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Financial markets have soared after US President Donald Trump announced a 90-day "pause" on the tariffs against countries who have not retaliated against the US.
The pause means a "universal 10%" tariff will be in place for all countries, other than China, White House Press Secretary Karoline Leavitt confirmed.
The White House also said it was introducing a 125% tariff on China "effective immediately”.
The NASDAQ index went up 9% and the S&P 500 index rose 8% following the news.
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#US #China #BBCNews
ABC News’ Jon Karl offers analysis on what led to President Donald Trump’s pause of his sweeping new tariffs.
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China has urged the US to meet it "halfway" amid the spiralling trade war. Beijing repeated that it will "fight to the end" if a deal cannot be reached. The foreign ministry added that while China is not interested in a fight, it is not afraid of more tariffs. Beijing also warned that US President Trump's tariffs go "against the whole world", given the damage they do to trading systems and the threat they pose to the stability of the global economic order. Tan Si Hui and Nick Harper report.
Trade War Deepens: China Hits Back as Trump Raises Tariffs to 145% | Vantage with Palki Sharma |N18G
Trade War Deepens: China Hits Back as Trump Raises Tariffs to 145% | Vantage with Palki Sharma | N18G
The US-China trade war is spiralling fast. With tit-for-tat tariffs now reaching unprecedented levels—145% by the US and 125% by China—the world’s two biggest economies have locked horns in what is fast becoming an economic standoff. Beijing has declared its latest tariff hike its final move, calling the escalating figures “a joke.” While Trump claims a deal is possible, Xi Jinping has made clear China will not compromise under pressure. Beyond tariffs, China is targeting US businesses, travellers, students. As both sides dig in, the global economy hangs in the balance.
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China | Xi Jinping | Trump Trade War | Trump Tariffs | Donald Trump | China Tariffs | Trump | Tariffs | Trump Tariff War | Trump Tariff Threat | Trump Trade Tariffs | US China Trade War | Trump China Trade War | Trump China Tariff | Trump Tariffs China | US China Tariffs | China Tariffs on US | USA | Tariff | Trump Reciprocal Tariffs | Reciprocal Tariffs | Trump Administration | Auto Tariffs | Trump Tariff | President Donald Trump | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#china #usa #xijinping #trump #globalmarkets #tradewar #tariffs #tariffimpact #live #trump #livenow #donaldtrump #stockmarket #stockmarketlive #unitedstates #trumptariffs #news #donaldtrumpnews #usnews #trumpnews #donaldtrumpspeech #stockmarketupdates #sharemarkettoday #businessnewstoday #trumpnews #ShareMarkets #marketnews #sharemarket #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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Beth Benike, CEO of the small company Busy Baby, explains how President Donald Trump's tariffs and trade war are affecting her business. Benike was just named Minnesota's Small Businessperson of the year and has just gotten her products onto the shelves of Walmart and Target. #CNN #News
Amazon sellers are reeling amid Trump's 125% tariffs on Chinese goods, telling CNBC they will need to raise prices and could go out of business. Up to 70% of goods on Amazon are imported from China. Seven of the eight U.S.-based Amazon sellers CNBC talked to said that manufacturing in the U.S. isn't financially possible, despite tariffs. One positive: Trump did close a loophole that was helping direct-from-China sellers on Temu and Shein undercut U.S. seller prices. The "de minimis" exemption that allowed goods under $800 to avoid all taxes and duties will end on May 2.
Update: On April 10, 2025, the White House clarified to CNBC that tariffs on imports from China now effectively total 145%.
Chapters:
0:00 Introduction
1:40 Trump tariffs and price hikes
5:10 China made, U.S. based
8:01 Reviving U.S. manufacturing?
11:24 Ending de minimis
Produced and shot by: Katie Tarasov
Edited by: Matthew Soto
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Mallory Brangan
Additional Footage: Amazon, Basic Fun, Genius Games, Getty Images, Portable Winch, Teamson, Vyper Industrial, Zest
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How Trump’s China Tariffs Could Shutter Amazon Sellers In The U.S.
China has raised tariffs on US goods to 125% as the trade war with the US over Donald Trump's global tariffs escalates.
Beijing faces a 145% levy on some of its goods imported to the US.
President Xi Jinping called on the EU to join Beijing in opposing "bullying" from the US, and said "there are no winners in a tariff war".
Despite this, Donald Trump said he is still hoping to secure a deal with Beijing, adding they would "end up working something out that's very good for both countries".
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"Shark Tank" star and investor Kevin O'Leary tells CNN's Laura Coates he thinks President Trump's tariffs on China aren't high enough and calls for a 400% tariff on the country. #CNN #News
China will raise tariffs on all US goods from 84% to 125% starting April 12, and said it plans to ignore any further increases announced by Washington from here because the Trump administration’s moves have become “a joke.” Bloomberg's Rosalind Mathieson and Goldman Sachs' Christian Mueller-Glissman react to the news and its likely impact on markets and the economy. They speak on Bloomberg Television.
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President Trump's sweeping new tariffs take effect, the Supreme Court pauses a judge's order to reinstate some fired federal workers and severe weather hits the Southeast and Mid-Atlantic.
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#Trump #Tariffs #Economy
Non-profit Work: What makes non-profits unique? (Specifically looking at the YMCA)
After a semesterʻs worth of researching and writing on a topic of their choice. Students are required to prepare a capstone proposal. Designed as a major means of outcome assessment, the proposal is a summative measure of the students learning in multiple ways.
The Alleghany Highlands YMCA, with its plethora of activities and programs, was named the 2024 Non-Profit organization of the year at the 46th Annual Alleghany Highlands Chamber of Commerce & Tourism dinner held at the Greenbrier Resort on Sat., March 15, 2025.
John Nystrom, CEO of Marshfield Clinic Health System YMCA, explains why he chose Forward Bank as their financial partner. The most favorable quote turned into a long-lasting relationship that has been built on expertise, insight and experience.
The Corona Chamber of Commerce Installation and Award Gala Night!
The Berwyn Non-Profit Award has been created to honor and give recognition to the passion and impact of a Berwyn based non-profit organization. This award celebrates Berwyn’s “Non-Profit of the Year” and its commitment of improving and enhancing the City of Berwyn, its community, and residents. This commitment to the betterment of Berwyn is fueled by passion, expertise, and hard work.
The BDC is pleased to announce the Pav YMCA as this year’s winner! The Pav YMCA was founded in 1970 and sees nearly half a million people enter their facility every year. The Y has programs for everyone regardless of age, income, or background- creating an opportunity to learn, grow and thrive. Their Scholarship Program ensures no one is ever turned away due to their inability to pay membership fees.
This organization does amazing work with families and especially the children in our community. We are proud to have partnered with them for over 30 years.
Randy Lovelace of Paragon Independent Insurance Agencies introduces the Hello Woodlands Nonprofit of the Month, The Woodlands Family YMCA, and interviews Chris Butsch, YMCA District Executive Director, and Roxanne Davis, YMCA Community Liaison. Watch our video interview and learn more at https://hellowoodlands.com/non....profit-of-the-month-
ABOUT THE WOODLANDS FAMILY YMCA
The YMCA is Not a Place. They are A Purpose. You might know the YMCA as gym, but others in the community know them as much more. They are more than buildings and programs. They exist to bring real change to issues affecting our neighbors. Though the world may be unpredictable, one thing remains certain – the Y is, and always will be, dedicated to building healthy, confident, secure and connected children, families and communities.
The Cause: The Y is a cause-driven organization that is for youth development, for healthy living and for social responsibility. A strong community can only achieved when they invest in our kids, our health and our neighbors. Building on their long history of supporting communities, as well as responding to critical needs, the Y is committed to addressing social isolation, food insecurity, health disparities, learning gaps, racial inequity, and more.
Areas of Focus: All of the Y's programs and community initiatives fall into one or more of the following focus areas: Healthier Families, Empowering Youth, and Inclusive Communities. Our core programs include Swimming, Sports, Community, Health & Fitness, Enrichment, Child Care and Camps. For more information on all the YMCA program offerings: https://ymcahouston.org/programs
Become an Agent of Change. The Y is proud to offer flexible membership options for every person and family designed to help you live your safest and healthiest life. Find motivation, support and community connections at the Y. In addition to accessing all YMCA centers in Greater Houston and all the programs that you love, your membership will now give you the power to help those in our community who need the Y most. https://ymcahouston.org/impact-membership
Be the Change. The YMCA believes the Y is uniquely suited to meet our community’s needs. And they continue to prove it every day. There never has been a more critical time to support the work on the YMCA. Learn about their impact and support their efforts. When you invest in the Y, your dollars directly benefit individuals in your community. Help the Y deliver on our cause through a charitable donation to make their mission impact possible. https://ymcahouston.org/give-form
Learn more about The Woodlands Family YMCA’s Shadowbend located at 6145 Shadowbend Place by visiting https://ymcahouston.org/locati....ons/woodlands-family Learn more about The Woodlands Family YMCA’s Branch Crossing located at 8100 Ashlane Way by visiting https://ymcahouston.org/locati....ons/woodlands-family 281-367-9622.
ABOUT RANDY LOVELACE
To learn more about Randy Lovelace, his “Referral for a Cause” program to help local nonprofit organizations, and of Paragon Independent Insurance Agencies, please call (281) 298-0440, email rlovelace@paragoninsagencies.com or visit www.paragoninsagencies.com/woodlands.