US-China trade talks optimism fades, Trump plans to raise tariffs on all Chinese imports, stocks fall

From Barchart: 2025-04-08 17:52:00

In the stock market, optimism over US-China trade talks quickly faded as the Trump administration announced plans to raise tariffs on all Chinese imports, causing stocks to fall in the afternoon session. Investors are now facing uncertainty about economic policy, with fears of slower growth and higher inflation if the trade fight continues. Snap’s shares are down 35.5% this year, trading 57.7% below its 52-week high. Despite market volatility, Snap’s recent movements suggest that the news of the Fed keeping rates steady and hinting at two more cuts wasn’t a surprise, though growth projections were lowered and inflation outlook raised.



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