CNBC Daily Public: Trade War Begins


jakub porzycki | Parenting | Getty Images

U.S. President Donald Trump’s tariffs and subsequent actions by other countries have a shadow on investors’ portfolios. After the announcement, the market was mostly landing around the world, and the sell-off has expanded to Monday.

Trump and His government has been very rebelliousThe U.S. president said “it’s not easy” and urged Americans to be in a Truth Society Position Friday afternoon.

On weekends, Reportedly the EU Tariffs are also ready to target import targets of up to $28 billion, marking the latest escalation in the conflict. China and Canada Retaliation measures were also announced last week.

Due to this market loss, the expected rise in consumer prices and the increased risk of suffering a tariff recession, it is difficult to see what Trump said in 2018 is like “victory”The trade war is very good and it is easy to win!

— Lim Hui Jie

What you need to know today

The market will expand losses
US stock futures fall On Sunday night, the third day of losses will be made after a two-day historical stock market crash. Dow Jones Industrial Average Futures It fell 1,531 points, or 4% Sunday night, noting another brutal meeting on Monday. S&P 500 Futures Throw 4%. Nasdaq 100 Futures Loss 4%. On Friday, Dow and S&P 500 see their worst losses Since 2020, Nasdaq Composite has entered a bear market after recording a 6% loss.

Crypto joins the market and crashes
Bitcoin fall Less than $79,000 On Sunday, as investors prepare, efforts were made to make more volatility in financial markets. Cryptocurrencies fell 15% in 2025, No cryptospecific catalystscryptocurrencies are expected to continue to be with stocks as concerns over the global recession mask any regulatory backlash.

“Tariffs are coming”: Commerce Minister Lutnik
Commerce Secretary Howard Lutnick said The White House won’t postpone it Reciprocal tariff date on April 9. Speech CBS’ “Facing the Country” “They will definitely stay in a few days and weeks,” Lutnick said Sunday, “and the president needs to reset the global trade. Everyone has a trade surplus, and we have a trade deficit. ”

Continuous refutation of the fear of recession
Finance Minister Scott Bessent on Sunday Dismissed American concerns There could be a potential for the upcoming recession and retirement plan status, saying President Donald Trump and his administration are “building a long-term foundation for economic prosperity.” In accepting NBC News’ speech “See the Press”, Becent called it a “false narrative” that Americans who are close to retire may be taciturn after saving retirement because it may drop this week due to stock market declines. “In fact, most Americans don’t have everything on the market,” Bessent added.

(Pro)

Berkshire Hathaway weather market crashes
Warren Buffett’s Berkshire Hathaway outstanding Better than the S&P 500 During a brutal week, investors embraced the security of a cash-rich business, with less losses compared to a wide market index. Berkshire, which also owns large manufacturing, energy and retail businesses, is still growing about 8% this year.

at last…

A man showed a cell phone next to the stock on the Hong Kong Henson Index on April 3, 2025.

Peter Park | AFP | Getty Images

China says “markets have already spoken” after Trump tariffs spark global stocks

Chinese Foreign Ministry Saturday “The market has made a statement” after the U.S. imposed new tariffs and called on the White House to weaken the escalating trade war through “equal consultation.”

This is the US market Smash down Friday for the second consecutive day, all three main indexes Decline over 5% As a Global collapse.

Market turmoil intensified when China’s Ministry of Finance Announce Starting April 10, it will impose a 34% tariff on all goods imported from the United States.



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