The drop follows European markets slumping further after China hit back at US import taxes with an additional 34% tariff.
Monthly Archives For April 2025
China retaliation on US farm goods hits soybeans, bolstering Brazil
China’s retaliation on Friday against new U.S. tariffs is poised to accelerate Beijing’s move towards alternative suppliers for agricultural goods including Brazil, a shift that began during the trade war of U.
What does the U.S. export to China? Here’s what could be hit by tariffs.
Here’s what to know about the products the U.S. exports to China and how they might be affected by the latest escalation.
Oil plunges to lowest since pandemic; natural gas, soy slump as China retaliates
Oil prices plunged on Friday to the lowest level since 2021 and commodities including natural gas and soybeans also dived as China retaliated against U.S. President Donald Trump’s aggressive tariffs.
Stone Tools Discovered in China Resemble Neanderthal Technology Used in Europe, Creating a Middle Stone Age Mystery
Archaeologists previously assumed that East Asia did not see considerable tool development during the Middle Paleolithic, but new findings might change that widely held idea …
‘China played it wrong, they panicked’: Donald Trump reacts to Beijing’s retaliatory tariff amid escalating trade war
US President Donald Trump criticized China’s decision to impose a 34% tariff on all US imports, claiming China ‘panicked’ in response to his recent tr …
China Retaliates With 34% Tariff On All US Imports, Urges Trump To Immediately Cancel The Tariffs, Calls For Negotiation
China’s finance ministry has announced a 34% tariff on all goods imported from the U.S., effective from April 10. This decision comes as a response to the U.S. administration’s earlier imposed duties.
Trade war escalates as China hits back with 34% tariffs on all U.S. goods
Analysts say the escalating trade tensions between the U.S and China will make a near-term deal to end the trade war “highly unlikely”.
Tech, bank stocks tumble as China’s retaliation stokes fears of widening trade war
U.S. tech heavyweights, banks and oil majors fell sharply on Friday after China retaliated to Trump’s tariffs with steep duties, amplifying worries of a global economic downturn.
Oil tumbles nearly 8% as China retaliates with tariffs on U.S
Oil prices plunged nearly 8% on Friday, heading for their lowest close since the middle of the pandemic in 2021, as China ramped up tariffs on U.S. goods in the most serious escalation in a…
China May Force Major Automakers To Merge
China’s auto industry is massive, fast-moving, and at times nearly impossible to follow without a flowchart and a magnifying glass. Even major Western players like Toyota and Volkswagen, both deeply …
Stock Market Meltdown Continues As China Retaliates To Trump Tariffs
As Donald Trump’s tariffs showed increasing signs of escalating a trade war with China and perhaps several other nations, U.S. stock markets fell sharply for a second straight day. The Dow Jones …
China hits back hard in global trade war with tariffs on US goods
By Trevor Hunnicutt, Mei Mei Chu and Susan Heavey PALM BEACH, Florida/BEIJING/WASHINGTON (Reuters) -China announced additional tariffs of 34% on U.S. goods on Friday, the most serious escalation in a trade war with President Donald…