3 April 2025
56 minute ago
The S&P 500 posted its biggest daily loss since the summer of 2020.
A major fire has occurred at an industrial enterprise in Perm Krai. The roof of the building partially collapsed, the Russian Emergencies Ministry reports. According to the agency, a transformer caught fire. There were no casualties. A fire at a substation in the city of Berezniki in Perm Krai left two industrial enterprises without electricity: Berezniki Soda Plant and Soda-Chlorate2 hour ago
A major fire has occurred at an industrial enterprise in Perm Krai. The roof of the building partially collapsed, the Russian Emergencies Ministry reports. According to the agency, a transformer caught fire. There were no casualties. A fire at a substation in the city of Berezniki in Perm Krai left two industrial enterprises without electricity: Berezniki Soda Plant and Soda-Chlorate
Carney: The global economy is fundamentally different today than it was yesterday. The system of global trade anchored on the United States is over. Our old relationship of steadily deepening integration with the United States is over. The 80 year period when the United States embraced the mantle of economic leadership… is over. While this is a tragedy, it is also the new reality4 hour ago
Carney: The global economy is fundamentally different today than it was yesterday. The system of global trade anchored on the United States is over. Our old relationship of steadily deepening integration with the United States is over. The 80 year period when the United States embraced the mantle of economic leadership… is over. While this is a tragedy, it is also the new reality
Customs duties: Emmanuel Macron calls for suspending investments in the United States before any clarification
Stellantis NV, maker of Ram trucks and Jeeps, said on Thursday it was temporarily laying off 900 workers at five U.S. facilities after President Donald Trump's tariffs were announced
FM Szijjártó: Chinese investments will flood Hungary in 20259 hour ago
FM Szijjártó: Chinese investments will flood Hungary in 2025
Crudeoil slumps 6% with prices being undermined by tariff-driven recession fears and OPEC  announcing a bigger-than-expected production hike from May. Unless secondary tariffs and direct sanctions remove barrels, traders will once again turn their attention to the risk of an oversupplied market hurting prices. WTI has in two days reversed 0.681 of the March rally9 hour ago
Crudeoil slumps 6% with prices being undermined by tariff-driven recession fears and OPEC announcing a bigger-than-expected production hike from May. Unless secondary tariffs and direct sanctions remove barrels, traders will once again turn their attention to the risk of an oversupplied market hurting prices. WTI has in two days reversed 0.681 of the March rally
WSJ editorial board on loss in U.S. leadership and soft power from tariffs: “The cost in lost American influence will be considerable. Mr. Trump thinks the lure of the U.S. market and American military power are enough to bend countries to his will. But soft power also matters, and that includes being able to trust America’s word as a reliable ally and trading partner. Mr. Trump is shattering that trust as he punishes allies and blows up the USMCA that he negotiated in his first term.”
10 hour ago
Reuters, citing the Austrian economy minister: We must impose tariffs on Trump's friends and Republican states in the United States.
Spanish Prime Minister: Europe faces a US commercial attack from the West and a Russian military attack from the East.
11 hour ago
European Parliament: Our counter-tariffs will be announced on April 14
11 hour ago
German Economy Minister: Trump will succumb to pressure if Europe unites on tariffs
EU President von der Leyen on the US tariffs: “President Trump's announcement of universal tariffs on the whole world, including the EU, is a major blow to the world economy.”
Australian Prime Minister: We will work to resolve the crisis. We have an alliance with the United States, and this is greater than a weak decision.
Bloomberg: "The baseline import taxes will take effect after midnight Saturday and the higher duties will kick at 12:01 a.m. on April 9, according to senior administration officials
White House: Trump to declare emergency today over national security and economic concerns
Trump: "We will establish a minimum baseline tariff of 10 percent. That'll be on other countries to help rebuild our economy."
The United States imposing import tariffs on the countries around the world
Trump: Effective midnight, we will impose a 25% tariff on all foreign-made automobiles
.@POTUS: "My fellow Americans, this is LIBERATION DAY - April 2, 2025 will forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed, and the day that we began to make American wealthy again."
Trump says he's signing an order "instituting reciprocal tariffs on countries throughout the world."
US Treasury: Houthi-linked sanctioned network obtained weapons and sensitive goods from Russia
US Treasury: Washington issues new sanctions related to Russia
Today, the UK imposed financial sanctions on Georgian judges Giorgi Chinchaladze and Levan Murusidze under the Global Anti-Corruption Sanctions Regulations 2021. These sanctions include asset freezes, on the basis of their role in serious corruption and the erosion of judicial independence in Georgia.
French Industry Minister: Europe must show strength and abandon naivety in the face of Trump's tariffs
Ministry of Energy: Power outage across Syria due to several malfunctions.
Fox News, citing an informed source: Trump is upset with Putin and believes Russia is stalling on ceasefire talks with Ukraine.
Press secretary Karoline Leavitt says President Trump's tariffs will be "effective immediately" after he announces them tomorrow
Prime Minister Netanyahu and Finance Minister Smotrich officially announced: Israel has removed all tariffs imposed to date on products from the United States.
Chinese Foreign Minister: Raising tariffs on Chinese goods harms global markets, the trading system, and Washington's reputation.