Brief by Shorts91 Newsdesk / 01:53pm on 07 Apr 2025,Monday International
Stock markets in Asia and Europe crashed on Monday after China responded to U.S. tariffs with its own trade measures. Analysts described the crash as “historic” and a “bloodbath,” comparing it to past market collapses. The drop reminded investors of the 2008 financial crisis, the 2020 pandemic crash, and the 1929 Great Depression. Major stock indexes fell sharply as panic spread. Experts say the market reaction was triggered by fears of an economic slowdown. Governments and central banks are now monitoring the situation closely to prevent further financial instability. (PC: NDTV)
