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.
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.
Разведка обнародовала данные о почти 200 деталях в шести типах российского оружия. В новых CRP-антеннах для дрона «герань-2» только два чипа США, большинство – из Китая.
Howard Lutnick stated that there will be no postponement of President Trump's customs tariffs. The US has a deficit, so the whole world is robbing them.
Donald Trump has said that he will not make a deal with China until the trade deficit issue is resolved. According to him, the trade deficit with China exceeds $1 trillion.
The foreign ministers of the G7 countries expressed concern about China's provocative actions around Taiwan. They called for peace and stability in the Taiwan Strait.
EU countries are planning to agree on countermeasures against tariffs imposed by Trump, amounting to up to $28 billion. This could lead to a global trade war and recession.
The White House said that the US did not include Russia in the list of countries with new tariffs due to negotiations with Moscow and Kyiv. Trump decided not to mix these issues.
China is stepping up its response to US tariffs by expanding the list of goods subject to tariffs and restricting mineral exports. Trump reacted to this deterioration of the situation.
Paul Chan said that Trump's tariffs crashed the US stock market. Hong Kong will not introduce countermeasures, but opposes US actions, maintaining a free and open economy.
According to the head of the US Treasury Department, customs fees can bring the country up to $600 billion per year. These funds will finance assistance to low-income Americans.
The Chinese Foreign Ministry called on the US to dialogue over Trump's new tariffs. China will also introduce a 34% tariff on imports of goods from the US in response to Trump's actions.
The deal for TikTok's American assets has been suspended as China does not approve it due to Trump's tariffs. Trump offered China a discount on duties in exchange for approving the sale.
The Israeli Prime Minister plans to meet with the US President to discuss the imposed tariffs and the Iranian nuclear program. Netanyahu will be the first foreign leader to discuss lifting tariffs with Trump.
Donald Trump announced the extension of TikTok's work for 75 days to conclude a deal. He hopes to cooperate with China on trade and national security issues.
According to Zelenskyy, the trade turnover between Ukraine and the USA is small, and the volume of arms supplies will not be affected. He added that Kyiv is working to improve conditions.
Donald Trump announced a conversation with the Secretary-General of the Communist Party of Vietnam, who expressed readiness to reduce duties to zero. Trump also mentioned US duties for other countries.
US Secretary of State acknowledged the collapse of markets after Trump's introduction of duties, but assured that business will adapt. He stressed the need to reboot world trade.
The European Union is preparing a large fine for the social network X for violating the law on combating disinformation. The fine may exceed $1 billion.
In March, global prices for oil and butter rose due to reduced production and high demand. The FAO Food Price Index exceeded last year's figure by 6.9%.
Exporters from China are paying almost 40% more for shipping goods to the US due to new Trump tariffs. The market is preparing for a "seismic shock" after the abolition of exemptions for small deliveries.
From April 10, China will introduce a 34% duty on imports of goods from the USA in response to the introduction of duties on Chinese goods by D. Trump. They will also strengthen control over the export of rare earth metals.
Secretary of State Rubio stated that the United States does not plan to annex Greenland, emphasizing respect for the self-determination of Greenlanders. He called on Denmark to focus on Greenland's desire for independence.
Trump's customs program may confuse global supply chains, which will complicate the production of weapons and international efforts to counter China. This will hit the arms industry and relations with allies.
Trump's tariffs on Chinese goods may force Apple to raise prices on the iPhone. The most expensive model may cost around $2300, which will lead to a drop in demand.
The US president insists that his new "reciprocal" tariff rollout is "going very well" despite the market downturn. He assures that the markets will recover and the pain will be short-lived.