Stocks savaged after China retaliates to Trump tariffs
Video Credit: AFP English - Duration: 01:19s - Published
Stocks savaged after China retaliates to Trump tariffs
Asian and European equities collapse on a black Monday for markets after China hammered the United States with its own hefty tariffs, ramping up a trade war many fear could spark a recession.
US President Donald Trump sparked a market meltdown when he unveiled sweeping tariffs against US trading partners for what he said was years of being ripped off.
But after Asian markets closed on Friday, China said it would impose retaliatory levies of 34 percent on all US goods from April 10.
Trump unleashed a scathing attack on China, Ukraine, and the Houthis, with prominent figures like Elon Musk, Tulsi Gabbard, and Pete Hegseth in attendance. As tensions escalate globally, Trump didn’t..
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,..
It’s been an eventful first 100 days for the second Trump administration, which has featured tariff turmoil, shifting foreign policy and the upheaval of prior geopolitical relationships. In this..
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