The China Stock Market Today live chart was among the first casualty in Trump’s trade war. Bitcoin dipped as low as 8% overnight but is making a recovery in the early trading hours.
On Monday, the VIX shot past 60, a flashing red alarm for market turbulence not seen since last summer. It’s not the beginning of the end, but it could be the prelude to something messy.
China Stock Market Today Live Chart: What Does the VIX Index Spike Mean?
Trump’s hardball tariff posturing is rattling markets across the globe. Asia bore the brunt early, with Hong Kong plunging 12.6% and Japan’s Nikkei gutting nearly 8%. European indices didn’t fare much better, as Germany’s DAX tanked 9% and the FTSE bled out 5%. U.S. markets watched it unfold and then joined the rout.
Trump’s tariff blitz, including a sharp 34% hit on Chinese goods, sent the VIX soaring while Beijing fired back with reciprocal tariffs of their own. On CNBC, Qi Wang of UOB Kay Hian underscored the stakes.
“Chinese markets have taken a hit from Beijing’s retaliatory move on Trump’s tariffs…The market will trade on these reactions in the short term.”
It’s not just equities in freefall—oil’s taking a beating, too. Brent crude sank 3.3%, West Texas Intermediate bled 3.7%, and energy markets are staring down weak demand tied to slowing growth. Gold and bitcoin, usually the bunkers in bad times, followed suit, leaving nowhere to hide.
Expert Opinions on China Stock Market Today Live Chart
Amid the turmoil, some financial experts are predicting more pain ahead. Billionaire hedge fund manager Bill Ackman warned: “We are destroying confidence in our country as a trading partner and a place to invest capital.”
Meanwhile, Dilin Wu, a strategist at Pepperstone, noted: “The sell-off across Asian markets is a full-blown panic fueled by Washington’s tariff decision and Beijing’s response.”
Despite the widespread fear, Treasury Secretary Steve Mnuchin dismissed recession concerns, stating that the markets would eventually stabilize as the global economy adjusts to new trading conditions.
What if Trump’s Plan Actually Works?
If Trump had a master plan, it would have been buried somewhere under bluster and confusion. Commerce Secretary Howard Lutnik suggested that those “brought back” jobs would mostly go to automated robots in the interim. Turning factories stateside won’t magically fix everything or fill unemployment lines tomorrow.
If there is any plan, it’s a long-term one.
For now, the tariffs are the new normal, and globalism is over.
It’ll come back, but it” be reshaped in entirely different ways due to this tariff war. We’re slurping the dip and expecting that Trump will have to gigapump our bags eventually.
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Key Takeaways
- The China Stock Market Today live chart was among the first casualty in Trump’s trade war.
- Amid the turmoil, some financial experts are predicting more pain ahead. Billionaire hedge fund manager Bill Ackman warned.
- For now, the debate about cryptocurrency’s place in America’s financial future is just beginning.
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