Trump threatens China with a 50% tariff if it doesn’t withdraw its counter-tariff, escalating global trade tensions.
![Trump threatens China with a 50% tariff if it doesn’t withdraw its counter-tariff, escalating global trade tensions. [Image via Politico]](http://southasiatimes.org/wp-content/uploads/2025/04/download-8-320x179.webp)
![Global stocks plunge as new tariffs by Trump spark fears of inflation, stalled growth, and global trade tensions. [Image via BBC]](http://southasiatimes.org/wp-content/uploads/2025/04/p0l29v8r-320x179.webp)
Global Stocks Plunge as Trump Imposes Historic Trade Tariffs, China & EU Vow Retaliation
Global stocks plunge as new tariffs by Trump spark fears of inflation, stalled growth, and global trade tensions.