Global markets, Wall Street continue to slide after China slaps retaliatory tariffs on imports
- Global markets continued to decline as Wall Street faced significant losses.
- China announced a 34% tariff on all U.S. Imports starting April 10, 2025, in retaliation to U.S. Tariffs imposed under President Donald Trump's new policy.
- Shares of companies like Deere & Co. And Boeing dropped significantly as investors reacted to these tariffs.
- UBS stated that these tariffs could reduce U.S. Economic growth by 2 percentage points and raise inflation close to 5% this year.
342 Articles
342 Articles
Economist Steve Moore Blames China For Market Turmoil, Calls Retaliatory Tariffs An 'Economic Declaration Of War'
Economist Steve Moore blamed China for Friday’s steep market losses, calling Beijing the “real villain” behind the sell-off and accusing it of launching what he described as an “economic declaration of war” against the United States. Appearing on Jesse Watters Primetime on Fox News, Moore said the second consecutive day of sharp market declines — […] Economist Steve Moore Blames China For Market Turmoil, Calls Retaliatory Tariffs An ‘Economic De…
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%.
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