Stock Markets Reel as Trump's Tariffs Spark Global Market Chaos

Global stock markets faced turmoil on April 7, 2025, following President Trump's sweeping tariffs, leading to Hong Kong's Hang Seng sinking 13.22%, marking its worst dip in 28 years. Other indices including Japan's Nikkei and Shanghai's Composite saw significant drops. As tensions rise with China, Trump defends tariffs as necessary for trade balance, while economists warn of potential economic fallout.