The US aims for free and priority access to the Panama Canal, while Panama insists on its sovereignty, complicating negotiations amidst ongoing tensions.
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A helicopter crash in New York’s Hudson River resulted in the deaths of six Spanish tourists, including three children and the pilot, as confirmed by Mayor Eric Adams.
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.
With so much politics dominating the news this week – lots of uncertainty too- it’s important to get back to nature and enjoy the positivity in the world.
Jillian Lauren, the author and wife of Weezer bassist Scott Shriner, was shot and injured by Los Angeles police after allegedly pointing a handgun at officers in her front yard, leading to her arrest on suspicion of attempted murder.
Joseph Kent, chief of staff to the Director of National Intelligence, stated that intelligence is investigating potential FBI involvement in the January 6 riots during a Senate intelligence committee hearing.
Donald Trump pauses tariffs for most countries for 90 days on “reciprocal” tariffs for over 75 trading partners, maintaining a reduced baseline tariff of 10%
Formula 1 is poised to feel the repercussions of US President Donald Trump’s recently announced tariffs, which have already created a wave of uncertainty in global markets.
The US-China trade war is in full flow as the rest of the world holds its breath, wondering, hoping and perhaps even praying that Trump sees some sense.
There are whispers in the corridors of Congress between Republicans and Democrats as to how they can either curb the president’s war or usurp him. There is far too much at stake for Congress not to intervene.
The global financial markets are experiencing a downturn due to US tariffs imposed by President Trump, raising fears of an escalating trade war and potential global recession.
China has responded to President Trump’s threat of a 50% tariff on its imports by stating it will “fight to the end” and take countermeasures to protect its interests. The Commerce Ministry condemned the U.S. actions as “completely groundless” and labelled them as unilateral bullying.
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.
A second child in Texas has died from measles, with the outbreak in the state reaching nearly 500 reported cases, primarily among unvaccinated individuals.
Arturo Suarez, a Venezuelan singer awaiting asylum in the US, was deported to a notorious prison in El Salvador, labelled as a gang member without evidence, as part of Trump’s anti-immigration policies.
White House aides expressed mixed signals about Donald Trump’s tariff policies, with some suggesting room for negotiation while others dismissed the prospect.
Adele and Rich Paul were spotted enjoying a rare outing at an NBA game, showcasing their relationship amidst Adele’s break from public performances.
Terrence Howard alleges that Sean ‘Diddy’ Combs made sexual advances towards him, claiming Combs invited him under the pretext of seeking acting lessons.
US correspondents Mark Stone and David Blevins addressed various topics, including the implications of Trump’s “Liberation Day” tariffs on American consumers.
Cliff Notes The artist Sarah Boardman claims her business is at risk after Donald Trump publicly criticised her official portrait of him, stating it is…
Cliff Notes Thousands participated in nationwide “Hands Off!” protests against Donald Trump and Elon Musk, with around 1,200 demonstrations organised across all 50 states, including…
Cliff Notes – US tourist arrested for entering forbidden Indian island A 24-year-old American man was arrested for illegally entering North Sentinel Island, home to…
The story that is dominating every news site – in print and online – today is, of course, the ongoing chaos facing the global stock markets following Donald Trump’s latest US tariffs.
Global stock markets experienced significant declines following President Trump‘s announcement of sweeping tariffs, including a 10% tax on imports from the UK.
Both US and European markets reported their worst one-day losses since the COVID-19 pandemic, raising concerns about a potential recession and international retaliation.
Asian markets witnessed significant declines following a drastic sell-off on Wall Street, driven by the announcement of new tariffs by the Trump administration.
More reaction from the global stock markets, world leaders and experts a day after Donald Trump announced global tariffs.
The White House has said it will impose what they call reciprocal tariffs on roughly 60 of the “worst offenders”.