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Wall Street's Fear Gauge Spikes to Highest Level Since 2020 COVID Crash
Fed to Take 'Extended Pause' From Cuts, Nuveen Says
Express News | China imposes 34% additional tariff on all U.S. goods from April 10, retaliating against Trump's comprehensive tariffs.
Dow Industrials Drop, Dollar Sinks on Trump Tariff Plans -- WSJ
Trump's tariff policy is on the way, which may cause nearly 2 trillion dollars in Market Cap to evaporate in the US stock market.
Due to concerns that President Donald Trump's new round of large-scale tariff policies could plunge the USA economy into recession, it is expected that at the opening of the US stock market on Thursday, the Market Cap of the companies in the S&P 500 Index will evaporate by about 1.7 trillion dollars.
The Prime Minister of Australia responded to Trump's tariffs: there will be no equal countermeasures, and negotiations for exemptions will be sought.
① Australian Prime Minister Albanese criticized USA President Trump for imposing a 10% tariff on allies, stating that such actions are not what friends do, and indicated that Australia will not impose equivalent tariffs on the USA; ② The Australian government will seek to negotiate with the USA in hopes that Trump will lift the tariffs on Australia.