Washington, April 7, 2025 (AFP) - Market panic deepens as Trump scolds China

NAMPA / AFP

2025-04-07

US President Donald Trump lashed out at China on Monday as a stock market rout deepened after Beijing retaliated against his global tariffs offensive. European equities were deep in the red but Asia fared worse, with Hong Kong's Hang Seng index crashing 13.2 percent, its biggest drop since the 1997 Asian financial crisis, and Tokyo's Nikkei 225 falling an eye-watering 7.8 percent. A 10-percent "baseline" tariff on imports from around the world to......

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