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Day: April 4, 2025
President Trump says China ‘panicked’ with tariff response https://t.co/5m4xZgmlLH
— The Hill (@thehill) April 4, 2025
Shares in European lenders extended losses on Friday amid a deep selloff in equities sparked by U.S. President Donald Trump’s sweeping tariffs. https://t.co/vAXlFIbpwJ pic.twitter.com/RZZcbIVKhQ
— Reuters (@Reuters) April 4, 2025
Stock markets across Asia-Pacific and Europe fell Thursday and US markets tumbled after President Donald Trump announced new tariffs on trading partners around the world. Commerce Secretary Howard Lutnick says President Trump will not back down on these tariffs.
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These are not reciprocal tariffs and are not based of trade deficits. It won’t accomplish any goals that Trump says they want to achieve :James Surowiecki Author who cracked tariff math
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