Asian stock markets took a nosedive this week, mirroring global panic as U.S.-led protectionist policies rattle investors. Futures in the U.S. also slumped, signaling fears of a recession and a world economy caught in the crossfire. 🌪️
Global Backlash: Tariffs Spark Outcry
U.S. tariffs, described by European Commission President Ursula von der Leyen as a trigger for 'uncertainty spirals,' drew sharp criticism worldwide. French President Emmanuel Macron branded the move 'brutal and unfounded,' urging European unity against what he called an 'economic wildfire.' 🔥
Poll Shows Strong Support for Multilateral Action
A CGTN survey revealed 87.7% of respondents believe nations must unite to counter U.S. unilateralism. Over 86% backed retaliatory measures, with China leading the charge by slashing tariffs on U.S. goods by 34%. 📊 'No one’s safe from U.S. bullying,' said one analyst. 'It’s like a supervillain move—except the whole planet pays.'
What’s Next?
With markets in freefall, the question isn’t if countries will act—but how fast. 'Multilateralism is the antidote,' argued a financial expert. 'Either we band together or watch the economy burn.' Stay tuned for updates as tensions escalate. 💡⚖️
