Overview
- Asian and European stock markets experienced significant losses on April 7, 2025, with indices like Germany's DAX falling 7.86% and France's CAC 40 dropping 6.19%.
- The downturn follows Donald Trump's announcement of steep tariffs on imports from the EU, Switzerland, and the UK, with rates as high as 31%.
- China has implemented retaliatory measures, further destabilizing global markets and intensifying fears of a prolonged economic impact.
- Analysts warn of parallels to the 1987 'Black Monday' crash, describing the situation as 'historic' and a 'bloodbath' for investors.
- The U.S. administration reportedly views market instability as a negotiating tool in trade discussions, showing no signs of altering its tariff strategy.