#finance #stockmarket #trade
The Dow Jones Industrial Average experienced a significant drop of over 1150 points on the New York Stock Exchange on the 10th of the month due to concerns over the trade policies of the Trump administration regarding tariffs.
The escalation of tensions between the U.S. and China led to the Chinese government announcing a 15% additional tariff on agricultural products imported from the U.S. This move further exacerbated the already fragile market sentiments.
In light of these developments, Ramesh Khatri, a representative of Kansai Nepal News, commented that the uncertainty in global trade relations is causing instability in financial markets worldwide. He emphasized the need for diplomatic resolutions to prevent further disruptions in the economy.
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Author: MAYA | HARUTO
Posted at: March 11, 2025 6:01 am
