Black Monday bloodbath: As markets crash, what could be the endgame for Trump’s reciprocal tariffs | Business News
Written by Black Hot Fire Network on April 7, 2025
Warnings about a Black Monday crash are turning out to be prescient, with a global stock market bloodbath unfolding after the Dow Jones and S&P Futures fell sharply on Sunday in the wake of last week’s meltdown over US President Donald Trump’s tariffs.
On Monday, Tokyo’s Nikkei 225 index lost nearly 9 per cent shortly after the market opened while earlier in the day, trading in Japanese futures was suspended due to the market hitting circuit breakers. Hong Kong’s Hang Seng index was down 8 per cent in early trade.
