European Stocks, Global Bonds Sell Off as Tariffs Bite
3 Articles
3 Articles
Trump Tariffs Escalate China Trade War, Pharma Levies Next
April 10, 2025 – The U.S.-China trade war reached a boiling point on April 9, 2025, as U.S. tariffs of 34% on Chinese goods took effect, prompting China to vow “forceful countermeasures” and sending global markets into a tailspin. Compounding the tension, President Donald Trump announced that new tariffs on pharmaceutical imports are imminent, raising fears of higher drug prices and supply chain disruptions. China’s commerce ministry labeled the…
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