Recession fears mount as US China tariffs fuel trade war havoc across markets
Friday, 4 April 2025 Global stock markets continued their steep decline as China retaliated against US tariffs, escalating fears of a prolonged trade war. The Dow Jones tumbled, with significant losses for tech companies like Apple and Tesla. Concerns about a potential recession grew, despite positive US job growth. Investors remain anxious about long-term economic impacts.
China has blasted the United States for imposing new 34% tariffs, calling the move "economic bullying" and a threat to global stability. Beijing warns that the escalating tariff war may disrupt supply chains, hike consumer prices, and even spark a global recession. In response, China will impose a...
Trump declared that his tariffs are having a devastating impact on China’s economy, claiming that factories are shutting down and cargo ships are "turning back." Speaking with visible satisfaction,..
President Donald Trump has officially declared war on Amazon and its founder Jeff Bezos after the company reportedly planned to display the consumer cost impact of U.S. tariffs — a move the White..
U.S. Treasury Secretary Scott Bessent has admitted that the ongoing tariff war with China, sparked by President Donald Trump's massive 245% tariffs, is "unsustainable."..
Global markets tumbled as the US-China trade war escalated, with China imposing 84% tariffs on US goods. US stock futures fell, and bond yields surged, signaling... IndiaTimes
Donald Trump's new "reciprocal" tariffs, now at 104% on Chinese goods, have triggered a global trade war, disrupting markets and sparking recession fears. This... IndiaTimes
Asian markets rebounded on Tuesday following a global sell-off triggered by escalating US-China trade war fears. Japan's Nikkei 225 surged, while Australian... IndiaTimes