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The Latest Breaking News on World bracing for market turmoil after US hits China with 104% tariffs in midnight ultimatum

World bracing for market turmoil after US hits China with 104% tariffs in midnight ultimatum

China vows to ‘fight to the end’ in trade war, accusing Trump of ‘blackmail’ and ‘economic bullying’

The Independent UK

Stocks Tumble as US-China Trade War Set to Escalate

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.84%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.95%. June E-mini S&P futures (ESM25 ) are down -1.58%, and June E-mini Nasdaq futures...

Barchart

Dow Loses Hundreds of Points in Minutes as Trump Advisor Proclaims Tariffs Will 'Force China to Come to the Table'

The Dow Jones Industrial Average lost hundreds of points while Trump administration Homeland Security Advisor Stephen Miller was actively on air during a televised interview where he stated that the implementation of tariffs would force cooperation from other countries.

Latin Times

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Trade Official Declares Trump Is Standing Strong on Tariffs Despite Recession Concerns: 'The President Is Fixed in His Purpose'

Democratic Sen. Margaret Hassan called Trump's tariffs "reckless" and "haphazard"

Latin Times

Former Treasury Secretary Says Families Will Lose At Least $5,000 As a Result of Trump's Tariffs

Former Treasury Secretary Larry Summers said the U.S. will likely enter a recession and lose 2 million additional jobs as a result of Trump's tariffs

Latin Times

Fox Business mocks Peter Navarro’s ‘reciprocal trade-girl math’ and urges Trump to sideline him

‘The quicker that they get him off of TV and away from numbers, the better,” Dagen McDowell declared this week

The Independent UK

Dollar Weakens as US Threatens Retaliatory Tariffs on China

The dollar index (DXY00 ) Tuesday fell by -0.40%. The dollar was under pressure Tuesday because of concerns that a global trade war could derail the economy and force the Fed to cut interest rates. President Trump said he would boost tariffs on China by 50% if it doesn’t remove...

Barchart

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Crude Prices Pressured as US Vows Retaliatory Tariffs on China

May WTI crude oil (CLK25 ) Tuesday closed down -1.12 (-1.85%), and May RBOB gasoline (RBK25 ) closed down -0.0287 (-1.42%). On Tuesday, crude oil and gasoline prices settled moderately lower but remained above Monday's significant lows. On Monday, crude prices plummeted to a 4-year low due to concern that...

Barchart

Chaos on ITV GMB as Ranvir Singh Drops ‘Breaking News’ Bombshell — Massive Blow to Keir Starmer

Good Morning Britain viewers were caught off guard Monday morning (April 7) when the show was suddenly interrupted with a breaking news alert.

The Fashion Central

1 Dividend Stock I Bought in April Amid the Stock Market Crash

While stocks have whipsawed amid the tariff chaos, Citi's risk-reward profile now looks favorable. The stock also brings a fat dividend yield to the table.

Barchart

A tariff-induced recession could be great news for AI adoption. Here's why

Downturns drive businesses towards automation to cut costs, economic research shows.

Fortune

A growing trade war? Trump says China ‘wants to make a deal’

Top US trade official suggests Beijing has not sought talks with Washington as deadline for additional tariffs looms.

Al Jazeera

Economist Credited As Inspiration For Trump's Tariff Formula Claims The Administration 'Got It All Wrong'

Brent Neiman, a Chicago economist believed to be the inspiration for Trump's tariffs reveals he was shocked to learn he was associated with the policy, saying they got the math wrong.

Latin Times

Musk’s growing public feud with Trump trade adviser over tariffs dismissed by White House: ‘Boys will be boys’

The world’s wealthiest man has been engaging in an online spat with Peter Navarro over the president’s tariff policies

The Independent UK

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Investors Business Daily

Trump Tariffs: $1 Trillion Tax Hike Hits At Midnight; S&P 500 Goes South

Trump tariffs will approach the $1 trillion tax-hike threshold if reciprocal tariffs and an extra 50% tax on Chinese imports take effect at midnight.

International Business Times

YouTuber MrBeast Says Trump Tariffs 'Ironically' Make It Cheaper to Produce Chocolate Outside the U.S.

MrBeast criticizes Trump's tariffs, saying they unintentionally make overseas chocolate production cheaper than manufacturing in the U.S.

Fortune

Treasury Secretary Scott Bessent says negotiations over tariffs are happening, and about 70 countries have called the White House since 'Liberation Day' to talk trade

“Trying to negotiate individual trade agreements with 70 (or more) countries is difficult and will take time,” a research fellow for a libertarian think tank said.

The Independent UK

What happens next on the stock market after ‘bloodbath’ of Trump’s tariffs?

Stock markets in Asia, Europe and America are all in the green on Tuesday after several days of dramatic drops

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Reason

Trump's Manly Tariffs

Plus: Supreme Court in a holding pattern, NYC acts like money grows on trees, and more...

The Guardian - US

Tech’s Trump ties are starting to burn

Big tech bet on Trump – now tariffs are tanking stocks, IPOs are stalling, and Musk’s role in Washington may be ending

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