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Markets in Freefall: Trump Doubles Down on Trade War as Global Economy Trembles

Video Credit: Oneindia - Duration: 03:01s - Published
Markets in Freefall: Trump Doubles Down on Trade War as Global Economy Trembles

Markets in Freefall: Trump Doubles Down on Trade War as Global Economy Trembles

Global financial markets are in freefall after the U.S. administrationā€™s 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 marketsā€”the worst since 2008.

Asia-Pacific markets nosedived, with Japanā€™s Nikkei plunging nearly 9% and Vietnam suffering significant declines under a 46% U.S. tariff.

Europe wasnā€™t spared either, as the STOXX 600 and major regional indices tumbled across the board.

#GlobalCrash #WallStreet #TariffWar #ChinaTariffs #TrumpEconomy #RecessionFears #StockMarketPlunge #USChina #TradeWar #Nikkei #DowJones #EconomicCrisis #GlobalMarkets #MarketMeltdown #TariffCrisis Also Read Viral Posts Rename Black Monday To ā€˜Orange Mondayā€™ Amid Global Market Jitters :: https://www.oneindia.com/india/viral-posts-rename-black-monday-to-orange-monday-amid-global-market-jitters-4116865.html?ref=DMDesc The Trump Fiasco: How A Tariff Blitz Crashed The World Economy, Whatā€™s Next?

:: https://www.oneindia.com/international/the-trump-fiasco-how-a-tariff-blitz-crashed-the-world-economy-what-s-next-4116797.html?ref=DMDesc Will India Hit Back at Trump Tariffs?

Govt Official Finally Speaks Out :: https://www.oneindia.com/india/will-india-hit-back-at-trump-tariffs-govt-official-finally-speaks-out-4116695.html?ref=DMDesc ~HT.410~GR.124~


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Goldman Sachs has raised the odds of a major US and global recession, warning that President Trumpā€™s 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. #Trump #StockMarketCrash #Economy #RecessionFears #FederalReserve #JPMorgan #GlobalRecession #Tariffs #TradeWar #WallStreet #ChinaCrash #USEconomy #GoldmanSachs #InterestRates #EconomicChaos Also Read China, US On Collision Course As Trade Spat Fuels Geopolitical Rift; Beijing Vows To ā€˜Fight To The Endā€™ :: https://www.oneindia.com/international/china-us-on-collision-course-as-trade-spat-fuels-geopolitical-rift-beijing-vows-to-fight-to-the-e-4117775.html?ref=DMDesc Viral Posts Rename Black Monday To ā€˜Orange Mondayā€™ Amid Global Market Jitters :: https://www.oneindia.com/india/viral-posts-rename-black-monday-to-orange-monday-amid-global-market-jitters-4116865.html?ref=DMDesc The Trump Fiasco: How A Tariff Blitz Crashed The World Economy, Whatā€™s Next? :: https://www.oneindia.com/international/the-trump-fiasco-how-a-tariff-blitz-crashed-the-world-economy-what-s-next-4116797.html?ref=DMDesc

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Trump says no pause on tariffs after rollercoaster day on Wall Street ends with most US markets down

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