Stocks plunge as China retaliates to Trump tariffs

Natalie Sherman

Business reporters, BBC News

Getty Images A bearded trader in a blue coat with an American floor looks at a computer terminal on the floor of the New York Stock Exchange (NYSE) on April 04, 2025 in New York City. Getty Images

Stock market turmoil deepened on Friday, as China hit back at tariffs announced by Donald Trump, raising the likelihood of an extended trade war and damage to the global economy.

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