Global Markets Hit Hard by U.S.-China Tariff Clash on April 4, 2025 April 4, 2025, saw sharp declines in global stocks, commodities, and crypto as U.S.-China trade tensions escalated. Bonds rallied amid risk aversion. On Friday, April 4, 2025, global financial markets plunged as U.S. President Donald Trump announced new tariffs, prompting swift retaliatory action […]