Stock markets slip on America, China economic fear

The stock markets slipped on Monday (March 10, 2025) as investors influenced the impact of President Donald Trump’s trade policy on the economic development of the United States and China, the world’s largest economies.

Wall Street’s three main indexes opened in red, with Tech-Havi Nasdaq 2%fall, Mr. Trump himself refused to dismiss the risk of American recession.

Also read Self-infectated injury: Trump tariff and US economy

“I hated to predict such things,” he told a Fox News interviewer on Sunday when asked directly about a possible recession in 2025.

He said, “It is a period of infection because what we are doing is very big – we are bringing money back to America,” he said, “It takes some time.”

Mr. Trump’s again, again tariff hazards against Canada, Mexico, China and others have left the US financial markets in turmoil and consumers are uncertain what the year can bring.

“Regarding the impact of Trump’s tariff, the money and the head of the market at Hargrevs Lansdowne, hanging in the financial markets at the beginning of the week.”

He said, “The possibility of a recession in the US is dull, with consumer confidence fall, business complexity and investors are more nervous,” he said.

London, Paris and Frankfurt Stock Markets were all low in the afternoon deals, colliding with German shares that the next Chancellors of the country could struggle to move forward through a large -scale spending scheme.

David Morison, senior market analyst of Financial Services Firm Trade Nation, said, “The sense of risk is sour because investors react to President Trump’s various tariff declarations and as the US Economic Outlook has introduced a cloud.”

Mr. Morrison said, “The President is taking a scatter-gun view in terms of targets, while teasing markets over the last minutes, delay or softening the scope.

German spending scheme

The European Union said on Monday that the Trump administration did not want to make a deal that could escape the tariff against the 27-nation block.

Some American agricultural commodities were implemented on the vertical duties of Beijing on Monday, when Chinese products were killed with 20 percent of American tariffs.

Kathleen Brooks, the research director of the XTB Trading Platform, said that investors were also reacting to the news that Germany’s Chancellor-in-Vetting, Frederick Mars, may face opposition to a large scale spending scheme promoting markets last week.

The Green Party of Germany said on Monday that it would not give necessary votes for the constitutional changes proposed by Merz.

These partially raise the limit of spending in defense and set up a 500 billion-eugenic ($ 540 billion) infrastructure funds.

“It is reported that the Chancellor of Germany may not soon have independent governance on Berlin’s purse strings, now limited the euro,” said Ms. Brook.

Traders also reacted to China’s weekend figures, showing that consumer prices fell 0.7% in February, the first decline in 13 months.

In SPI Asset Management, Stephen Inse said, “Data only confirms what is clear for the months – the pressure of deflation is strongly entangled in the world’s second largest economy.”

Hong Kong and Shanghai stock markets collapsed, while Tokyo Higher ended.

Major data around 1335 GMT

New York – Dow: 0.9% at 42,417.69 points

New York – S&P 500: 1.4% at 5,689.63

New York – NASDAQ: 2.1% at 17,813.25

London – FTSE 100: 0.6% at 8,624.09

Paris – CAC 40: 8,108.21 below 0.2%

Frankfurt – Dax: 1.1% at 22,762.85

Tokyo – 0.4% (off) at Nikkei 225: 37,028.27

Hong Kong – Hang Seng Index: 1.9% (off) at 23,783.49

Shanghai – Composite: 0.2% at 3,366.16 (off)

Euro/Dollar: Dollar down on Friday to $ 1.0844 to $ 1.0841

Pound/Dollar: $ 1.2935 to $ 1.2925

Dollar/Yen: 147.97 Yen to 147.02 Yen

Euro/Pound: 83.87 down on 83.80 Pence

Brent North Sea Crude: Flat $ 70.33 per barrel

West Texas Intermediate: 0.1% at $ 67.09 per barrel