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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President Donald Trump signed an executive order restoring the Presidential Fitness Test in schools, aiming to promote a healthier America. But the real surprise? WWE star and executive Triple H showed up, stealing the spotlight and leaving many wondering what he was doing at the White House. Fans and critics alike are buzzing over the unexpected presence of the wrestling icon at a major political event. Was this a publicity stunt or a genuine collaboration? Watch to find out!
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Congress leader Jairam Ramesh has strongly criticized the Centre's silence regarding US President Donald Trump's 25% tariff imposition on Indian exports. Ramesh.. IndiaTimes
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Trump declared that his tariffs are having a devastating impact on Chinaâs economy, claiming that factories are shutting down and cargo ships are "turning back." Speaking with visible satisfaction,..
U.S. Treasury Secretary Scott Bessent has admitted that the ongoing tariff war with China, sparked by President Donald Trump's massive 245% tariffs, is "unsustainable."..
U.S. Treasury Secretary Scott Bessent has admitted that the ongoing tariff war with China, sparked by President Donald Trump's massive 245% tariffs, is "unsustainable."..