachs has raised the odds of a major US and global recession, warning that President Trumpâs new tariffs could trigger a sharp economic downturn. Amid rising market panic and tightening financial conditions, Goldman forecasts a 45% chance of recession and slashes the US growth forecast for 2025 to 0.5%. The move comes after a global market meltdown, with China experiencing its biggest crash since 2008 and the EU facing harsh tariffs of 20%. Meanwhile, JPMorgan highlights US trade policies as the biggest risk to the global economic outlook, as retaliation, supply chain disruptions, and business uncertainty intensify. With Wall Street witnessing a $6.6 trillion wipeout in just two days, investor Bill Ackman warns that these policies could lead to an "economic nuclear winter." As countries like Canada and the EU consider stronger responses, the global trade landscape enters a volatile new phase.
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Global financial markets are in freefall after the U.S. administrationâs sweeping tariff announcement sparked a chain reaction of panic selling. Wall Street witnessed a historic two-day bloodbath, erasing $6.6 trillion in market value. China responded swiftly with a 34% retaliatory tariff, triggering a 10% crash in its own marketsâthe worst since 2008. Asia-Pacific markets nosedived, with Japanâs Nikkei plunging nearly 9% and Vietnam suffering significant declines under a 46% U.S. tariff. Europe wasnât spared either, as the STOXX 600 and major regional indices tumbled across the board.
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President Trump spoke to China's Xi about the ongoing tariff battle, claiming both nations are in an escalating tit-for-tat trade war. While China has denied formal negotiations, Trump is confident that a deal is imminent in the coming weeks. He indicated a "number" that would make China comfortable, but the tariffs continue to cause market uncertainty and global recession fears. With China offering exemptions for critical goods, businesses hope these measures will ease tensions and stabilize supply chains. But, Beijing is prepared for a long-term fight if necessary.
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Trump claims meeting with China after Beijing denies any trade negotiations
Trump insisted that a meeting with China had taken place regarding tariff negotiations, despite Beijing denying any such talks. Investors, however, saw signs of a de-escalation in the trade war, as global stock markets recovered most of the losses in April.
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China has deployed its aircraft carrier Shandong and an electronic surveillance ship to the Western Pacific in a direct response to the US-Philippines Balikatan drills and the unprecedented deployment of ship-sinking missiles in Luzon Strait. The US Navy's USS Nimitz is also active in the region. Beijing warned that any military collusion targeting Chinaâs interests will face consequences. With 9,000 US and 5,000 Filipino troops participating, tensions in the South China Sea are at a boiling point, signaling a potential confrontation in the Taiwan Strait corridor.
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Chinaâs state-sanctioned Catholic church has branded Pope Francis a âWestern stoogeâ and criticized VaticanâBeijing agreements as threats to national sovereignty. Underground congregations are now pressing for unity despite strict party surveillance, while hardline officials accuse the late pontiff of meddling in Chinese religious policy. Human rights groups condemn the broader crackdown on Christians, even as experts like Michel Chambon praise Francisâs diplomatic reset with Beijing. With the next papal selection looming, Chinese Catholics face a pivotal choice between state control and underground solidarity.
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President Trump signals a potential rollback of his steep China tariffs, saying theyâll âcome down substantially, but wonât be zero.â His comments follow Treasury Secretary Scott Bessentâs prediction of a âde-escalationâ in the trade war, calling current rates unsustainable. Trump imposed 145% tariffs on Chinese goods, prompting 125% retaliation from Beijing. As markets rebound and interest rate fears rise, insiders suggest change is comingâbut Trump insists, âWeâre doing fine with China.â Is a new phase of U.S.-China trade about to begin?
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