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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Ukrainian citizens view the Russian president's words to Donald Trump as a "stalling tactic," as Moscow's all-out war continues well into its fourth year.
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Credit: euronews (in English) Duration: 01:50Published
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U.S. President Donald Trump ignites a fresh global firestorm by imposing a 125% tariff on Chinese goods, triggering strong backlash from Beijing and raising alarms across global markets. Chinaâs Foreign and Commerce Ministries accuse Washington of violating multilateral trade norms and warn that the U.S. is "going against the whole world."As tensions escalate, voices from Shanghaiâs financial district to local neighborhoods weigh inâsome expressing fear, others confidence in Chinaâs resilience.
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In a shocking twist, Chinese citizens in Shanghai are heaping praise on former U.S. President Donald Trump after he imposed a staggering 125% tariff on Chinese goods. While Beijing warns of economic retaliation and accuses Washington of violating global trade rules, locals appear to admire Trumpâs boldness, calling him a "hero" who âstirs the potâ like no other.
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