Hong Kong, April 7, 2025 (AFP) - Stocks savaged as China retaliation to Trump tariffs fans trade war

NAMPA / AFP
2025-04-07
Asian and European equities collapsed on a black Monday for markets after China hammered the United States with its own hefty tariffs, ramping up a trade war many fear could spark a recession. Trading floors were overcome by a wave of selling as investors fled to the hills, with Hong Kong's loss of 13 percent its worst in nearly three decades, while Frankfurt dived 10 percent, Taipei 9.7 percent and Tokyo almost eight percent. Futures for Wall St......
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WINDHOEK, 10 April 2025 - Prime Minister Tjitunga Elijah Ngurare (centre) during a staff meeting on Thursday in Windhoek. (Photo: Contributed) NAMPA

WINDHOEK, 10 April 2025 - Prime Minister Tjitunga Elijah Ngurare (centre) during a staff meeting on Thursday in Windhoek. (Photo: Contributed) NAMPA

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SWAKOPMUND, 10 April 2025 - Deputy Minister of Industries, Mines and Energy Gaudentia Cröhne (centre), Erongo Governor Neville Andre Itope (second from the right), SAPP Executive Director Stephen Dihwa photographed with SAPP Exco members from 12 SADC countries at the opening of the exco meeting at Swakopmund on Thursday. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 10 April 2025 - Deputy Minister of Industries, Mines and Energy Gaudentia Cröhne (centre), Erongo Governor Neville Andre Itope (second from the right), SAPP Executive Director Stephen Dihwa photographed with SAPP Exco members from 12 SADC countries at the opening of the exco meeting at Swakopmund on Thursday. (Photo by: Isabel Bento) NAMPA

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RUNDU, 10 April 2025 - Vice chancellor of the University of Namibia, Professor Kenneth Matengu (second from left) flanked by Chancellor of the University of Namibia Nangolo Mbumba and Minister of Gender and Child Welfare Emma Kantema. (Photo by: Sawi Hausiku) NAMPA

RUNDU, 10 April 2025 - Vice chancellor of the University of Namibia, Professor Kenneth Matengu (second from left) flanked by Chancellor of the University of Namibia Nangolo Mbumba and Minister of Gender and Child Welfare Emma Kantema. (Photo by: Sawi Hausiku) NAMPA

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HOACHANAS, 10 April 2025 (NAMPA) - A damaged and blocked sewerage manhole in the Hoachanas settlement. (Photo: Contributed) NAMPA

HOACHANAS, 10 April 2025 (NAMPA) - A damaged and blocked sewerage manhole in the Hoachanas settlement. (Photo: Contributed) NAMPA

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HOACHANAS, 10 April 2025 (NAMPA) - A damaged and blocked sewerage manhole in the Hoachanas settlement. (Photo: Contributed) NAMPA

HOACHANAS, 10 April 2025 (NAMPA) - A damaged and blocked sewerage manhole in the Hoachanas settlement. (Photo: Contributed) NAMPA

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HOACHANAS, 10 April 2025 (NAMPA) - A damaged and blocked sewerage manhole in the Hoachanas settlement. (Photo: Contributed) NAMPA

HOACHANAS, 10 April 2025 (NAMPA) - A damaged and blocked sewerage manhole in the Hoachanas settlement. (Photo: Contributed) NAMPA

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WINDHOEK, 10 April 2025 - Rape accused, Arrie Jors in the Windhoek High Court. (Photo by: Eba Kandovazu) NAMPA

WINDHOEK, 10 April 2025 - Rape accused, Arrie Jors in the Windhoek High Court. (Photo by: Eba Kandovazu) NAMPA

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WINDHOEK, 10 April - Rape accused, Dirk von Weidts in the Windhoek High Court. (Photo by: Eba Kandovazu) NAMPA

WINDHOEK, 10 April - Rape accused, Dirk von Weidts in the Windhoek High Court. (Photo by: Eba Kandovazu) NAMPA

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