10 April 2025
Reporter: Are you concerned of escalation beyond a the trade war with China? Trump: This country is very powerful. We have weaponry that nobody has any idea what it is
Reuters, citing a White House official: Tariffs on steel, aluminum, and autos remain unchanged.
The White House now believes a TikTok deal is off the table for the foreseeable future, and maybe forever - FOX
14 hour ago
Germany's Incoming Chancellor Merz: We should have 0% tariffs on all transatlantic trade, then the problem is solved
Trump announces 90-day pause on tariffs, except for China, which is being raised to 125%
Trump is increasing tariffs on China but announces "I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately"
Trump: BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before!
The EU has taken responded to metals tariffs by approving retaliation on around €20 billion of US products
U.S. says ‘will not tolerate’ any country or commercial entity providing support to foreign terrorist organizations, such as the Houthis, including offloading ships and provisioning oil at Houthi-controlled ports. Such actions risk violating U.S. law
Kaja Kallas: The bond between the EU and Ukraine keeps getting stronger. Today, I was happy to witness the signature of five new agreements with Ukraine. These cover important areas, from rebuilding Ukraine’s energy infrastructure to the participation in our Copernicus satellite programme
China raises tariffs on imported U.S. goods from 34% to 84% starting April 10th
22 hour ago
Brent crude drops below $60 a barrel for first time since February 2021
22 hour ago
Erdogan: It would not be an exaggeration to say that a violent storm is coming that will affect everyone.
23 hour ago
Kremlin: Iran is taking necessary precautionary measures in response to tough US rhetoric.
EU to Approve First Retaliation Against Trump Tariffs. The EU is set to greenlight its first counter-tariffs on U.S. goods today, joining China and Canada in responding to Trump’s escalating trade war.•The EU’s response targets $23 billion worth of U.S. products like The EU’s response targets $23 billion worth of U.S. products like motorcycles, poultry, fruit, wood, and clothing. Duties will roll out in three stages: April 15, May 16, and Dec 1.
Reuters: China's central bank urges major state-owned banks to limit US dollar purchases
White House Press Secretary says 104% additional tariffs went into effect at noon eastern time because China has not removed it's retaliation. The 104% additional tariff will be collected starting tomorrow April 9th
China misses deadline to remove retaliatory tariffs, US to impose additional 50% tariff - bringing total to 104% on Chinese imports - starting tomorrow
British Finance Minister: I held talks with my counterparts in Canada, Australia, France, and the European Union regarding tariffs
According to The Washington Post, Elon 'begged' Trump to reverse the new tariffs
China firmly rejects pressure or threats, emphasizing that this is not the right way to engage. 'We will safeguard our legitimate rights and interests,' says Liu Pengyu, spokesman for Beijing's embassy in the U.S
Trump: China is a massive surplus. That they take and they spend on their military we don't want that. I don't want them to take $500 billion, $600 billion a year and spend it on their military. I don't want them spending money on their military
Trump: "The EU has been very tough over the years. It was, I always say, it was formed to really do damage to the United States and trade. That's the reason it was formed."
Trump: The European Union will have to buy energy from the United States.
Trump: "We have a deficit with the EU of $350 billion. And it's gonna disappear fast. And one of the reasons and one of the ways that can disappear easily and quickly is they're gonna have to buy their energy from us."
Reporter: How do you ensure that these tariffs don't drive U.S. Trading partners into the hands of the Chinese? Trump: I'm not worried about it. I'm not worried about it. The Chinese have turned out to be not very good at that
"They can both be true," Trump says when asked if the tariffs are permanent or open to negotiation. "There could be permanent, and there could also be negotiations, because there are things that we need beyond tariffs." "So we're going to get fair deals and good deals with every country," he said in Oval
Trump: We will talk to China
President Trump says he's "not looking at that" when asked about pausing tariffs
Document: European Commission proposes 25% tariffs on US goods starting May 16