Content pfp
Content
@
0 reply
20 recasts
20 reactions

BayBo pfp
BayBo
@baybo28
​Global stock markets are currently experiencing a period of strong volatility due to escalating trade tensions between the United States and China. On April 2, 2025, President Donald Trump announced a 104% tariff on imports from China, leading to retaliatory measures from China and other countries. This has caused a significant decline in global financial markets.​ The Dow Jones Industrial Average fell more than 2,200 points in a single day, marking its biggest one-day drop since 2020. The S&P 500 Index also fell 6%, while the Nasdaq Composite Index fell 5.8%, sending both indexes into bear market territory. In Asia, Japan's Nikkei Index fell nearly 8%, triggering a temporary trading halt. In Europe, markets were similarly pressured by concerns about the impact of the trade war on the global economy.
0 reply
1 recast
3 reactions