Russia benefited from buying up gold before the war, which allowed it to compensate for a third of its frozen reserves. The value of gold reserves increased by 72%, or $96 billion, since 2022.
The Russian ballistic strike on Kryvyi Rih claimed the lives of nine children, the highest number of child victims since 2022. Ukraine initiated an urgent meeting of the UN Security Council to respond.
Mercedes-Benz sales fell by 7% in the first quarter of 2024, due to a 21% decrease in van sales. Electric vehicle sales fell by 14%.
Trump stated that if China does not abolish the 34% duty by April 8, the United States will introduce an additional 50% duty from April 9. Negotiations with China will be terminated.
Ursula von der Leyen stated that the EU aims to expand business with other countries due to US tariffs. A working group is also being created to monitor dumping in EU markets.
Due to Trump's policies, tourists are canceling trips to the United States. Canada, Australia, Europe are changing travel directions due to the deterioration of humanitarian policy.
The media reported that Trump plans to suspend tariffs for all countries except China. However, the White House called this message a fake and denied this information.
Audi has stopped exporting cars to the USA in response to Trump's new tariffs. The company wants to sell shares that are already in the USA.
Expert talks between Russia, China and Iran on Iran's nuclear program will take place in Moscow. The trilateral meeting will discuss aspects related to the nuclear issue.
Ursula von der Leyen stated that the EU has proposed zero tariffs on industrial goods to the United States and is ready for countermeasures. Vietnam also wants to reduce tariffs for the United States to zero.
Robert Habeck said Elon Musk's comments on zero tariffs are a sign of fear. He called on Musk to demand that Trump end the trade war.
Ukraine initiated an urgent OSCE meeting due to Russia's ballistic strike on Kryvyi Rih. The attack killed 20 people, including 9 children, and injured 33.
Due to Trump's tariffs and the trade war, the situation in the markets is deteriorating. US stocks are falling, and Asian markets are suffering from their worst week since the pandemic.
Investment bank Goldman Sachs raised the probability of a recession in the US to 45% due to the escalation of Trump's "trade war". Other banks have also worsened their forecasts due to fears of inflation and retaliatory measures.
Dmitry Peskov stated that Putin supports a ceasefire in Ukraine. However, according to him, there are questions about Kyiv's control over extremist units and plans for militarization.
The UK government plans to close hundreds of state institutions to reform the state apparatus and reduce costs. The reforms will not affect those quangos that oversee the work of the government.
The price of Russian Urals oil has decreased due to the strengthening of sanctions. According to the head of the Center for Countering Disinformation of the National Security and Defense Council, the critical price will be an indicator of 40 dollars per barrel.
On April 7, Tesla shares fell 10% to $214. 80, below Howard Lutnick's forecast. Overall, shares have fallen 50% from their December high due to Elon Musk's political controversies.
China is tightening control over the export of rare earth metals in response to US tariffs, which could affect global supplies. The restrictions apply to seven types of metals.
A WSJ poll revealed a split in Americans' views on aid to Ukraine. 79% of Republicans are against financial support, while 83% of Democrats are in favor.
The Taiwanese stock market experienced the largest single-day drop in history due to investors' concerns about Trump's duties. TSMC, Foxconn and MediaTek were most affected.
US stock index futures and Asian stocks fell sharply after Trump announced he would maintain large-scale tariffs. The fall occurred amid fears of a global economic recession.
The Finnish Minister of Defense called on NATO to have a clear action plan in case of the withdrawal of US troops from Europe, in order to avoid a window of opportunity for Russian aggression. He emphasized coordination with EU initiatives.
Chinese leadership is considering stimulating consumption, birth rates, and export subsidies due to US tariffs. A stabilization fund to support the stock market is being discussed.
Poor countries fear that wealthy nations will not support a shipping decarbonization agreement that includes funding for climate action. China, Brazil and Saudi Arabia oppose the tax.
Nintendo has delayed pre-orders for the Switch 2 in the US due to uncertainty over Trump's tariffs. The company's shares fell by 10%, despite the planned release of the console on June 5.
The head of the Central Bank of Greece, Yannis Stournaras, said that the trade war will have an impact on Europe's economic growth. Tariffs may lead to a decrease in inflation below the ECB's targets.
WTI oil prices fell due to escalating trade tensions between the US and China, raising fears of recession and falling demand. OPEC+ accelerated production increases.
Petro Kotin stated that the withdrawal of Russian troops and demining are necessary for the safe restart of the Zaporizhzhia NPP.
Bitcoin fell by 8% due to Trump's tariffs, losing almost all profits after the election. Ethereum, XRP, and Solana also suffered significant losses, and global markets crashed.