Markets react negatively to escalating trade war with China

From Yahoo Finance: 2025-04-09 00:34:00

Investors brace for impact as escalating trade war triggers stock market rout. President Trump’s new tariffs on Chinese goods spark fears of recession, disrupting global trade. Hope for negotiations fades as Washington and Beijing head towards a showdown. Asian markets plummet, European futures indicate lower open. Yen and Swiss franc surge as currencies like Indonesian rupiah and yuan weaken. U.S. Treasuries yield spikes despite recession risk and interest rate cuts. ING economists warn of rising recession risk and urge caution. Stay informed with daily news digest on top market-moving headlines.



Read more at Yahoo Finance: Markets cower as 104% tariffs on China begin