Asian markets experienced a significant uptick as President Donald Trump declared his intention not to dismiss U.S. Federal Reserve Chair Jerome Powell. This comment has eased investor concerns around monetary policy continuity amid previous threats to replace Powell.
The ongoing market chaos caused by Donald Trump’s tariffs continues to dominate the business newspapers, as do reports about inflation, job risks and a UK-US trade deal that comes at a price. Tech stocks suffered a Wall Street sell-off on Wednesday after Nvidia revealed new US controls on sales to China will wipe billions of dollars from its earnings. The US dollar has continued to weaken for the fifth straight day, amid real fears that the world could start the process of de-dollarisation.
Donald Trump announced a temporary 90-day suspension of certain tariffs less than a day after they came into effect. Many see it as the president backing down from his policy after US government bonds were being sold off, and the president likely under pressure from his rich and powerful friends (Elon Musk).
Whilst he came back from the brink for most countries he had hit, all countries (interestingly, Russia was not hit with tariffs) still face a blanket 10% tariff.
The administration intensified its stance on China by elevating tariffs on Chinese imports to 125%, underscoring a complex and strained U.S.- China trade relationship.
China responded firmly to the increased tariffs, maintaining a resolute position and implementing retaliatory measures. The Chinese Commerce Ministry announced an 84% tariff on all U.S. goods, signaling Beijing’s unwillingness to yield to U.S. pressure. This escalation has heightened concerns about a prolonged trade conflict between the world’s two largest economies.
The financial markets have reacted with notable volatility to these developments. Following the announcement of the tariff suspension, global markets experienced a relief rally. However, this optimism is tempered by underlying uncertainties, as analysts caution that the fundamental issues driving the trade tensions remain unresolved. The bond market, in particular, has exhibited signs of distress, with the U.S. 10-year Treasury yield climbing from under 4% to 4.5%, reflecting diminished confidence in U.S. fiscal stability.
Amid these economic fluctuations, there have been murmurs of potential market manipulation.
The current trajectory of U.S. trade policy, characterized by abrupt shifts and escalating tariffs, has prompted warnings from economic leaders. JPMorgan Chase CEO Jamie Dimon cautioned that the ongoing trade war could precipitate a U.S. recession this year.
You don’t have to be a business major to be interested in the stock markets, and unless you’ve been living under a rock these last few days, it’d be almost impossible for you not to have heard about a stock market crash.
Since Donald Trump announced his ‘Liberation Day’ tariffs you would have heard a lot about the stock markets, them crashing and fears of a global recession.
Here’s a simple guide to the stock markets and what they mean.
Experts have warned investors about a ‘Black Monday’-like crash on April 7. On Sunday, U.S. stock futures plummeted, and the internet being as creative and hilarious as it is flooded Twitter/X with ‘Orange Monday’ memes.
You are at:Home What’s the latest news today? Sections UK News Briefing HUB Editorial World News today The Week so far Royal news – Harry…
Global stock markets plummeted overnight, with Japan’s Nikkei 225 falling nearly 8% and US stock market futures indicating further declines, as fears of a trade war escalate following President Trump’s new tariffs.
There have been a few big announcements from China today – the latest outlines new restrictions on US companies.
BBC’s business editor Simon Jack was asked: Is this a stock market crash? Here’s what he has to say:
Stocks slump – China to impose 34% levy as retaliation – China files lawsuit | US tariffs LIVE
Asian markets witnessed significant declines following a drastic sell-off on Wall Street, driven by the announcement of new tariffs by the Trump administration.
Global stock markets experienced significant declines following President Trump’s announcement of sweeping tariffs, including a 10% tax on imports from the UK.
More reaction from the global stock markets, world leaders and experts a day after Donald Trump announced global tariffs.
Stock markets in London, Paris, and Berlin fell on Thursday following U.S. President Donald Trump’s announcement of sweeping tariffs. The UK has been hit with a baseline 10% while the EU has been hit with 20%.
Politics is dominating the news in the United States – and around the world – with Donald Trump’s latest tariffs set to be announced tomorrow, the markets reaction to the impending tariffs and talks of Trump seeking a third term.
Trump is set to announce new tariffs on imports, including a 25% tax on foreign cars. The move aims to boost U.S. manufacturing but may raise prices and strain trade relations. The UK and other countries are expected to respond with their own tariffs.
Trump recently suggested the possibility of seeking a third term in office, despite the clear prohibition outlined in the 22nd Amendment of the U.S. Constitution, which limits presidents to two terms. In a recent interview, Trump stated he was “not joking” about exploring “methods” to remain in power beyond his current term.
Tuesday’s UK headlines are dominated by international stories with a sprinkling of domestic politics and royal stories.
France’s far-right leader Marine Le Pen has expressed her outrage at being banned from running for public office for five years after being found guilty by a French court of embezzling EU funds. The UK media are assessing what this means for France’s far-right, noting that it’s unlikely to stop the rise, and questions linger from the public figures, including Elon Musk, over how much the outcome was politically motivated.
Tariffs dominate much of the global news today, ahead of Wednesday’s ‘liberation day’ (according to Donald Trump). US tariffs are set to hit every nation tomorrow; the stock markets are in panic, and Britain failed to secure a trade deal before the tariffs.
Prince Harry and Prince Andrew are in the news as Harry’s charity row rumbles on and Andrew’s accuser has been involved in a serious car accident and says she has four days to live.
Global stock markets, including the S&P 500 and Nasdaq, experienced declines as investors await imminent tariff announcements from President Trump, reflecting broader economic uncertainties.
Prince Harry has been accused of bullying and harassment by the chairperson of the charity Sentebale, which Harry co-founded. Dr Sophie Chandauka gave an interview over the weekend where she said since Harry’s Netflix deal interfered with a planned Sentebale fundraiser and an incident with Harry’s wife Meghan became a source of friction. Chandauka says Harry – and the board who all resigned – are trying to force her out.
The global stock markets have reacted to Trump’s comments over the weekend as he is set to announce a raft of new tariffs that will affect every country. Asian markets have fallen, and European markets opened down.
Expect much of this week’s news to be dominated by the US President as his new tariffs are set to hit this Wednesday, he’s announced he might consider a third term as president (despite US law only allowing for two) and he’s told Russian president Putin he has to agree to a ceasefire in a month or face more tariffs.
Stock markets in Asia and Europe have declined sharply as the 2 April implementation of US tariffs on imports approaches, with Japan’s Nikkei index dropping nearly 4% and the UK’s FTSE 100 reaching a two-week low.
Cliff notes Global Stock Markets Slide as Trump’s Tariff Threats Shake Investor Confidence
Stock markets fall after US tariffs spark trade war fears Global stock markets have fallen following the start of US tariffs on goods entering the…
US stock prices took a hit after the Federal Reserve announced its third consecutive interest rate cut, but its economic projections indicated a slower pace of cuts in the coming year.
China stocks led losses in Asia Friday after Beijing affirmed its recent policy shifts and stressed on plans to boost growth following a high-profile meeting…
The Paris stock market rose at the start of trading Thursday, December 5, as President Emmanuel Macron seeks a way out of France’s political crisis.…
Asia-Pacific markets were mixed Friday after Wall Street saw the Dow Jones Industrial Average drop more than 200 points and S&P 500 retreat from a record…
Copyright WTX News 2025