NEW YORK (AP) — Stock markets worldwide are careening even lower Friday after China matched President Donald Trump’s big raise in tariffs in an escalating trade war. Not even a better-than-expected report on the U.S.…
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Worst week for US stocks since Covid crash as China hits back on tariffs
The US president, who has vowed to remake the global trade order, dismissed concerns, noting the US jobs market is strong.
Market has spoken: China to US after Trump’s tariffs jolt global markets
As US President Donald Trump ramps up tariffs on Chinese goods, China fires back with equal retaliatory measures, asserting that “the market has spoken” amid global financial turmoil.
Exclusive: TikTok deal put on hold after China indicated it would reject deal over tariffs, say sources
A deal to spin off the U.S. assets of TikTok was put on hold after China indicated that it would not approve the deal following President Donald Trump’s reciprocal tariffs announcement, according to two sources…
China sales 34 peer cent retaliatory tariffs on US as trade war erupts
Donald Trump has accused China of “panicking” and “playing it wrong” after Beijing walloped the US with 34 per cent tariffs in retaliation.
Dow plunges 2,100 in a worsening global sell-off after China retaliates against Trump tariffs
The worldwide sell-off for financial markets is slamming into an even higher, scarier gear. The S&P 500 tumbled 5.7% Friday, the Dow Jones Industrial Average plunged 2,100 points and the Nasdaq …
Stock market shudders for second straight day as China strikes back against Trump tariffs
Overseas markets also slid Friday. In overnight trading in Asia, Tokyo’s Nikkei 225 lost 2.8%, while South Korea’s Kospi sank 0.9%. Markets in Shanghai, Taiwan, Hong Kong and Indonesia were closed for …
China’s retaliatory tariffs spark fresh turmoil in global financial markets
China’s retaliatory tariffs spark fresh turmoil in global financial markets – Fresh turmoil was sparked on Friday by China announcing it will impose a 34% tariff on imports of all US products.
‘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…
