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 …
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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…
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.