Markets fall on trade war fears after US, China tariffs

Hong Kong (AFP) Mar 4, 2025

Markets fell in volatile trade Tuesday on fears of a trade war after China announced fresh tariffs on US imports in retaliation for President Donald Trump's latest levies. China said it would impose levies of 10 and 15 percent on a range of US agricultural imports in response to Trump's tariffs. The US president signed an executive order to increase a previously imposed 10 percent tariff