US EditionGlobal markets, Wall Street continue to slide after China slaps retaliatory tariffs on imports
- President Donald Trump's reciprocal tariffs caused global stock markets to decline sharply, with the Dow Jones experiencing its worst drop since 2020 at nearly 4%.
- China announced it will impose a 34% tariff on all U.S. Imports starting April 10, amplifying fears of inflation and recession.
- Canadian Prime Minister Mark Carney stated that Canada will introduce 25% tariffs on U.S. Vehicles, citing significant impacts on both economies.
- Investment strategies shifted as analysts warned of severe global auto industry impacts due to these tariffs, with predictions of price hikes and supply chain disruptions.
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European and US markets continue to drop after Trump's global tariffs
Global markets continue to experience sharp decline after Trump announced blanket tariffs on US imports of products from more than 180 countries and territories, ranging in severity from 10% to more than 50%.
·France
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Markets plunge as trade war escalates
Over the past two days, more than $5 trillion of wealth has been erased from the U.S. stock market as investors react to the tariffs announced by President Trump. China’s retaliatory move today sent markets sliding. NBC News’ Christine Romans reports.
·United States
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Total News Sources326
Leaning Left54Leaning Right41Center95Last UpdatedBias Distribution50% Center
Bias Distribution
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50% Center
L 28%
C 50%
R 22%
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