1 reply
0 recast
2 reactions
On April 11, 2025, China raised import tariffs on U.S. goods from 84% to 125% in retaliation for President Donald Trump’s decision to increase tariffs on Chinese goods to 145%.
The trade tensions have triggered volatility in global financial markets. The Dow Jones, S&P 500, and Nasdaq all saw slight declines, while Japan's Nikkei 225 dropped 3% for the week.
Meanwhile, European leaders, including French President Emmanuel Macron, have called for preparations for further trade measures and described the current situation as "90 days of uncertainty."
Additionally, gold prices surged to record highs, reflecting investors' concerns over geopolitical risks and economic instability.
The escalating trade war between the world’s two largest economies is raising fears of negative impacts on global supply chains and international economic growth.
https://x.com/truonggiangle99/status/1910628017527021795 0 reply
0 recast
0 reaction
