{"id":919787,"date":"2025-04-05T11:01:06","date_gmt":"2025-04-05T05:31:06","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=919787"},"modified":"2025-04-05T11:01:06","modified_gmt":"2025-04-05T05:31:06","slug":"tech-bank-stocks-tumble-as-chinas-retaliation-stokes-fears-of-widening-trade-war","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/04\/05\/tech-bank-stocks-tumble-as-chinas-retaliation-stokes-fears-of-widening-trade-war\/","title":{"rendered":"Tech, bank stocks tumble as Chinas retaliation stokes fears of widening trade war"},"content":{"rendered":"<p>-U.S. tech heavyweights, banks and oil majors fell sharply on Friday after China retaliated to Trump&#8217;s tariffs with steep duties, amplifying worries of a global economic downturn.<\/p>\n<p>China slapped additional duties of 34% on U.S. goods, set to go into effect April 10. It also announced curbs on exports of some rare-earths and added several U.S. firms to its export control list and the &#8220;unreliable entities&#8221; list, which allows Beijing to take punitive action.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>-U.S. tech heavyweights, banks and oil majors fell sharply on Friday after China retaliated to Trump&#8217;s tariffs with steep duties, amplifying worries of a global economic downturn. China slapped additional duties of 34% on U.S. goods, set to go into effect April 10. It also announced curbs on exports of some rare-earths and added several U.S. firms to its export control list and the &#8220;unreliable entities&#8221; list, which allows Beijing to take punitive action.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-919787","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/919787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=919787"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/919787\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=919787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=919787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=919787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}