Global markets are reeling after President Trump’s tariff announcement and China’s subsequent retaliatory duties on US imports. Asian stock markets have plummeted, sparking fears akin to the 2008 financial crisis. Analysts predict a staggering $9 trillion loss in market value over just two days. The turmoil has sent shockwaves through the global economy, with investors and businesses closely monitoring the situation for further developments. The impact of these tariffs is being felt worldwide, with concerns about potential trade wars and their implications on various industries. This unprecedented move has prompted uncertainty and volatility in the financial markets, with experts warning of potential long-term consequences. Stay tuned for updates on this evolving situation that is reshaping the global economic landscape.