Global market turmoil continues as Trump threatens additional 50% tariffs on China

Global stocks continued to tumble for a third straight session on Monday, with Europe's main market indexes losing more than 4 percent for the day. Taking to social media, Donald Trump called for patience, saying "don't be stupid". In a separate post, the US president threatened to impose additional 50 percent tariffs on Chinese imports if Beijing didn't withdraw its retaliatory measures. We take a closer look.

Apr 8, 2025 - 10:00
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Global market turmoil continues as Trump threatens additional 50% tariffs on China
Global stocks continued to tumble for a third straight session on Monday, with Europe's main market indexes losing more than 4 percent for the day. Taking to social media, Donald Trump called for patience, saying "don't be stupid". In a separate post, the US president threatened to impose additional 50 percent tariffs on Chinese imports if Beijing didn't withdraw its retaliatory measures. We take a closer look.
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