US EditionStocks volatile, oil plunges as trade war cranks higher
- Global markets tumbled on Tuesday, April 8, 2025, as trade tensions escalated between the U.S. And China.
- President Trump's announcement of new tariffs on Chinese goods prompted retaliatory measures from Beijing.
- The U.S. Imposed a 50% tariff, bringing the total to 104%, and China increased duties on U.S. Products by 34%.
- Citi analysts lowered China's GDP forecast to 4.2%, citing 'little scope for a deal' after escalations; Zhou stated, 'uncertainty for the economy is rising'.
- Analysts warned of recession risks and increased consumer prices, while China vowed countermeasures, signaling a potential trade war.
101 Articles
101 Articles
The math of the losses or why a 12% drop in the stock market is not recovered with 12%
Since U.S. President Donald Trump broke the seams of world trade a week ago, the stock exchanges have been in everyone’s mouth. Nothing strange, because when geopolitical shocks happen, the financial economy is always the first to react. ‘Volatility’ has been the dominant term these days, marked by steep climbs and descents that danced to the rhythm of Trump’s booming commercial diplomacy. ‘Ibex collapses by 4%’, ‘Hong Kong’s Hang Seng loses 12%…
Oil Returns to Losses as Market Concerns Over Trade War Persist
(Bloomberg) — Oil extended a volatile run as investors grappled with abrupt shifts in US tariff policy, with futures returning to losses after a brief relief rally ignited by President Donald Trump’s decision to pause some levies.
Tech Stocks Rebound As US Treasuries Tumble, Gold Eyes Best Gain In Over 2 Years: What's Driving Markets Wednesday? - Apple (NASDAQ:AAPL)
Wall Street saw a tentative tech rebound early Wednesday, as investors begin to shrug off escalating U.S.-China trade tensions following a steep market selloff. After the Trump administration announced a dramatic hike in tariffs on Chinese goods to 104% starting Wednesday, Beijing retaliated with an 84% tariff on American products. U.S. Treasury Secretary Scott Bessent defended the aggressive trade stance, claiming the impact would ultimately ba…
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