Channel 4 News
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US stocks slump as China retaliates against Trump tariffs
Posted
April 4, 2025
Views
233,209
Likes
2,559
Comments
1,350
Engagement
1.68%
April 4, 2025
233,209
2,559
1,350
1.68%
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14:06Now PlayingIt's called “bear market territory” - when shares close at least 20% down on their most recent high and that's where America is, two days after Donald Trump announced his sweeping tariffs.
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As stocks tumbled further into the red - so did the price of oil.
China was the first to respond, slapping another retaliatory tariff on US goods from next week.
While other countries are still trying to negotiate.
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