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Global stock markets tumble amid tariff war; Japan, China and India hit hard: 10 things to know

IndiaTimes 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.
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Video Credit: Oneindia - Published
News video: 'Stop Trade Abuse': Trump's Catastrophic 50% Tariff Threat to Xi Jinping|US-China All Out Tariff War

'Stop Trade Abuse': Trump's Catastrophic 50% Tariff Threat to Xi Jinping|US-China All Out Tariff War 04:54

 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...

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