Headlines and Quotations
Yahoo Finance
Trump’s economic team faces flood of tariff critiques — even from top White House allies
- more than 50 countries have reached out to begin negotiations
- Musk posted that “a PhD in Econ from Harvard is a bad thing”
- if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th.
Bloomberg
The 7-Minute $2.5 Trillion Stock Rally Confounds Wary Investors
- The rumors only lasted about seven minutes.
- “There’s no question that if Trump woke up tomorrow and said, ‘you know what? I’m not doing this’ the markets would just move back to a new high,” said Ross Gerber
China Vows ‘Fight to the End’ on Tariffs as It Props Up Markets
Reuters
Chinese LNG buyers resell US cargoes as tariffs bite
- China, the world’s largest buyer of liquefied natural gas, imported no U.S. LNG during March, data from Kpler and LSEG show.
Hong Kong leader says city will sign more free trade pacts amid ‘ruthless’ US tariffs
