US markets tumble as President Trump says China 'played it wrong' in tariffs retaliation | BBC News

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US markets tumble as President Trump says China 'played it wrong' in tariffs retaliation | BBC News The US markets have tumbled down after China hit back against President Donald Trump’s raft of tariffs. China - which faces a 54% import tax - said it would retaliate with an additional 34% tax on American goods from 10 April, prompting a further fall in European markets. Indexes in the UK, Germany and France have all dropped down by more than 3%. Asian markets also dropped earlier. Meanwhile, writing on his Truth Social account, the US president said “China played it wrong, they panicked,” adding that his policies would “never change”. Subscribe here: For more news, analysis and features visit: www.bbc.com/news #Tariffs #China #BBCNews
  2025/04/04      youtube

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