The US stock markets fall down 5% with S&P500 and 1,600 below with Dow Jones; Trump says that ‘some pain’ is worth it. International trade news

Global stock market After China, after retaliating with a new tariff against America, drowned on Friday, one intense Trade war That investors are afraid that the world may be given a tip in the recession. Despite the report of a strong American jobs, panic sold Swept Wall Street and Europe, as investors have now seen as an economic repetition.
S&P 500 nose 5%in morning trading, on track for its worst day since the epidemic accident in 2020. Dow Jones Industrial Average declined by 1,656 points or 4.2%, while Tech-Havi Nasdac fell by 5.5%. Crude oil prices sank up to 2021 levels, and industrial metals, like copper, fell on concerns to slow down global growth.
After the announcement of China, China quickly made the sale-off that it would mix 34% tariff hike of President Donald Trump with its own 34% tariff on Chinese imports with his own 34% tariff on all American goods, which will be effective from April 10. Trump may make the tight-for-tat escalation feel “some pain” with his business strategy, a day after warning, compared to economic disintegration for surgery.
“For investors looking at his portfolio, the chief economist of Annex Wealth Management, Bryan Jacobsen, said, it can be felt that like an operation without anesthesia.”
The US Jobs report gave the massacre a brief stagnation. Employers added more jobs in March, expecting the American economy remains flexible. But analysts warned that the data is going to look backward and is very low to overcome further risks.
Rick Rider, Chief Investment Officer of Global Fixed Income in Blackrock, said, “The markets are now focusing on what comes next. It is no longer about how strong America was-it is about whether this business can face war-warred recession.”
The fastest disadvantage was among the American companies coming in contact with China. Dupont fell by about 17% after Chinese regulators started an anti -Trust investigation into their Chinese subsidiary. GE Healthcare, which receives 14% of its revenue from China, drowned 13.3%. United Airlines, a lot of dependent on the Asia-Pacific routes, fell 12.6%.
On his social media platform Truth Social, Trump rejected China’s move: “China played it wrongly, they got nervous – one thing they can’t do!”
Bond markets also turned red. The 10 -year Treasury yield slipped to 3.90% below 4.06% in the previous day, as investors bet that the Federal Reserve could be forced to cut interest rates.
But with an increase in tariff prices, the fed may withstand a tightly: low rates can reduce economic pressure, but can put inflation at risk, allowing American homes to be squeezed by rising costs.
Abroad, the loss was widespread. Germany’s DAX index fell 5.2%, CAC 40 of France lost 4.6%, and Nikkei of Japan shed 2.8%.
Both Vietnam and the European Union have indicated intentions to interact with the US, but for now, the world’s two largest economies are closed in the economic match – and the markets are afraid.