Main content
Sorry, this episode is not currently available

US stock markets plunge into worst week since 2020 as trade war continues

China retaliates on Trumps global trade war with 34% tariff on all US imports.

US stock markets faced their worst week since 2020, with major indexes dropping over 5% amid rising tensions from Trump’s trade war. His 10% tariffs have now affected the UK and other nations, causing global declines. China retaliates with a 34% tax on all goods imported from the US.

Also in the programme: We hear from a doctor near Mandalay, Myanmar, after the 7.7 magnitude earthquake that killed over 3,000 people.

Joining presenter Julian Worricker are Anna Matveeva, a senior visiting research fellow at the Russia Institute of King's College London and Andrea Sella, professor of chemistry at University College London.

(Picture: Trader on the floor of the New York Stock Exchange in New York, USA, on 04 April 2025. Photo by JUSTIN LANE/EPA-EFE/REX/Shutterstock )

50 minutes

Last on

Sat 5 Apr 2025 05:06GMT

Broadcast

  • Sat 5 Apr 2025 05:06GMT