Global stocks sink in second day of market turmoil over Trump tariffs

全球股市在特朗普关税引发的第二日市场动荡中继续下跌

Newshour

新闻

2025-04-05

48 分钟
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A further plunge in global stock markets as China imposes retaliatory tariffs for President Trump's. The three main US indexes finished the day down more than 5%, in the worst two-day stretch for Wall Street since 2020. Also on the programme: The US Secretary of State Marco Rubio says the Trump administration will not accept foot-dragging by Russia on peace talks with Ukraine; we'll be in the South Korean capital Seoul where crowds cheered a court ruling confirming the impeachment of the president; and a US tourist arrested for entering a prohibited tribal area in India's Andaman islands. (Photo:A trader works on the floor at the Opening Bell of the New York Stock Exchange in New York, New York, USA, 04 April 2025. Credit: Justin Lane/EPA-EFE/REX/Shutterstock)
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  • Hello and welcome to News Hour from the BBC World Service, coming to you live from London.

  • I'm Julian Marshall.

  • The news has reported on Chinese state television that Beijing is levying an extra 34% on US imports from the 10th of April.

  • Beijing's announcement comes in retaliation for the 34% surcharge President Trump announced would be levied on Chinese imports in the United States.

  • The US exported $144 billion worth of goods to China last year.

  • They'll still face a lower average tariff than goods going the other way.

  • So will the tariffs change Chinese buying habits?

  • These shoppers in Shanghai were asked whether the tariffs meant they'd buy fewer American products.

  • I used to buy some American products, but if the price increases, I might buy less.

  • I bought some street fashion brands, direct from the US, maybe to Hong Kong, and then transferred into China.

  • Now, the price will be even higher.

  • It depends on the situation.

  • After all, right now many Chinese electronic products are quite impressive,