{"id":59127,"date":"2025-04-07T04:44:12","date_gmt":"2025-04-07T04:44:12","guid":{"rendered":"https:\/\/deshmediabd.com\/?p=59127"},"modified":"2025-04-07T04:44:12","modified_gmt":"2025-04-07T04:44:12","slug":"market-panic-deepens-as-world-scrambles-to-temper-trump-tariffs","status":"publish","type":"post","link":"https:\/\/deshnews24.info\/?p=59127","title":{"rendered":"Market panic deepens as world scrambles to temper Trump tariffs"},"content":{"rendered":"<p>Asian markets took a huge plunge Monday as US futures pointed to significant losses on Wall Street over Donald Trump&#8217;s punishing tariffs, even as countries sought compromise with the defiant president.<\/p>\n<p>Trump denied Sunday he was intentionally engineering a selloff and insisted he could not foresee market reactions, saying he would not make a deal with other countries unless trade deficits were solved.<\/p>\n<p>&#8220;Sometimes you have to take medicine to fix something,&#8221; he said of the market pain that has seen trillions of dollars wiped off the value of US companies since the beginning of his tariff rampage.<\/p>\n<p>Speaking to reporters aboard Air Force One, he added that he had sought to resolve the issue with world leaders over the weekend, claiming &#8220;they&#8217;re dying to make a deal.&#8221;<\/p>\n<p>China retaliated against the United States on Friday, announcing it would impose tit-for-tat tariffs of 34 percent on all US goods from April 10 after Asian markets closed last week.<\/p>\n<p>With the trade war escalating, stocks in Asia took a heavy hammering when trading resumed.<\/p>\n<p>In early trade on Monday in Japan the Nikkei 225 was off an eye-watering 6.5 percent, while stocks in Taiwan were down almost 10 percent and in Singapore 8.5 percent.<a href=\"https:\/\/www.bssnews.net\/news\/260742\">\u09ac\u09bf\u09b8\u09cd\u09a4\u09be\u09b0\u09bf\u09a4<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asian markets took a huge plunge Monday as US futures pointed to significant losses on Wall Street over Donald Trump&#8217;s punishing tariffs, even as countries sought compromise with the defiant president. Trump denied Sunday he was intentionally engineering a selloff and insisted he could not foresee market reactions, saying he would not make a deal [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":59128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,14],"tags":[],"class_list":["post-59127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-4","category-14"],"_links":{"self":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/59127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59127"}],"version-history":[{"count":1,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/59127\/revisions"}],"predecessor-version":[{"id":59129,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/59127\/revisions\/59129"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/media\/59128"}],"wp:attachment":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}