{"id":1293149,"date":"2025-04-06T10:17:04","date_gmt":"2025-04-06T04:47:04","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1293149"},"modified":"2025-04-06T10:17:38","modified_gmt":"2025-04-06T04:47:38","slug":"after-us-stock-market-loses-5-trillion-in-7-days-china-says-the-market-has-spoken","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/after-us-stock-market-loses-5-trillion-in-7-days-china-says-the-market-has-spoken\/","title":{"rendered":"After US Stock Market Loses $5 Trillion In 7 Days, China Says, “the market has spoken”"},"content":{"rendered":"\n

Following sweeping new US tariffs, China\u2019s Foreign Ministry declared that “the market has spoken,” referencing the massive sell-off in US markets. Beijing announced a 34 percent tariff on all US imports starting April 10, intensifying the already heated trade war. The sharp response further fueled investor fears across the globe.<\/p>\n\n\n\n

\"After<\/figure>\n\n\n\n

US Stock Markets in Freefall<\/strong><\/p>\n\n\n\n

On Friday, all three major US indexes plunged over 5 percent<\/a>, triggering a global market rout. The collapse came after President Trump introduced far-reaching new tariffs targeting multiple nations, with China facing the steepest increase. In total, US tariffs on Chinese goods now stand at 54 percent, driven by the so-called \u201creciprocal tariff\u201d policy.<\/p>\n\n\n\n

China Labels Tariff War Unjustified<\/strong><\/p>\n\n\n\n

Guo Jiakun, a spokesperson for China\u2019s Foreign Ministry, posted on Facebook that the US-led tariff war is \u201cunprovoked and unjustified.\u201d <\/a>Sharing an image of the plunging US market, he reiterated Beijing\u2019s call for resolving disputes through respectful dialogue and mutual consultation. China maintains that escalating tensions will only harm global economic growth.<\/p>\n\n\n\n

Beijing Urges Dialogue, White House Silent<\/strong><\/p>\n\n\n\n

While China openly appealed for diplomatic resolution, the US administration remained silent. A White House spokesperson did not respond to media inquiries. Meanwhile, President Trump dismissed the stock market decline, asserting on Truth Social that big businesses were not concerned and that his trade stance would not change.<\/p>\n\n\n\n

Global Markets Brace for More Uncertainty<\/strong><\/p>\n\n\n\n

With tensions peaking, markets around the world are bracing for more volatility. Investors fear that the deepening tariff war could trigger inflationary pressures and recession risks. As both economic giants dig in, hopes now hinge on whether cooler heads will prevail and initiate meaningful talks to prevent further global fallout.<\/p>\n\n\n\n

Image Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Following sweeping new US tariffs, China\u2019s Foreign Ministry declared that “the market has spoken,” referencing the massive sell-off in US markets. Beijing announced a 34 percent tariff on all US imports starting April 10, intensifying the already heated trade war. The sharp response further fueled investor fears across the globe. US Stock Markets in Freefall […]<\/p>\n","protected":false},"author":30,"featured_media":1293160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[324,7497,7391,7496],"class_list":["post-1293149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-china","tag-meltdowm","tag-tariff-war","tag-us-market"],"acf":[],"yoast_head":"\nAfter US Stock Market Loses $5 Trillion In 7 Days, China Says, "the market has spoken" - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/after-us-stock-market-loses-5-trillion-in-7-days-china-says-the-market-has-spoken\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"After US Stock Market Loses $5 Trillion In 7 Days, China Says, "the market has spoken" - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"Following sweeping new US tariffs, China\u2019s Foreign Ministry declared that “the market has spoken,” referencing the massive sell-off in US markets. 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