BBC World Service - Newshour, Trump tariffs: Stocks plunge again as China hits back

The United States and China, the world’s two largest economies, have engaged in a trade war of uncertain outcome. Following Donald Trump’s imposition of 34% tariffs on imports from the Asian giant, Beijing has responded with the same currency, announcing tariffs with that percentage to US products as of April 1. The mourning between these two economic titans threatens to have global repercussions. These are some of the most prominent figures in …

Global trade war intensifies as China hits back at Trump tariffs

FTSE 100 suffers worst losses since Covid-19 as Starmer weighs British response to fees on imports

Unlike the recent increases in US tariffs, the Chinese government is reacting with full rigour this time. The trade dispute is turning into a trade war.

BBC World Service - Newshour, Trump tariffs: Stocks plunge again as China hits back

China announces further retaliatory tariffs on imports from the United States, bringing the world closer to an all-out trade war. Also on the programme: South Korea's president has his impeachment upheld, and we hear from Tanzania on the benefits of the Chagga people's diet. (Image: U.S. President Donald Trump gestures as he boards Air Force One to travel to Palm Beach International Airport, at Miami International Airport on 3 April 2025. Credi…

Stocks fell sharply on Friday as U.S. tariffs and China's retaliation hit a global recession. Analysts are warning that the measures could lead to a global recession. U.S. companies such as Apple have suffered heavy losses, while trade tensions continue to weigh on global economies. Stock market uncertainty rose on Friday after China responded to U.S. President Donald Trump's tariffs, raising the risk of a wider trade war that could hurt the glo…

After China's retaliation, Trump says his policy will not change; textile industry association speaks of risks for the clothing sector The post Tariff war: Stock markets plummet, WTO sees drop in trade and Fed, higher inflation appeared first on Monitor Mercantil.