| 03.04.2025 8:27 EU Vows to Respond With Countermeasures to Trump’s 20% Tariffs The European Union, the US’s largest trading partner, vowed to retaliate after President Donald Trump announced sweeping tariffs against the bloc in his bid to dismantle the global trading system. 03.04.2025 8:19 House Stablecoin Bill Advances in US House With Support of Trump, Democrats Stablecoin advocates achieved another legislative victory on Wednesday night, adding fresh momentum to one of the few issues with bipartisan accord in a deeply divided Washington. 03.04.2025 8:00 Thailand PM Says Prepared to Deal With US Tariffs, Plans Talks Thailand is prepared to deal with the fallout of the 36% so-called reciprocal tariff imposed by the Trump administration, Prime Minister Paetongtarn Shinawatra said, adding that the Southeast Asian country would hold talks with the US to lower the levy. 03.04.2025 7:37 Japan Calls Trump’s 24% Tariff Regrettable, Pushes for Exemption Japan’s Trade Minister said the Trump administration’s latest tariff broadside is extremely regrettable and pushed for an exemption, hours after the US announced new levies on Japan that were higher than expected. 03.04.2025 6:53 Jefferies Moving to Bigger Singapore Office Amid Expansion Push Jefferies Financial Group Inc. is set to move to a larger office space in Singapore, according to people familiar with the matter, in a further signal of the Wall Street firm’s expansion drive in Asia. 03.04.2025 6:50 China Services Growth Picks Up With Economy Pressured by Tariffs China’s service activity picked up in March, according to a private survey, a welcome sign before extra US tariffs pile pressure on the world’s second-largest economy. 03.04.2025 6:35 China Stocks Pare Loss as US Tariffs Spur Bets on Policy Support Chinese stocks pared early losses as investors bet that authorities will take more steps to shield the economy after the US slapped the biggest-ever tariff hike on almost all of the Asian country’s products. 03.04.2025 6:26 China Maintains Support for Yuan After US Imposes New Tariffs China’s central bank retained support for its currency after the US hit the world’s No. 2 economy with the biggest-ever tariff hike. 03.04.2025 5:55 Tariffs Rip Through Southeast Asia Stocks, Sink Vietnam Market Southeast Asian stocks and currencies fell after Asian emerging nations were given some of the biggest tariff increases by US President Donald Trump. Vietnamese shares tumbled. 03.04.2025 5:32 Trump Pressures вЂ?Friend’ Modi With 26% Tariff on India President Donald Trump slapped India with some of the highest tariff rates imposed on any major US trading partner, saying his good personal ties with Prime Minister Narendra Modi did not affect his decision. 03.04.2025 5:30 RBA Sees Banks as Resilient to Chilling Effect of US Tariffs US trade policies and nations’ responses to them could have a “chilling effect” on global business investment and household spending, though Australia’s financial system is well placed to weather such a storm, the Reserve Bank said in a half-yearly review. 03.04.2025 5:10 South Korea Holds Emergency Meeting to Respond to US Tariffs South Korea’s interim leadership was thrown into emergency mode to protect the export-reliant economy from a trade crisis after the Trump administration announced one of the worst tariff rates to hit a US security ally. 03.04.2025 4:34 Stocks Drop, Bonds Jump as Trump Tariffs Sap Risk: Markets Wrap Global financial markets were hit by a sweeping selloff after President Donald Trump’s bid to remake the world trading order proved more aggressive than expected. 03.04.2025 4:20 Gold Hits Record as Trump’s Tariff Spree Sparks Haven Demand Gold climbed to a record after President Donald Trump unveiled his sweeping “reciprocal” tariffs, imposing a minimum levy of 10% on imports and stoking fears his agenda may trigger a global economic slowdown. 03.04.2025 3:57 Tariff Loophole That Helped Temu, Shein Will Close May 2 De minimis tariff exemptions, which currently allow packages worth as much as $800 from China and Hong Kong to enter the US duty free, will end on May 2, the White House said, a potential blow to discount marketplaces like Temu and Shein. 03.04.2025 3:45 Metals Sink as Trump’s Trade Crusade Threatens Global Demand Copper, aluminum and zinc all slumped as metals joined a rush from risk on fears that President Donald Trump’s sweeping new tariffs will end up crushing demand for industrial commodities. 03.04.2025 3:44 Wall Street braces for wild ride on stock prices after Trump reveals tariffs on most imports Stocks took a hit in after-hours trading after the commander-in-chief slapped a 10% baseline tariff on all exporters to the US as well steeper rates for nations he accuses of treating this country unfairly. 03.04.2025 3:43 Fear Grips Markets as Trump Tariffs Raise Risks to Global Growth For a brief moment, it looked like Wall Street’s worst fears about President Donald Trump’s tariff plans were misplaced — and a relief rally started rippling through markets. 03.04.2025 3:39 Strategists See Stronger Yen, Weaker Asian Stocks on Tariff Plan Asian economies bore the brunt of US President Donald Trump’s tariff deluge, with their currencies and stocks coming under selling pressure, according to strategists. 03.04.2025 3:24 Here Are Trump’s Reciprocal Tariffs by Country The following is a partial list of reciprocal tariffs announced by US President Donald Trump during his April 2 press conference. 03.04.2025 3:01 Oil Declines as Trump’s Wide-Ranging Tariffs Threaten Demand Oil fell after US President Donald Trump rolled out stiff tariffs on major trading partners, including China and the European Union, that spared energy but ratcheted up a trade war that threatens global demand. 03.04.2025 2:28 Trump tariffs could stoke massive short term pain for better trade deals President Trump and his team are telling top financiers his tariff plan unveiled today is all about playing the long game. 03.04.2025 2:20 Google executive discriminated against male employees, bombshell lawsuit alleges Ex-Google employee alleges executive drove him to point of depression and desperation. 03.04.2025 1:22 Mark Zuckerberg’s Meta lobbying Trump to settle FTC’s antitrust case: report Mark Zuckerberg’s Meta is aggressively lobbying the Trump administration to settle the Federal Trade Commission’s antitrust case against the company before it goes to trial later this month, according to a report Wednesday. 03.04.2025 1:16 Trump Tariffs Everyone, With Rate on China Set to Soar Above 50% President Donald Trump imposed the steepest American tariffs in a century, stepping up his campaign to reshape the global economy and unnerving investors who see a trade war as a risk to US growth. 03.04.2025 0:57 Alex Rodriguez and Marc Lore are about to land NBA’s Timberwolves for bargain price: report All that appears to be left is final approval by the NBA’s board of governors, which is the last step before any sale of a team can be completed. 02.04.2025 23:01 OnlyFans founder submits late-stage bid to buy TikTok, partnering with crypto foundation The intent to bid was sent this week to the White House by Zoop, billionaire Stokelys new company, and the Hbar Foundation, which manages the Hedera cryptocurrency networks treasury. 02.04.2025 23:00 Trump clinches deal with high-powered law firm that hired Doug Emhoff President Donald Trump revealed he reached a deal with Willkie Farr & Gallagher, which hired former vice president Kamala Harris’ husband in January. 02.04.2025 22:41 Macy’s clawing back executives’ bonuses linked to accounting scandal caused by rogue worker Macys overpaid an undisclosed number of executives by $609,613 and wants the money back now. 02.04.2025 22:28 China blocks its firms from investing in US ahead of trade war escalation Regulators in Beijing have been told in recent weeks to hold back on granting approvals for Chinese companies wishing to invest in the US, Bloomberg News reported. 02.04.2025 22:27 Citadel, Millennium hedge funds suffer lackluster quarter after stocks tank in March The biggest funds have faced margin calls, according to a note to clients by Swiss giant UBS, which is when traders are asked to stump up more cash in risky markets. 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