Global stock markets tumble amid tariff war; Japan, China and India hit hard: 10 things to know
Monday, 7 April 2025 () Global markets have experienced significant turmoil following President Trump's announcement of extensive tariffs and China's retaliatory 34% duties on US imports. Asian stock markets plummeted, evoking fears reminiscent of the 2008 financial crisis. Analysts estimate a $9 trillion loss in market value over two days.
In this live update, President Donald Trump escalates tensions with China by threatening an additional 50% tariff on Chinese imports if the country doesn't stop its long-term trade abuses. With global stock markets already reeling, Trump's aggressive stance on tariffs could have serious repercussions...
President Donald Trump has officially declared war on Amazon and its founder Jeff Bezos after the company reportedly planned to display the consumer cost impact of U.S. tariffs — a move the White..
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..
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..
Asian markets rebounded on Tuesday following a global sell-off triggered by escalating US-China trade war fears. Japan's Nikkei 225 surged, while Australian... IndiaTimes
Indian stock markets rebounded strongly after a long weekend. The NSE Nifty 50 index rose significantly in Mumbai. India has recovered losses from US tariffs. It... IndiaTimes