Investors flee U.S. assets but Chinese markets shrug off Trump’s 145% tariff as trade war begins

Quick Summary:

An escalating tit-for-tat retaliation between the U.S.and China could wipe out all bilateral trade between the the world's two largest economies.

Japan’s Nikkei 225 index led declines among major Asia-Pacific markets, falling by almost 3% on Friday.

A falling currency and bond market is never a good sign," Kyle Rodda, senior financial markets analyst at Capital.com, told Reuters.

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Article Details

Author / Journalist: Nicholas Gordon, Jim Edwards

Category: EconomyBusiness

Markets: United StatesChinaJapan

Topics: Taiwan Featured Editor's Picks Hong Kong Tariffs and trade Donald Trump South Korea

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 10:13:58 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 719 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 180 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27786656

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Official Website: fortune.com

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