Global stock markets tumble amid tariff war; Japan, China and India hit hard: 10 things to know

Global markets have experienced significant turmoil following President Trump's announcement of extensive tariffs and China's retaliatory 34% duties on US imports. Asian stock markets plummeted, evoking fears reminiscent of the 2008 financial crisis. Analysts estimate a $9 trillion loss in market value over two days.

Apr 6, 2025 - 21:30
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Global stock markets tumble amid tariff war; Japan, China and India hit hard: 10 things to know
Global markets have experienced significant turmoil following President Trump's announcement of extensive tariffs and China's retaliatory 34% duties on US imports. Asian stock markets plummeted, evoking fears reminiscent of the 2008 financial crisis. Analysts estimate a $9 trillion loss in market value over two days.

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