Business ,World ,Asia ,East Asia

Stocks, oil extend rout as China retaliates over Trump tariffs

On: April 4, 2025

In: Asia

LONDON: Equities and oil prices extended a global rout for markets on Friday ( Apr 4 ) after China hit back over President Donald Trump’s tariff blitz with its own mammoth levy on United States goods, inflaming global trade war fears. The money was steadier against major competitors having fallenContinue Reading

Stocks slump again after China fires back in trade war with tariffs on US goods

By: Jing Write

On: April 4, 2025

In: Asia

DIVISIONS AND MIXED Signs With German shares even tumbling to the biggest weekly loss in decades, the European Union’s business director, Maros Sefcovic, said he held a “frank” two-hour contact with US Secretary of Commerce Howard Lutnick and US Trade Representative Jamieson Greer. ” I was obvious: US tariffs areContinue Reading