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The Latest Breaking News on Trump's Tariff Pause Made All These Businessmen Even Richer

Trump's Tariff Pause Made All These Businessmen Even Richer

Trump's 9 April 2025 tariff pause sent stocks soaring, enriching tycoons like Musk, Bezos, and Zuckerberg. See who won big and what's next for the rest.

International Business Times UK

Investors flee U.S. assets but Chinese markets shrug off Trump's 145% tariff as trade war begins

The tit-for-tat retaliation between the U.S. and China could wipe out all bilateral trade between the the world's two largest economies.

Fortune

Inside the bond market’s $800 billion ‘murder mystery’

One of Trump’s head economists said the spike in yields added “urgency” to the decision to pause the president’s reciprocal tariffs.

Fortune

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S&P Futures Gain With Focus on Key U.S. PPI Data and Big Bank Earnings, China Retaliates Again

June S&P 500 E-Mini futures (ESM25) are trending up +0.69% this morning as investors await crucial U.S. producer inflation data and earnings reports from some of the biggest U.S. banks.

Barchart

S&P Futures Slip as U.S.-China Trade War Heats Up, PPI Data and Big Bank Earnings on Tap

June S&P 500 E-Mini futures (ESM25) are trending down -0.29% this morning as the trade war between the world’s two largest economies continues to escalate, while investors await crucial U.S. producer inflation data and earnings reports from some of the biggest U.S. banks.

Barchart

Nigel Farage compares turmoil of Donald Trump’s tariffs to market chaos caused by Liz Truss

Nigel Farage has compared Donald Trump with Liz Truss as he increasingly distances himself from the US president’s policies

The Independent UK

Gold price surges to fresh all-time high as Trump trade war rattles markets

Analysts said the spike reflects investors searching for so-called ‘safe haven’ assets.

The Independent UK

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Ministers focused on US trade deal, despite signal tariffs will go no lower

Kevin Hassett, a senior economic adviser to Donald Trump, suggested the blanket 10% tariff rate most countries now face was likely to be a ‘baseline’.

Evening Standard

European stocks spiral after China hits back against Trump’s tariffs

Concerns about an escalating trade war between the US and China still remain after the latter retaliated against steep US tariffs.

Euronews

Nigel Farage compares Donald Trump to Liz Truss and won't say if he's 'chump or champ' on tariffs trade war

The Reform UK leader believes both Trump and Truss did ‘too much too soon’

Evening Standard

Trump’s economic adviser dampens Starmer’s hopes of tariffs relief

It would take an ‘extraordinary deal’ for any country to improve on 10% rate, says Kevin Hassett

The Guardian - UK

FTSE 100 Live 11 April: Index lower as trade war escalates, dollar at 3-year low

An uplift from forecast-beating UK GDP figures quickly faded today after Beijing announced higher tariffs in a deepening of the US-China trade war.

Evening Standard

How Trump’s tariffs could impact upcoming big US bank earnings

The US earnings season begins on Friday, with major banks reporting their first-quarter results before the market opens. Despite expectations for solid quarterly performances, analysts anticipate conservative guidance due to tariff-related uncertainties.

Euronews

Euro soars to 3-year high as investors flee US assets over tariff woes

The euro surged to a three-year high against the US dollar amid tariff-driven market volatility, as investors offloaded US assets and sought safety in haven currencies. Despite renewed sell-offs on Wall Street, European stock markets are poised to open higher.

Euronews

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The Guardian - UK

The big lesson for Europe? Trump backed down under pressure

The EU neither ‘kissed ass’ nor unleashed its most powerful trade weapon. Now it must provide the world with an alternative to US chaos

AAP

Aussie shares lower as uncertainty trumps confidence

The Australian share market has finished the week down after a tariff delay wasn't enough to offset worries over an escalating US-China trade war.

Evening Standard

UK would need ‘extraordinary’ deal to go below 10% tariff, Trump adviser says

Sir Keir Starmer’s Government still hopes an economic deal with America can be reached.

People

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