China assuages US firms as Chinese stocks suffer ‘panic selling’ in Trump Tariff aftermath

China assuages US firms as Chinese stocks suffer ‘panic selling’ in Trump Tariff aftermath

Amid the United States President Donald Trump’s imposing an additional 34 percent tariff on China, the latter on Monday accused the US of unilateralism, protectionism, and economic bullying with tariffs, reported Reuters. Speaking to reporters on China’s position, Chinese foreign ministry spokesperson Lin Jian told reporters, “Putting the US first over international rules is a…

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Donald Trump trade war with China: US expert Jim Cramer warns Trump tariffs could trigger worst crash since 1987 Black Monday

Donald Trump trade war with China: US expert Jim Cramer warns Trump tariffs could trigger worst crash since 1987 Black Monday

After Donald Trump’s trade tariffs rattled nations worldwide this week, American TV personality and market commentator Jim Cramer warned that Monday could witness the worst single-day drop since 1987’s “Black Monday,” when markets worldwide crashed, led by the US Dow Jones Industrial Average, which plunged 22.6 per cent. While hosting his show Mad Money on…

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