As of 22 April 2025, U.S. stock markets remain volatile following the April 2nd crash, which wiped over $3 trillion in value after President Trump’s sweeping tariffs—up to 125% on Chinese imports—sparked global trade tensions. 

The trade war with China continues to escalate, with the U.S. imposing steep port fees on Chinese-built vessels and restricting AI chip exports, prompting retaliatory tariffs from Beijing. China has also warned it will retaliate against countries that negotiate trade deals with the US “at the expense of China’s interests”, fuelling global tensions as the world’s two economic superpowers face off over tariffs.

These developments have contributed US dollar weakening with the Dollar Index hitting a three-year low amid investor concerns over Federal Reserve independence and economic outlook.

The White House has expressed support for Defence Secretary Pete Hegseth amid reports that he shared sensitive military details in a second Signal messaging chat with family members, following a prior incident where information was shared with senior Trump administration officials.

The Mexican government has condemned a US advertisement warning against undocumented migration, asserting it contains a “discriminatory message” that undermines human dignity and could incite violence against migrants.

President Trump stated that the administration cannot provide trials for all deportees, claiming it would take “200 years” to do so.

Sir Keir Starmer reiterated the UK’s support for Ukraine during a phone call with President Volodymyr Zelenskyy, emphasising the need for a full ceasefire from Russia to end the ongoing conflict.

Cliff Notes World leaders pay tribute to Pope Francis Tributes have poured in from around…