04:27 (02:27)โขGlobal Markets Lose Trillions As China Hits Back With 34% Tariffs
โจThe newspapers extensively report on the global market crash following Trump's tariffs and China's retaliatory 34% duties (Adnkronos, ANSA, Corriere, Il Giornale, Il Sole 24 Ore, La Repubblica, La Stampa, Sky TG24). Wall Street suffered its worst plunge since COVID, losing $5.2 trillion in two sessions with major indices falling over 5% (ANSA, Corriere, Il Sole 24 Ore, La Stampa, Sky TG24). European markets fared worse, with Milan plummeting 6.53% and erasing all 2025 gains (ANSA, Il Giornale, Il Sole 24 Ore, La Stampa). Prime Minister Meloni is reportedly concerned about polling numbers and seeking an early Washington visit amid the trade war (La Repubblica).