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GLOBAL MARKETS-Stocks slump as US tariffs hit tech hardest
SINGAPORE, April 3 (Reuters) - Stocks dived and investors scrambled to the safety of bonds, gold and the yen on Thursday as U.S. President Donald Trump unveiled a bigger-than-expected wall of tariffs around the world's largest economy, upending trade and supply chains.Reuters
Thu, Apr 3
Hefty Trump tariffs surprise markets, stocks slide
April 2 (Reuters) - U.S. President Donald Trump further escalated a trade war on Wednesday by announcing he would impose reciprocal tariffs to match duties put on U.S. goods by other countries."It's our declaration of independence," Trump said at an event in the White House Rose Garden. "We will...Reuters
Thu, Apr 3
Japan 10-year bond yield slumps after Trump imposes bigger-than-expected tariffs
TOKYO, April 3 (Reuters) - Japan's 10-year government bond yield fell sharply on safe-haven bets amid worries that U.S. President Donald Trump's bigger-than-expected wall of tariffs would dampen the global economy.
Reuters
Thu, Apr 3
US slaps 26% tariff on India amid ongoing bilateral trade talks
NEW DELHI, April 3 (Reuters) - The U.S. slapped a 26% reciprocal tariff on India in a setback to the South Asian country's expectation of getting relief from President Donald Trump's global trade policy that has unnerved world markets for weeks.Reuters
Thu, Apr 3
Dollar slides as traders rush into safe havens after US tariffs
SINGAPORE, April 3 (Reuters) - The dollar slid broadly on Thursday, while the euro was steady after U.S. President Donald Trump announced more aggressive-than-anticipated tariffs against major trading partners, jolting the markets as investors sought safe haven yen and Swiss franc.Reuters
Thu, Apr 3
Tesla quarterly sales plunge as Musk backlash grows
Tesla's sales drop to the weakest in nearly three years Sales decline was more pronounced than analysts' expectationsTesla faces competition from BYD, Volkswagen, and BMWShares fall 7% in after-market trading after Trump tariff announcementBy Akash Sriram and Abhirup Roy April 2 (Reuters)...Reuters
Thu, Apr 3
Trump's tariffs send markets reeling, amid trade war and recession fears
Trump announced 10% tariff on all importsTrumps sets higher reciprocal tariffs on many US trading partnersUS stock futures down 3.4%; yen, gold up By Saqib Iqbal Ahmed, Nupur Anand and Laura Matthews NEW YORK, April 2 (Reuters) - President Donald Trump's new tariffs announced on W...Reuters
Wed, Apr 2
Chinese firms place $16 billion in order for new Nvidia chips, the Information reports
April 2 (Reuters) - Chinese companies including ByteDance, Alibaba Group 9988.HK and Tencent Holdings 0700.HK have placed at least $16 billion in orders for Nvidia's NVDA.O H20 server chips in the first three months of the year, the Information reported on Wednesday, citing two people with direc...
Reuters
Wed, Apr 2
March Nonfarm Payroll Preview: Tariff Impact Takes Hold, U.S. Employment Continues to Soften – Is the S&P 500’s Decline Far From Over?
TradingKey - On April 4, the U.S. Bureau of Labor Statistics will release the March nonfarm payroll report. Wall Street expects that, due to the impact of Trump's tariffs, U.S. companies' hiring intentions have weakened, and nonfarm payrolls will decline.TradingKey
Wed, Apr 2
CORRECTED-Japan's Nikkei ekes out gain in countdown to Trump tariffs
By Kevin Buckland TOKYO, April 2 (Reuters) - Japan's Nikkei share average ended Wednesday with a small rise after swinging between gains and losses, as traders positioned for U.S. President Donald Trump's tariffs.The Nikkei .N225 finished up 0.28% at 35,725.87. Earlier, it had slipped 0.5...Reuters
Wed, Apr 2
ADP Employment Change projected to show US job growth gaining in March
The US labor market is poised to steal the spotlight this week as concerns over a potential slowdown in economic momentum remain on the rise — an unease fueled by recent signs of slower growth and troubling underlying data, aggravated by the ongoing uncertainty surrounding US tariffs.Fxstreet
Wed, Apr 2
Bitcoin Price Struggling but Short-Term Holders Might Be Setting the Stage for $150K
Bitcoin has recently displayed signs of upward momentum, trading at $85,215, marking a 2.2% increase in just the past day. Despite this short-term gain, the asset remains down by over 21.2% from its all-time high of $109,000 reached in January. The ongoing price fluctuations have left Bitcoin in a d
NewsBTC
Wed, Apr 2
Trump's Promise-Fulfilling Week? Beyond Reciprocal Tariffs, GOP Tax Cuts Set to Deliver Good News
TradingKey – As the public awaits President Donald Trump’s formal announcement of reciprocal tariffs on April 2, his tax-cut agenda may also notch a milestone victory this week. U.S. Republicans are drafting a tax bill that includes raising the state and local tax (SALT) deduction cap from $10,000..TradingKey
Wed, Apr 2
April 2 "Trump Liberation Day": Businesses and Consumers Struggle to Protect Their Wallets—Where Are the Safe Havens for Investors?
TradingKey – U.S. President Donald Trump is set to officially announce a reciprocal tariff plan at 4:00 PM local time on April 2 in the White House Rose Garden, as U.S. stocks continue to suffer amid volatile trade policy shifts.TradingKey
Wed, Apr 2
Gold price remains close to record high amid concerns over Trump’s reciprocal tariffs
Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Wednesday and stalls the previous day's modest retracement slide from a fresh record high. Investors continue to take refuge in traditional safe-haven assets amid the uncertainty over US President...
Fxstreet
Wed, Apr 2
Trump to escalate global trade tensions with new reciprocal tariffs on US trading partners
White House closely guarding details of tariffs for major US trading partnersTrump aims to match countries' tariff rates, offset other barriers White House tariff announcement planned for 4 p.m. EDT/2000 GMTNew duties to stack on top of Trump's tariffs on cars, metals, Chinese goods By David...Reuters
Wed, Apr 2
Venezuela's oil exports fall 11.5% over US tariffs and sanctions, shipping data show
April 1 (Reuters) - Venezuela's exports of crude oil and fuel fell 11.5% in March month-on-month as Washington's imposition of secondary tariffs and the cancellation of key licenses to operate in the U.S.-sanctioned energy sector led to delays and cargo suspensions, according to ship tracking data a
Reuters
Wed, Apr 2
Walmart continues to push Chinese suppliers to cut prices, Bloomberg News reports
April 1 (Reuters) - U.S. retailing giant Walmart WMT.N is continuing to push Chinese suppliers to cut prices to offset President Donald Trump's tariffs, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Reuters
Wed, Apr 2