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.
Tagged By financials
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…
Tech, Bank Stocks Bear the Brunt as China Retaliates to Trump Tariffs
GE Healthcare’s stock slid 6.9% premarket, leading the losses in shares of medical equipment makers, after China also announced export controls on a rare-earth metal that is used in MRI scans. Shares …
Sell-off worsens worldwide and Dow drops 1,000 after China retaliates against Trump’ tariffs
Stock markets worldwide are careening even lower after China matched President Donald Trump’s big raise in tariffs in an escalating trade war.
China’s retaliatory tariffs for US amid trade war with Donald Trump trigger fears of Bitcoin ‘crisis scenario’
Bitcoin values rapidly plummeted after China announced a 34 per cent tariff on every US product, amplifying the trade war with President Donald Trump. Analysts additionally caution that with ongoing …
Trump’s Trade War Escalates as China Retaliates With 34% Tariffs
The Chinese government said it would match President Trump’s tariff, and also barred a group of American companies from doing business in China.
China hits back at US tariffs with rare earth export controls
China placed some rare earth elements under export restrictions on Friday as part of its response to President Donald Trump’s tariff package, potentially cutting the U.S. off from critical minerals …
World trade war looms as China strikes all US imports with 34 percent tariff
China will hit all U.S. imports with a 34 percent tariff from April 10 as retaliation against measures President Donald Trump levied earlier this week, Beijing’s finance ministry announced Friday.
China retaliates against Trump’s trade war with 34% tariff U.S. imports
BEIJING — China announced Friday that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following U.S. President Donald Trump’s …
China says to slap extra 34% tariffs on US imports
China said on Friday it would slap 34 percent tariffs on all imports of US goods from April 10 after Washington imposed steep new levies on Chinese products.
‘Bullying practice’: China retaliates against Trump with 34% tariff on US goods
The Trump administration imposed a 10% minimum tariff on all imports coming into the country and even higher tariffs on other top trading partners.
China hits back at Trump with 34pc tariffs
China hits back with 34 per cent tariff on all US imports after Trump’s duties, escalating tensions between world’s largest economies.
Gold gains as China’s retaliatory tariffs against US re-ignites safe-haven flows
Gold gained on Friday after reaching a record high in the previous session, as investors turned to the safe-haven asset amid heightened global trade conflict following China’s retaliation with new …
