Markets in Freefall: Trump Doubles Down on Trade War as Global Economy Trembles

Oneindia 2025-04-08

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Global financial markets are in freefall after the U.S. administration’s sweeping tariff announcement sparked a chain reaction of panic selling. Wall Street witnessed a historic two-day bloodbath, erasing $6.6 trillion in market value. China responded swiftly with a 34% retaliatory tariff, triggering a 10% crash in its own markets—the worst since 2008. Asia-Pacific markets nosedived, with Japan’s Nikkei plunging nearly 9% and Vietnam suffering significant declines under a 46% U.S. tariff. Europe wasn’t spared either, as the STOXX 600 and major regional indices tumbled across the board.

#GlobalCrash #WallStreet #TariffWar #ChinaTariffs #TrumpEconomy #RecessionFears #StockMarketPlunge
#USChina #TradeWar #Nikkei #DowJones #EconomicCrisis #GlobalMarkets #MarketMeltdown #TariffCrisis

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