Tokyo, April 7, 2025 (AFP) - Market panic deepens as China retaliates against Trump tariffs

NAMPA / AFP

2025-04-07

Panic selling gripped global markets on Monday, as US President Donald Trump refused to budge on his swingeing tariffs despite China retaliating and global recession warnings growing louder. Countries across the world have been scrambling to blunt the edge of the new US tariffs, but Beijing signalled it was taking the levies head on, escalating the trade war between the world's two biggest economies. Trump doubled down on his demand to slash defi......

Restricted content

Business & Finance News

2025-04-09 20:30:54

New York, April 9, 2025 (AFP) - Delta to trim capacity in light of weakening travel demand

2025-04-09 20:30:47

Washington, April 9, 2025 (AFP) - US Treasury chief says China economic policies a 'problem' for world

2025-04-09 20:30:46

2025-04-09 20:30:37

Washington, April 9, 2025 (AFP) - Trump pauses tariffs for 90 days but hits China harder

2025-04-09 20:30:32

Milan, Italy, April 9, 2025 (AFP) - Italy halves 2025 growth forecast over tariff fears

2025-04-09 20:00:59

Paris, April 9, 2025 (AFP) - Will Trump kill globalisation?

2025-04-09 20:00:57

New York, April 9, 2025 (AFP) - US stocks surge as Trump suspends tariffs on countries except China

2025-04-09 20:00:55

Goma, DR Congo, April 9, 2025 (AFP) - DR Congo tin mine to resume operations after suspension

2025-04-09 19:31:41

2025-04-09 19:31:38

2025-04-09 19:31:36

Latest NAMPA photos

WINDHOEK, 09 April 2025 - Popular Democratic Movement Member of Parliament, Inna Hangari. (Photo: Contributed)

NAMPA

WINDHOEK, 09 April 2025 - International Relations and Trade Minister Selma Ashipala-Musavyi (Photo: Contributed)

NAMPA

KATENTURE, 08 April 2025 - Governor of the Kavango East Region, Julius Hambyuka accompanied by Mukwe Constituency Councillor Damian Maghambayi and staff members from his office visit the family who lost three children after they were struck by lightning. (Photo by: Sawi Hausiku) NAMPA

NAMPA

KEETMANSHOOP, 08 April 2025 - ǃNamiǂNûs Constituency councillor, Suzan Ndjaleka and Petrofund CEO Nillian Mulemi pictured with the students that benefitted from Petrofund scholarships. (Photo: Contributed)

NAMPA

WALVIS BAY, 08 April 2025 - Inspector General of the Namibian Police Lieutenant General Joseph Shikongo, Erongo Governor Neville Andre Itope, Erongo Police Commander Commissioner Nikolaus Kupembona, Swakop Uranium Mine Chief Executive Officer Lou Wei, Walvis Bay Mayor Trevino Forbes and Walvis Bay Urban Constituency Councillor Deriou Benson photographed during the handover of equipment to the Tutaleni Police Station by Swakop Uranium on Monday. (Photo by: Isabel Bento) NAMPA

NAMPA

WALVIS BAY, 11 March 2025 - Four of the five people accused of defrauding a businessman of N.dollars 29 million making their appearance in the Walvis Bay Magistrate's Court. (Photo by: Isabel Bento) NAMPA

NAMPA

ONGHALA, 08 April 2025 - Senior hydrologist in the agriculture ministry, Leonard Hango pictured during flooding monitoring on Tuesday. (Photo by: Maria David) NAMPA

NAMPA

KATIMA MULILO, 08 April 2023 - Unam Vice Chancellor, Professor Kenneth Matengu speaks at the graduation ceremony of students from the UNAM Katima Mulilo Campus on Tuesday. (Photo by: Michael Mutonga Liswaniso) NAMPA

NAMPA