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The man checks his phone next to the electronic board, showing shares on the Hen Saint Index in Hong Kong on April 3, 2025.
Peter Parks | AFP | Gets the image
The Chinese Foreign Ministry said on Saturday that the market spoken after the introduction of new tariffs in the United States and called on the White House to discharge an escalation trading war through a “equal foot consultation”.
American stock markets fell sharply The second day in a row on Friday, with all three indexes drops more than 5% as part of a Global section.
The Stock Market Air Fundaire deteriorated on Friday when China’s Finance Ministry in China announced This will impose 34% tariff on all goods imported from the US since April 10.
Beijing’s reaction has increased the investor’s fears over inflation, recession and global growth risks.
“The market has expressed,” China’s press secretary – Note In a Facebook message on Saturday morning.
By the way with the image of the US stock market decline, Gu said that “the trade and tariff war started against the world is not intended and unreasonable.”
He urged the White House to solve differences with trading partners through “consultations with a flat foot”.
The White House press secretary was not immediately available for comments when CNBC appealed.
Trump on Wednesday announced far -reaching new leishers within the framework of the “mutual tariff” policy, including 10% of tariffs for virtually every country and much more duties for many.
US president target China with 34% of additional mutual tariffs, which led to total tariffs in the US against the second largest economy in the world to 54%.
On Friday, Trump was a dissatisfied market reaction market to his tariff check, posing on social truth that “big business” does not worry at the tariffs and that his “politics will never change.”
– RUXANDRA IDACE in this report submitted this report.
