The Japan Times<p>Global stock markets plummeted further Friday after China said it would strike back at U.S. President Donald Trump with additional tariffs of 34% on U.S. goods, escalating a trade war that has fed fears of a recession. <a href="https://www.japantimes.co.jp/business/2025/04/05/economy/trump-global-stocks-slump-tariffs/?utm_medium=Social&utm_source=mastodon" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">japantimes.co.jp/business/2025</span><span class="invisible">/04/05/economy/trump-global-stocks-slump-tariffs/?utm_medium=Social&utm_source=mastodon</span></a> <a href="https://mastodon.social/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://mastodon.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mastodon.social/tags/donaldtrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>donaldtrump</span></a> <a href="https://mastodon.social/tags/us" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>us</span></a> <a href="https://mastodon.social/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trade</span></a> <a href="https://mastodon.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://mastodon.social/tags/tradewar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tradewar</span></a> <a href="https://mastodon.social/tags/china" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>china</span></a> <a href="https://mastodon.social/tags/stocks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stocks</span></a></p>