Shanghai Stocks Crash 7.3% as Trump Threatens 50% Tariffs in Escalating US-China Trade Showdown
Video Credit: Oneindia - Duration: 03:08s - Published
Shanghai Stocks Crash 7.3% as Trump Threatens 50% Tariffs in Escalating US-China Trade Showdown
Shanghai stocks suffered their steepest drop in years, with the Composite Index falling 7.3% after US President Donald Trump threatened an additional 50% tariff on Chinese imports.
At one point, losses topped 8%.
The move reignited fears of a full-blown trade war, with Beijing vowing to âfight to the endâ and announcing 34% retaliatory tariffs on US goods.
Market analysts warned that the escalating standoff between the worldâs two largest economies could trigger global recessionary pressures, as investor confidence crumbles under policy unpredictability and intensifying cross-border tensions.
#ShanghaiCrash #TrumpTariffs #ChinaVsUS #TradeWar2025 #GlobalMarkets #ChinaEconomy #USChinaTensions #StockMarketCrash #ShanghaiComposite #TariffThreat #EconomicShock #RecessionFears #TrumpTradePolicy #MarketMeltdown #FinancialTurbulence #BeijingRetaliates #TrumpVsChina #GlobalEconomy #USChinaConflict #InvestorPanic
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Tensions are boiling over as top U.S. officials land in London for a high-stakes trade showdown with global consequences. U.S President Donald Trump announces urgent talks with U.K. leaders amid escalating clashes with China over semiconductors, student visas, and stalled rare earth exports. With $582 billion in U.S.-U.K. trade at risk, Beijing accuses Washington of betrayal and economic sabotage. As the world watches closely, will Trump's aggressive tactics strengthen Western alliancesâor backfire?
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Tensions escalated in the South China Sea after China warned the European Union to stop âprovoking troubleâ and stay out of its territorial disputes with the Philippines. The sharp rebuke followed EU foreign policy chief Kaja Kallas' visit to Manila, where she voiced concern over China's assertive actions. Beijing insisted the EU has no legal or diplomatic role in the matter, cautioning Manila not to rely on outside powers for resolution. The statement underscores China's hardened stance as geopolitical fault lines deepen in the contested maritime zone.
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The U.S.-China tariff conflict continues to escalate as China denies any plans for a phone call between President Xi Jinping and President Trump, contradicting White House claims. With trade tensions rising after Trumpâs global tariffs and accusations of China violating agreements, both nations remain locked in a standoff. While officials had agreed on a temporary tariff reduction, mistrust runs high as Trump threatens to double tariffs on steel and aluminum, further straining global trade relations and leaving the world watching closely for any direct leader-level contact.
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