INSUBCONTINENT EXCLUSIVE:
China imposed a 34% tariff on all U.S
Global equity markets plunged as fears of prolonged economic disruption spread
Analysts at JP Morgan raised recession probabilities to 60%, citing unchecked escalation risks.Global Markets Reel as China Escalates Trade
Conflict with Sweeping Tariffs, Export Controls
Foreign Ministry spokesperson Guo Jiakun urged dialogue but vowed to protect Chinese interests
sector crisis and deflation
Markets now brace for supply chain disruptions, particularly in tech and energy sectors reliant on Chinese materials.The IMF warns prolonged
tensions could slash global GDP growth by 0.7% by 2026, with manufacturing-heavy economies most exposed