14 April 2025
4 day ago
Erdogan: It would not be an exaggeration to say that a violent storm is coming that will affect everyone.
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
EU Commission proposes counter-tariffs on some US imports to take effect from December 1st - document
AP, citing a USAID official: 60 letters sent to cancel contracts, including the World Food Programme.
Trump: if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th.
Vietnam’s zero tariff offer has been rejected by the Trump administration. This offer “means nothing to us.”
The White House says the 90-day tariff pause headlines are "fake news."
Senate Republicans pass budget bill as Trump's tariffs spark nationwide protests
Hassett: Trump is considering a 90-day pause in tariffs for all countries except China
EU: We are exploring all available tools to respond to US tariffs.
EU Trade Commissioner says some 70% of their total exports are now facing tariffs
Deputy Chairman of the Iranian Parliament's National Security Committee: Non-partisan negotiations with the US are conditional upon an end to its economic terrorism against Iran.
EU trade ministers meeting in Luxembourg are mulling a 'paradigm shift' in global trade as Trump's tariffs rock markets
Shares in Hong Kong plummeted more than 12% Monday in their worst day in more than 16 years as China's retaliation against Donald Trump's tariffs ramped up a trade war and fuelled recession fears