Markets in Freefall: Trump Doubles Down on Trade War as Global Economy Trembles
Video Credit: Oneindia - Duration: 03:01s - Published
Markets in Freefall: Trump Doubles Down on Trade War as Global Economy Trembles
Global financial markets are in freefall after the U.S. administration’s 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 markets—the worst since 2008.
Asia-Pacific markets nosedived, with Japan’s Nikkei plunging nearly 9% and Vietnam suffering significant declines under a 46% U.S. tariff.
Europe wasn’t spared either, as the STOXX 600 and major regional indices tumbled across the board.
#GlobalCrash #WallStreet #TariffWar #ChinaTariffs #TrumpEconomy #RecessionFears #StockMarketPlunge
#USChina #TradeWar #Nikkei #DowJones #EconomicCrisis #GlobalMarkets #MarketMeltdown #TariffCrisis
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President Donald Trump was visibly irritated during a press event after being asked about Wall Street’s trending term “TACO Trade” — short for “Trump Always Chickens Out.” The phrase, used by investors to suggest that Trump backs down under market pressure, triggered a fiery exchange. “That’s a nasty question,” Trump told the reporter, firmly denying that he ever backs off. He doubled down on his tough stance on tariffs, especially against China, but the viral moment is now fueling fresh debate over whether the president folds when financial pressure mounts.
#Trump #TACOTrade #TrumpNews #WallStreet #Tariffs #TradeWar #Politics #TrumpPressConference #TrumpVsChina #BreakingNews #WhiteHouse #TrumpReaction #FinanceNews #MarketWatch #ViralMoment
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President Trump pushed back after being mocked on Wall Street with the nickname "TACO trade"—short for "Trump Always Chickens Out"—a dig at his inconsistent tariff strategies. During a press exchange on May 28, Trump defended delaying steep tariffs on China and the EU, calling the jab unfair. The term has gained traction among analysts critical of his tariff flip-flops, citing economic uncertainty for markets and businesses. Despite the criticism, Trump maintains that his decisions are strategic, aimed at securing better deals while avoiding unnecessary economic damage.
#Trump #Tariffs #TACOTrade #TrumpChickensOut #TradePolicy #USChinaRelations #EUTariffs #WallStreet #EconomicNews #GlobalTrade #TariffStrategy #BreakingNews #TrumpNews #MarketReaction #TariffDelay #Mockery #TrumpVsWallStreet #TradeFlipFlop #TACOJoke #TradeWarHumor #TrumpSpeech #USPolitics #TradeUncertainty #TrumpDefends #PoliticalSatire #ChinaTariffs #EUTariffs #EconomicImpact #TariffTalks #BusinessNews #FinanceHumor
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An explosion at Japan’s Kadena Air Base in Okinawa injured four Japanese Self-Defense Force (SDF) personnel during WWII ordnance disposal on Monday. The blast occurred inside the U.S.-controlled base, though no American personnel were hurt. The injuries are not life-threatening. Japan’s 15th Brigade was handling unexploded ammunition at the time. Authorities have urged the public to avoid the area as investigations continue. Kadena, the largest U.S. airbase in the Asia-Pacific, plays a key strategic role near Taiwan.
#KadenaBlast #OkinawaExplosion #SDFInjured #USJapanBase #WWIIOrdnance #KadenaAirBase #MilitaryAccident #AsiaPacificSecurity #UnexplodedAmmunition #OrdnanceDisposal #TaiwanStraitTensions #BreakingNews #USMilitaryBase #JapanSDF #DefenceNews #WWIIExplosives #BaseSecurity #StrategicBase #MilitaryNews #NHKReports #USJapanAlliance
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Tensions are escalating in the Asia-Pacific as China slams the U.S.-Philippines joint military drills near Taiwan. The 2025 Balikatan exercises involve over 14,000 troops and simulated island defenses — moves Beijing says threaten regional peace. Chinese officials accuse the Philippines of colluding with foreign powers and warn the drills will disrupt stability and economic growth. As Australia, Japan, and others join or observe the war games, China warns: “Those who play with fire will get burned.” The Luzon Strait — near Taiwan — is now the center of global attention.
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