{
}
President Trump paused tariffs on numerous countries, aiming to negotiate better trade deals while intensifying pressure on China, where tariffs were raised to 125%. This decision led to a surge in global stock markets, despite ongoing trade tensions and fears of recession. Treasury Secretary Bessent indicated that the strategy was designed to leverage negotiations effectively.
President Trump paused tariffs on most nations for 90 days while increasing taxes on Chinese imports to 125%, aiming to focus the trade conflict on China amid global market turmoil. The S&P 500 surged nearly 7% following the announcement, reflecting market relief over potential negotiations. However, economic forecasters warn that simultaneous shocks to consumer sentiment and corporate confidence could lead the U.S. into recession.
[Source: Bloomberg]
Treasury Secretary Scott Bessent stated that ongoing trade negotiations are not linked to the recent stock market drop, emphasizing that international interest drives these talks. Following President Trump's tariff announcements, over 70 countries sought discussions, indicating a shift towards negotiation rather than market reaction. Historical patterns show that initial market shocks from tariffs often lead to optimism as negotiations progress, with significant trading volumes reflecting the evolving impact of trade policy on market volatility.
[Source]
Japanese Prime Minister Ishiba Shigeru is set to nominate Economy Minister Akazawa Ryosei as the lead negotiator for trade talks with the U.S., following a recent agreement with President Trump to discuss tariffs. Akazawa expressed uncertainty about the nomination, while U.S. Treasury Secretary Scott Bessent's involvement has raised concerns about potential pressure on Japan to weaken the yen to facilitate U.S. exports. The Bank of Japan's interest rate policies may also be influenced by these developments as they aim to achieve a stable inflation target.
US Treasury Secretary Scott Bessent attributed the recent stock market decline to the emergence of Chinese AI firm DeepSeek, rather than President Trump's economic policies. He noted that DeepSeek's launch earlier this year led to a significant drop in Nvidia shares, contributing to a nearly US$600 billion loss in market value. Following this, US stocks fell about 10% amid inflation concerns and a potential economic slowdown.
President Trump has announced a significant increase in tariffs, introducing a baseline 10% on imports and higher rates for specific countries, including a 54% total increase on China. This move is expected to slow global growth, with potential legal challenges and lobbying efforts from businesses. The economic impact may lead to reduced US growth forecasts and increased volatility in equity markets, while the Federal Reserve may respond with rate cuts.
President Trump has announced new tariffs, including a 10% increase on all countries and specific measures against key trading partners like China and the EU, prompting threats of retaliation and negotiations. Analysts predict economic slowdowns and potential escalation, with the EU preparing countermeasures and the U.S. effective tariff rate expected to rise significantly. The situation remains fluid, with the possibility of further tariff increases if retaliatory actions occur.
President Trump announced new tariffs starting April 5, imposing at least 10% on all imports, with higher rates for countries deemed unfair, including 20% for the EU and 46% for Vietnam. This move raises concerns about supply chain disruptions and potential retaliations, while the US's manufacturing capacity limits its ability to replace imports, likely leading to price shocks. Investors are advised to focus on diversification and remain cautious as markets adjust to this significant shift in global trade dynamics.
Scott Bessent
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Trump pauses tariffs to negotiate with global partners amid trade tensions
Euro
Chinese Yuan
United States Dollar
Amazon.com, Inc.
Ing. A. Dielissen Bouwkundig werk
The Goldman Sachs Group, Inc.
CHN
AUS
KOR
JPN
MYS
USA
VNM
Donald Trump
Scott Bessent
Richard Marles
Show more
07:20 10.04.2025
trump pauses tariffs on most nations while increasing taxes on china imports
United States Dollar
Delta Air Lines, Inc.
JPN
CHN
USA
VNM
KOR
John Canavan
Donald Trump
Joe Brusuelas
Scott Bessent
Gennadiy Goldberg
Ed Bastian
Show more
21:40 09.04.2025
Trump open to negotiations with China amid escalating trade tensions
Chinese Yuan
United States Dollar
Apple Inc.
End Federal Reserve USD
TWN
CHN
ITA
KOR
CAN
JPN
MEX
BRA
USA
Donald Trump
Scott Bessent
Show more
04:40 09.04.2025
us treasury chief says trade talks not linked to market decline
03:19 09.04.2025
Trump administration considers tax credit to support exporters facing tariffs
09:50 08.04.2025
Japan appoints economy minister to lead trade talks with the US
Japanese Yen
United States Dollar
Mizuho Securities Co. Ltd.
Bank of Japan
JPN
USA
Katsunobu Katō
Donald Trump
Shigeru Ishiba
Ryosei Akazawa
Jamieson Greer
Scott Bessent
Yasunari Ueno
Show more
06:24 08.04.2025
us treasury chief links market decline to chinese ai firm deepseek
05:10 06.04.2025
us tariffs spark economic uncertainty and market volatility as growth slows
Japanese Yen
United States Dollar
Euro
Toyota Motor Corp
Apple Inc.
MEX
CAN
JPN
CHE
USA
Scott Bessent
Donald Trump
Ursula von der Leyen
Show more
15:47 03.04.2025
Trump announces new tariffs prompting global trade tensions and potential negotiations
Euro
United States Dollar
The Goldman Sachs Group, Inc.
Deutsche Bank Money Market PP
IND
GBR
JPN
CHN
USA
Scott Bessent
Donald Trump
Ursula von der Leyen
Mark Haefele
Jim Reidy
Eleanor Pringle
Keir Starmer
Filippo Taddei
Show more
15:44 03.04.2025
us tariffs spark global trade uncertainty and market volatility
United States Dollar
Barclays PLC
MEX
CAN
GBR
CHN
VNM
USA
Jerome Powell
Scott Bessent
Donald Trump
Show more
15:17 03.04.2025
Trending
Subcategory
Corporate News
Industry Trends
Startups & Entrepreneurship
Global Trade Developments
Retail and Consumer Goods
Supply Chain Management
Stock Market Updates
Private Equity Deals
Government Economic Policies
Industry Mergers & Acquisitions
Fintech Startups
Energy Sector Developments
AI Applications
Funding Rounds & Investments
Venture Capital Investments
AI Innovations
Emerging Startups
Commodities
CEO Changes
Inflation and Monetary Impact
Countries:
Companies:
Apple Inc.
Google Inc.
Tesmec S.p.A.
Amazon.com, Inc.
Microsoft Corporation
Mastercard Inc
NVIDIA Corp
Tesla, Inc.
OpenAI ERC USD
The Goldman Sachs Group, Inc.
Visa Inc.
SWIGGY LIMITED
GLOE Inc.
Mistral 1
S&P 500
Ripple USD USD
NAURA Technology Group Co., Ltd.
OLA ELECTRIC MOBILITY LTD
Microsoft Corp
Micron Technology, Inc.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
United Arab Emirates Dirham
British Pound Sterling
Saudi Riyal
New Zealand Dollar
Qatari Riyal
Thai Baht
Vietnamese Đồng
Canadian Dollar
Indonesian Rupiah
South Korean Won
Malaysian Ringgit
Brazilian Real
Swiss Franc
Bangladeshi Taka
Kuwaiti Dinar
People: