US markets tumble as President Trump says China 'played it wrong' in tariffs retaliation | BBC News

Teona Gherasim

The US markets have tumbled down after China hit back against President Donald Trump’s raft of tariffs. China - which faces a 54% import tax - said it would retaliate with an additional 34% tax on American goods from 10 April, prompting a further fall in European markets. Indexes in the UK, Germany and France have all dropped down by more than 3%. Asian markets also dropped earlier. Meanwhile, writing on his Truth Social account, the US president said “China played it wrong, they panicked,”

Tag-uri: Donald Trump

China to impose tariffs of 34% on all US goods from Apr 10 https://www.channelnewsasia.com/ - 04.04.2025 15:30

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China to impose tariffs of 34% on all US goods from Apr 10 https://www.channelnewsasia.com/ - 04.04.2025 15:30