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Global Markets Plunge as U.S.-China Trade War Intensifies

Asian stock markets suffer steep losses, oil prices hit four-year lows, and fears of a global recession deepen following reciprocal 34% tariffs.

Un homme passe devant un tableau de cotations boursières dans une société de courtage à Tokyo, Japon, le 7 avril 2025.
Vendredi, le CAC 40 a connu sa pire séance depuis trois ans lâchant 4,26%%, le portant à 7 274 points.
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Overview

  • Asian markets opened sharply lower on Monday, with the Nikkei down 6.47% and the Hang Seng falling 9.5%, reflecting escalating trade tensions.
  • The U.S. and China have imposed reciprocal 34% tariffs, disrupting global trade and supply chains and heightening economic uncertainty.
  • The U.S. stock market erased $6 trillion in market capitalization over two days, and further declines are expected this week.
  • Oil prices have dropped below $60 per barrel for the first time since 2021, driven by fears of reduced global demand and recession risks.
  • Analysts warn the trade war signals a systemic shift in the global economic order, dismantling established rules and increasing financial instability.