Stock Markets Fall as Trump Considers New China tariffs
NEW YORK – October 10, 2025, 14:37 EDT – U.S. stock markets experienced sharp declines today following reports that former President Donald Trump is considering new tariffs on Chinese imports. The downturn was particularly pronounced in the technology sector, which maintains considerable production and sales connections to China.Concurrently, U.S. crude oil prices decreased as investors anticipate potential impacts on global demand stemming from escalating trade tensions.
The proposed tariffs signal a renewed hardening of the U.S. stance toward China, raising concerns about a potential trade war that could disrupt global supply chains and economic growth. Art Hogan, chief market strategist at B. Riley Wealth, stated that technology companies bore the brunt of the sell-off due to their meaningful financial ties to the worldS second-largest economy. This development underscores a clear deterioration in U.S.-China relations, with implications for businesses and investors worldwide.
Recent reports indicate the potential for a ban on Chinese airlines flying over Russia, further complicating the geopolitical landscape. The combination of thes factors has created uncertainty in the market, prompting investors to reduce risk exposure. The situation remains fluid, with the ultimate impact dependent on the specifics of any new tariffs and the response from Beijing.
