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?
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Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies. Amid declining Chinese cargo shipments, Bessent dismissed fears of disruptions, praising U.S. retailersâ preparation. He hinted at imminent trade announcements with India and ongoing negotiations with South Korea and Japan, emphasizing that election cycles abroad are acceleratingânot delayingâtalks. Bessent characterized India as an âeasierâ partner due to its transparent tariff regime. The conversation reflects rising urgency in reshaping global trade relationships amid shifting geopolitical currents.
#ScottBessent #TradeDeals #USIndiaTrade #ChinaTariffs #SupplyChain #FairTrade #USJapanRelations #SouthKoreaTrade#USChinaRelations #GlobalEconomy #TradeNegotiations #IndiaTariffs #BidenTradePolicy #RetailSupply #AsiaUSDeals#Geopolitics #InternationalTrade #ElectionsAndTrade #TariffTalks #USAsiaPartnership
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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
Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
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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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.
#Trump #JeromePowell #FederalReserve #InterestRates #TrumpNews #FedChair #MonetaryPolicy #StockMarket #WallStreet #USPolitics #WhiteHouse #Powell #TrumpReversal #EconomicPolicy #CentralBank #BreakingNews #OvalOffice #TrumpStatement #FinanceNews #PowellProtected #RateCutDebate #TrumpFedClash #TrumpMarkets #USEconomy #PaulAtkins #TrumpSpeech #FinancialStability #KevinHassett #PowellUnderFire #PowellStays #TrumpvsPowell
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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.
#ElizabethWarren #Trump #WallStreet #Corruption #Tariffs #InsiderTrading #Politics #BreakingNews #TrumpScandal #MarketManipulation #InvestigateTrump #Economy
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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.
#TrumpTariffs #TradeWar #USChina #RecessionFears #WallStreet #TariffPause #NasdaqRally #S&P500 #GlobalMarkets #Economy2025 #GoldmanSachs #JoeBrusuelas #USPolicy #FinancialMarkets #AsiaMarkets #MarketRally #TrumpSpeech #GlobalTrade #ChinaTariffs #ReciprocalTariffs
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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.
#Trump #StockMarketCrash #Economy #RecessionFears #FederalReserve #JPMorgan #GlobalRecession #Tariffs #TradeWar #WallStreet #ChinaCrash #USEconomy #GoldmanSachs #InterestRates #EconomicChaos
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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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U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to reporters, Bessent cited potential Chinese job losses in the millions and argued that the U.S. trade deficit puts pressure on China to act. While avoiding specifics on communications, he hinted at the unsustainable nature of Chinaâs tariff stance. Beijing denies ongoing talks. The standoff continues, clouded by diplomatic silence and sharp warnings of economic instability from Washington.
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After a deadly attack in Kashmir that killed 26 people, China has urged India and Pakistan to show restraint and seek peaceful resolution. Chinese Foreign Minister Wang Yi stressed that conflict benefits no one, offering Beijing's support for de-escalation. Iran and Saudi Arabia have also stepped in, offering to mediate between the two rivals. As hostilities rise, India has expelled diplomats, suspended treaties, and closed borders, while Pakistan retaliated with its own measures. Global concern is growing over the threat of escalating conflict in South Asia.
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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.
READ MORE : http://www.euronews.com/2025/04/25/trump-claims-meeting-with-china-after-beijing-denies-any-trade-negotiations
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Credit: euronews (in English) Duration: 01:16Published
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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