'A policy mistake of gigantic proportions': Markets and experts react as China hits back at Trump's trade tariffs

$50bn target

Tom Eckett
clock • 4 min read

China's retaliation to the tariffs imposed by the US sent shockwaves through global markets on Wednesday, with industry commentators baffled at the economic "illiteracy" of US President Donald Trump and his administration.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Unchanged interest rate the 'calm before the storm' as uncertainty and volatility rise

Unchanged interest rate the 'calm before the storm' as uncertainty and volatility rise

Rates held at 3.75%

Patrick Brusnahan
clock 30 April 2026 • 2 min read
ECB opts to hold rates at 2%

ECB opts to hold rates at 2%

Eurozone inflation spikes

Linus Uhlig
clock 30 April 2026 • 2 min read
Fed firmly in 'wait-and-see mode' as it keeps rates on hold

Fed firmly in 'wait-and-see mode' as it keeps rates on hold

Jerome Powell's final meeting as chair

Linus Uhlig
clock 30 April 2026 • 2 min read
Trustpilot