Trade War Escalates: US-China Tariff Tussle Sends Markets Tumbling
Global Markets React with Panic as Tariffs Threaten Economic Stability.
The global financial landscape is reeling as escalating tensions between the United States and China send shockwaves through the market. Following Donald Trump's announcement of reciprocal tariffs, major US stock indices suffered significant losses yesterday. Today, China retaliated, imposing a 34% tariff on US imports, fueling fears of a global economic downturn. This action triggered a dramatic sell-off, with Dow Jones futures plummeting.
According to CNBC reports, Dow Jones Industrial Average futures plunged by 1,146 points, or 2.7% today. This suggests the Dow Jones Industrial Average is poised to experience a significant drop of approximately 1,000 points when regular trading commences.
Other Versions
La guerra comercial se recrudece: La pugna arancelaria entre EE.UU. y China hace caer los mercados
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