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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.
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