Global stocks and US futures plunge as Trump tariffs reverberate across the world
- Global stocks and U.S. Futures fell sharply, with S&P 500 futures down 3.9% and Nasdaq futures down 4.8%, amid fears of a U.S. Recession as tariffs were implemented.
- China stated that 'the markets had spoken' regarding their retaliation against U.S. Tariffs, leading to further market losses globally.
- Analysts are questioning whether the trade war will lead to a global recession, indicating significant economic uncertainty ahead.
- China's retaliation against U.S. Tariffs led to further declines in international markets, highlighting the impact of the escalating trade war.
376 Articles
376 Articles
Global Markets Plunge as Trump Doubles Down on U.S. Tariffs
BANGKOK — Shares nosedived around the world Monday as higher U.S. tariffs and a backlash from Beijing triggered massive sell-offs. European shares followed Asian markets lower, with Germany’s DAX falling 6.5% to 19,311.29. In Paris, the CAC 40 shed 5.9% to 6,844.96, while Britain’s FTSE 100 lost 5% to 7,652.73. [time-brightcove not-tgx=”true”] U.S. futures signaled further weakness ahead. The future for the S&P 500 lost 3.4% while that for the D…
Asia Stock Markets Plummet Following Trump Tariffs
Major stock markets across Asia plummeted on Monday, compounding a global financial crisis triggered by U.S. President Donald Trump’s tariff hikes. The most significant drop has been in Hong Kong, where the Hang Seng Index ended 13.22% down, the largest drop since the 1997 Asian financial crisis. The TAIEX index in Taipei has suffered its […]
Asian Markets Plunge on Monday Amid Escalating US-China Trade Conflict
Asian stock markets faced a sharp sell-off on Monday, April 7, 2025, as trade tensions between the United States and China escalated. U.S. President Donald Trump’s new tariffs, effective since April 5, triggered widespread panic among investors. The Nikkei 225 in Tokyo fell 7.68%, forcing a temporary trading halt after an initial drop of over […]
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