Saturday, April 12, 2025

Economy

Trump Pushes Back on Japan’s $7B Steel Deal—Stock Tanks 16%

Trump opposes the sale of U.S. Steel to Japanese investors, emphasizing national security and reviewing the acquisition's risks.

Japan Plans $335 Cash Payout for Everyone to Fight Inflation and U.S. Tariffs

Japan plans to distribute cash to all citizens to combat inflation and U.S. tariffs, with proposals for 50,000 JPY per person.

Oil Prices Explode as Trump Hits Pause on Tariffs—WTI Rockets 4.6%

Oil prices surged after Trump announced a 90-day suspension of tariffs, reversing a four-day decline in the market.

Trump Hits Pause, Markets Explode: Nasdaq Soars 12%, Tesla Rockets 23%

U.S. stock markets surged after Trump suspended tariffs for 75 countries, boosting tech stocks like Tesla and Nvidia significantly.

Oil Sinks 18% Over Four Straight Days as Tariff Tensions Escalate

Oil prices fell sharply due to Trump's new tariffs on China, raising fears of a global economic slowdown. Brent crude dropped 2.16%.

Stocks Rally, Then Reverse as 104% China Tariff Triggers Selloff

U.S. stock market fell sharply after news of a 104% tariff on Chinese imports, leading to significant losses for major tech companies.

ECB Signals June Cut as Trade Tensions Weigh on Growth

The ECB is likely to cut interest rates twice amid recession fears linked to Trump's tariffs, raising concerns about the Eurozone economy.

Trump Confirms Tariffs Will Begin Monday, Dismissing Delay Rumors

Trump confirmed that tariffs will be imposed as scheduled, emphasizing ongoing negotiations with many countries despite permanent tariffs.