Wall Street swings $7 trillion over 'fake news' on Trump tariff deal: Here's what happened
At around 10:15 AM ET on April 7, it was reported that Trump was considering a 90-day pause on tariffs; the S&P 500 rose over 400 points in a matter of minutes before the White House called this 'fake news'
China's central bank vows funding support to sovereign fund to stabilize market
China’s state-backed funds including Central Huijin earlier announced plans to buy local stocks in a bid to support the market hurt by US tariffs
Trump not interested in tariff negotiations with Europe 'unless they pay lot of money'
Trump said he had spoken to leaders from Europe and Asia over the weekend, who hope to convince him to lower tariffs as high as 50 percent due to take effect this week
China appeals for calm, readies plans to counter Trump’s tariffs
China is honing a domestic message of resilience after retaliating against Trump’s sweeping tariff announcements last week by imposing levies on US goods
Goldman boosts recession risk, brings forward Fed rate-cut call
Economists led by Jan Hatzius lowered their 2025 Q4-to-Q4 GDP growth forecast to 0.5% from 1% and raised the 12-month recession probability to 45%
Japan’s Ishiba seeks broad tariffs deal as stocks rout deepens
Prime Minister Shigeru Ishiba told parliament he would strongly urge President Donald Trump to drop the planned US levies on Japanese imports
Chinese stocks suffer ‘panic selling’ as tariff war escalates
The onshore CSI 300 dropped as much as 8.8%, its biggest decline in over five years.
Trump compares tariffs to 'medicine' as markets point to rough week ahead
Trump indicated he was not concerned about market losses that has already wiped out nearly $6 trillion in value from US stocks
Trump's tariffs an 'economic nuclear war' that must be paused, says Bill Ackman, seeking a 'time out'
The billionaire investor Bill Ackman pointed out that during a markets meltdown, investment and consumption suffers and businesses stop investments.
Nikkei dives 6% as Asian markets sink over fears of a global trade war mount
Japan's Nikkei sank 6% to hit lows last seen in late 2023, while South Korea dropped 5%. MSCI's broadest index of Asia-Pacific shares outside Japan fell 3.6%
‘The market has spoken’: China slams US tariffs as global selloff deepens
Foreign Ministry spokesperson Guo Jiakun said in a Facebook post that the trade war “started by the U.S. against the world is unprovoked and unjustified.”
‘Tariffs will hit harder than expected, and inflation may stick,’ warns Fed Chair Powell
Financial markets have been anticipating significant rate cuts this year to counteract an economic slowdown. However, Powell’s remarks suggest the Fed is not rushing into such decisions.
JPMorgan sees global recession odds at 60% if tariffs sustained
Several Wall Street firms on Thursday warned of a US recession, with some making it their base case, after Trump announced major levies on imports
Chart of the Day | Does India have a tariff advantage over its peers?
Amid rising tensions in global trade, India’s position is becoming more complex—and potentially more strategic
How much wealth did Musk, Bezos, Zuckerberg lose as Trump's tariffs see Wall Street crumble
The drop is the fourth-largest one-day decline in the Bloomberg Billionaires Index’s 13-year history, and the largest since the height of the Covid-19 pandemic
How Trump’s tariffs were honed in final hours before rollout
Critical decisions about the duties’ structure went down to the wire, even as steel and auto workers were being summoned to the White House Rose Garden for their unveiling
JD Vance downplays ‘one bad day’ for markets, promising boom later
Vance’s comments came a day after Trump's tariffs erased $2.5 trillion in collective value from US stocks
Trump open to tariff cuts in return for ‘phenomenal’ offers
Trump, speaking on Air Force One on Thursday, said he thinks 'markets are going to boom'. 'Got to give it a little bit of time.
Asia bears brunt of Trump tariffs, needs to ease, say economists
The Trump administration’s tariffs come at a time when Asian economies are already grappling with tepid growth, with sticky inflation keeping some central banks on high alert
Asia shares fall after worst Wall Street day since 2020
Japanese shares sank to the lowest level since August. Markets in China and Hong Kong are closed
US markets continue to trade in red amidst Trump tariff escalation; Nasdaq down 5%
Some nations, including the EU and China, have vowed to retaliate. “We are prepared to respond,” said European Commission President Ursula von der Leyen.
Oil sinks nearly 3% after Trump announces sweeping new tariffs
Brent futures fell $1.97, or 2.63%, to $72.98 a barrel by 0033 GMT. U.S. West Texas Intermediate crude futures were down $1.98, or 2.76%, to $69.73
Quick Take: Decoding the market impact of Trump’s tariffs
Trump’s tariff shock rattles global markets, with Indian stocks facing turbulence while select sectors eye opportunities
Bankers get boost in Asia Pacific as M&A growth tops US, Europe
The volume of mergers and acquisitions in APAC is up 19% from the first quarter last year
Investors tread warily in Asia as Trump's tariff clock counts down
Trump’s deliberations over his plans to impose reciprocal tariffs are coming down to the wire, with his team said to be still finalizing the size and scope of the new levies
