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Recession fears mount as US China tariffs fuel trade war havoc across markets

IndiaTimes 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.
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Video Credit: Oneindia - Published
News video: China Slams US Tariffs as 'Economic Bullying,' Warns of Global Instability Amid Escalating Trade War

China Slams US Tariffs as 'Economic Bullying,' Warns of Global Instability Amid Escalating Trade War 03:32

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...

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