April 7, 2025
US
•07.04.2025
•Monday
•141 days ago
•⌨
Global markets crashed spectacularly as Trump's tariff standoff intensified. Asian markets plummeted first, with Japan's Nikkei dropping nearly 8%, followed by European markets and then US stocks, with the S&P 500 briefly entering bear market territory.
Trump remained defiant throughout the day, calling tariffs "medicine" and labeling critics "PANICANS." By afternoon, he escalated tensions with an ultimatum threatening China with additional 50% tariffs if Beijing doesn't withdraw its 34% retaliatory measures by Tuesday.
The EU offered a "zero-for-zero" tariff resolution on industrial goods, showing willingness to negotiate. Netanyahu met with Trump and discussed eliminating Israeli tariffs on US goods.
In immigration news, the Supreme Court handed Trump a victory in a 5-4 decision allowing deportations of Venezuelan migrants to continue under the Alien Enemies Act, temporarily halting a lower court's order to return a deported man from El Salvador.
Trump remained defiant throughout the day, calling tariffs "medicine" and labeling critics "PANICANS." By afternoon, he escalated tensions with an ultimatum threatening China with additional 50% tariffs if Beijing doesn't withdraw its 34% retaliatory measures by Tuesday.
The EU offered a "zero-for-zero" tariff resolution on industrial goods, showing willingness to negotiate. Netanyahu met with Trump and discussed eliminating Israeli tariffs on US goods.
In immigration news, the Supreme Court handed Trump a victory in a 5-4 decision allowing deportations of Venezuelan migrants to continue under the Alien Enemies Act, temporarily halting a lower court's order to return a deported man from El Salvador.
Israel
•07.04.2025
•Monday
•141 days ago
•⌨
Netanyahu arrived in Washington as Hamas launched rockets at southern Israel, injuring several in Ashkelon. The morning was dominated by former Shin Bet chief Yoram Cohen's explosive revelation that Netanyahu once asked him to disqualify Bennett from the security cabinet based on false military service claims. Bennett responded that Netanyahu suffered from "paranoia" and wanted to "eliminate" him.
Security forces arrested nine suspected infiltrators on Highway 6 after a dramatic chase, while reports emerged of a new Egyptian proposal offering to release 8 hostages in exchange for a 40-70 day ceasefire.
During his White House meeting with Netanyahu, Trump unexpectedly announced direct talks with Iran would begin Saturday, warning Tehran would be "in great danger" if negotiations failed. Netanyahu expressed conditional support for a deal that would "fully stop Iran's nuclear program" while promising to resolve trade barrier issues with the US.
Security forces arrested nine suspected infiltrators on Highway 6 after a dramatic chase, while reports emerged of a new Egyptian proposal offering to release 8 hostages in exchange for a 40-70 day ceasefire.
During his White House meeting with Netanyahu, Trump unexpectedly announced direct talks with Iran would begin Saturday, warning Tehran would be "in great danger" if negotiations failed. Netanyahu expressed conditional support for a deal that would "fully stop Iran's nuclear program" while promising to resolve trade barrier issues with the US.
Germany
•07.04.2025
•Monday
•141 days ago
•⌨
Global markets crashed spectacularly with the DAX opening down 10%, creating a "Black Monday" atmosphere not seen since the pandemic. The collapse, triggered by Trump's escalating tariff policies, dominated coverage throughout the day.
By morning, financial app Trade Republic experienced outages as panic selling intensified. German automakers began suspending exports to the US, while some analysts suggested Trump may have deliberately engineered the crash to weaken the dollar.
By midday, the EU Commission proposed eliminating all industrial tariffs in a "zero-for-zero" offer, which Trump promptly rejected. Market volatility increased after a Trump advisor's comments falsely suggested a 90-day tariff pause.
Security concerns persisted with Duisburg schools closed due to right-wing threats, while police hunted for Alexander Meisner following a triple homicide in Westerwald. Evening coverage focused on whether these events signaled the "end of the American era."
By morning, financial app Trade Republic experienced outages as panic selling intensified. German automakers began suspending exports to the US, while some analysts suggested Trump may have deliberately engineered the crash to weaken the dollar.
By midday, the EU Commission proposed eliminating all industrial tariffs in a "zero-for-zero" offer, which Trump promptly rejected. Market volatility increased after a Trump advisor's comments falsely suggested a 90-day tariff pause.
Security concerns persisted with Duisburg schools closed due to right-wing threats, while police hunted for Alexander Meisner following a triple homicide in Westerwald. Evening coverage focused on whether these events signaled the "end of the American era."
France
•07.04.2025
•Monday
•141 days ago
•⌨
Global financial markets suffered a dramatic crash as Trump's universal 10% tariff floor took effect. Asian markets opened with Hong Kong falling 13.12%, its largest drop since 1997. European bourses followed suit, with the CAC 40 plunging over 6%, its worst day in three years.
French Commerce Minister Laurent Saint-Martin warned that European retaliation could be "extremely aggressive," as Trump threatened China with additional 50% tariffs if Beijing maintained its retaliatory measures. The EU proposed elimination of industrial tariffs, which Trump deemed "not sufficient."
Meanwhile, French authorities announced the arrest of three young men for allegedly planning a terrorist bombing in northern France. One suspect was described as "highly radicalized."
In the evening, a major fire broke out at a waste sorting center in Paris's 17th arrondissement, with authorities reassuring that no toxicity had been detected.
French Commerce Minister Laurent Saint-Martin warned that European retaliation could be "extremely aggressive," as Trump threatened China with additional 50% tariffs if Beijing maintained its retaliatory measures. The EU proposed elimination of industrial tariffs, which Trump deemed "not sufficient."
Meanwhile, French authorities announced the arrest of three young men for allegedly planning a terrorist bombing in northern France. One suspect was described as "highly radicalized."
In the evening, a major fire broke out at a waste sorting center in Paris's 17th arrondissement, with authorities reassuring that no toxicity had been detected.
Lebanon
•07.04.2025
•Monday
•141 days ago
•⌨
Global markets plunged into what newspapers termed a "black day" following Trump's proposed tariffs, with European and Asian bourses experiencing significant drops while the American president maintained his position. Warren Buffett emerged as the "only survivor" amid massive investor losses.
US envoy Morgan Ortagus's diplomatic efforts in Lebanon continued to generate coverage, with Lebanon reportedly pledging to disarm Hezbollah. President Aoun emphasized that "no place exists for any weapons or armed groups except within the state framework" and issues would be resolved through "communication and dialogue."
Israeli strikes targeted a Hezbollah artillery commander at a motorcycle repair shop in Al-Taybeh and later struck a car in Beit Lif, injuring its driver. The most significant military development came late in the day when the Lebanese army reportedly flew over southern Lebanon for the first time in 47 years.
In a notable diplomatic shift, Trump revealed direct negotiations with Iran, while Netanyahu claimed Israel was working on a new Gaza hostage deal.
US envoy Morgan Ortagus's diplomatic efforts in Lebanon continued to generate coverage, with Lebanon reportedly pledging to disarm Hezbollah. President Aoun emphasized that "no place exists for any weapons or armed groups except within the state framework" and issues would be resolved through "communication and dialogue."
Israeli strikes targeted a Hezbollah artillery commander at a motorcycle repair shop in Al-Taybeh and later struck a car in Beit Lif, injuring its driver. The most significant military development came late in the day when the Lebanese army reportedly flew over southern Lebanon for the first time in 47 years.
In a notable diplomatic shift, Trump revealed direct negotiations with Iran, while Netanyahu claimed Israel was working on a new Gaza hostage deal.
Ukraine
•07.04.2025
•Monday
•141 days ago
•⌨
The aftermath of the Kryvyi Rih attack continued with 53 people hospitalized, 20 in serious condition. France24 released video proving Russia's claim of military presence at the restaurant was false. Trump repeatedly condemned the bombings, saying Russia was "bombing like crazy" and calling it "horrible," while claiming to be in talks with Russia.
Military analyses showed Russian advance rates decreased 3-5 times since autumn due to successful Ukrainian counterattacks, with Russia losing approximately 146 soldiers per square kilometer on the eastern front.
The Ministry of Defense prepared a demobilization law that would release 100,000 soldiers after 36 months of service, but the General Staff opposed it. Ukrainian refugees in the EU face uncertain status if a ceasefire occurs.
By evening, Zelensky confirmed Ukrainian forces' presence in Russia's Belgorod and Kursk regions following Commander-in-Chief Syrskyi's briefing. Ukraine also announced developing 20 new fiber optic drone models in 2025.
Military analyses showed Russian advance rates decreased 3-5 times since autumn due to successful Ukrainian counterattacks, with Russia losing approximately 146 soldiers per square kilometer on the eastern front.
The Ministry of Defense prepared a demobilization law that would release 100,000 soldiers after 36 months of service, but the General Staff opposed it. Ukrainian refugees in the EU face uncertain status if a ceasefire occurs.
By evening, Zelensky confirmed Ukrainian forces' presence in Russia's Belgorod and Kursk regions following Commander-in-Chief Syrskyi's briefing. Ukraine also announced developing 20 new fiber optic drone models in 2025.
Palestine
•07.04.2025
•Monday
•141 days ago
•⌨
Israeli airstrikes targeting a journalists' tent near Nasser Hospital in Khan Younis dominated Palestinian media, with multiple sources reporting journalists "burned alive" in the attack. The death increased the total journalist fatalities to 210 during the war.
A general strike swept across the West Bank and Jerusalem in solidarity with Gaza, described as part of a global movement against what sources term "genocide." Health officials reported Gaza's death toll reached 50,752 with 115,475 injured.
By afternoon, reports emerged of Egypt presenting a new ceasefire proposal with Israel expressing reservations about some provisions. Israeli Finance Minister Smotrich reportedly admitted using starvation as a weapon, stating "not a grain of wheat will enter Gaza."
In evening coverage, Trump expressed hope for ending the Gaza war during his meeting with Netanyahu, who allegedly discussed displacing Palestinians, claiming countries were willing to accept Gazans.
A general strike swept across the West Bank and Jerusalem in solidarity with Gaza, described as part of a global movement against what sources term "genocide." Health officials reported Gaza's death toll reached 50,752 with 115,475 injured.
By afternoon, reports emerged of Egypt presenting a new ceasefire proposal with Israel expressing reservations about some provisions. Israeli Finance Minister Smotrich reportedly admitted using starvation as a weapon, stating "not a grain of wheat will enter Gaza."
In evening coverage, Trump expressed hope for ending the Gaza war during his meeting with Netanyahu, who allegedly discussed displacing Palestinians, claiming countries were willing to accept Gazans.
UK
•07.04.2025
•Monday
•141 days ago
•⌨
Global markets experienced severe turmoil as Trump's tariff "medicine" took effect. Asian markets opened with steep declines, setting the tone for a day of financial panic. By morning, European markets followed suit with the FTSE 100 plunging 6% to a one-year low.
Trump remained defiant throughout the day, dismissing calls for a tariff pause while threatening China with an additional 50% tariff if Beijing didn't withdraw its 34% retaliatory levies. BlackRock's CEO stated the US was "probably in recession" while Goldman Sachs raised recession chances to 45%.
Prime Minister Starmer characterized the tariffs as a "huge challenge" as his government prepared a response to protect British interests. Meanwhile, France warned the EU could take "extremely aggressive" actions against US tariffs, while the EU offered a "zero-for-zero tariff" arrangement on industrial goods.
By day's end, most US markets closed down after a rollercoaster trading session, with growing fears of an "economic nuclear winter."
Trump remained defiant throughout the day, dismissing calls for a tariff pause while threatening China with an additional 50% tariff if Beijing didn't withdraw its 34% retaliatory levies. BlackRock's CEO stated the US was "probably in recession" while Goldman Sachs raised recession chances to 45%.
Prime Minister Starmer characterized the tariffs as a "huge challenge" as his government prepared a response to protect British interests. Meanwhile, France warned the EU could take "extremely aggressive" actions against US tariffs, while the EU offered a "zero-for-zero tariff" arrangement on industrial goods.
By day's end, most US markets closed down after a rollercoaster trading session, with growing fears of an "economic nuclear winter."
Iran
•07.04.2025
•Monday
•141 days ago
•⌨
Morning reports featured Trump's claim that Iran orchestrated the October 7 attack on Israel ahead of Netanyahu's Washington visit. President Pezeshkian emphasized Iran won't negotiate "with humiliation," stating America must prove genuine interest in talks while acknowledging Iran's "generous offer." By midday, Foreign Ministry spokesman Baqai revealed Iran received no response from the US regarding indirect talks, with Oman mentioned as a potential mediator.
Against this backdrop, economic indicators deteriorated with gold coins reaching 99 million tomans and the dollar climbing to 106,000 tomans. Global markets experienced "Black Monday" with 10% drops amid Trump's tariff threats against China.
By evening, the diplomatic narrative dramatically shifted when Trump claimed during Netanyahu's White House visit that "we are in direct talks with Iran," contradicting all Iranian statements. Netanyahu reportedly requested implementing a "Libya model" for dismantling Iran's nuclear program.
Against this backdrop, economic indicators deteriorated with gold coins reaching 99 million tomans and the dollar climbing to 106,000 tomans. Global markets experienced "Black Monday" with 10% drops amid Trump's tariff threats against China.
By evening, the diplomatic narrative dramatically shifted when Trump claimed during Netanyahu's White House visit that "we are in direct talks with Iran," contradicting all Iranian statements. Netanyahu reportedly requested implementing a "Libya model" for dismantling Iran's nuclear program.
Russia
•07.04.2025
•Monday
•141 days ago
•⌨
Alexander Ovechkin's record-breaking 895th NHL goal dominated Russian media throughout the day, with Putin personally congratulating him. This sports triumph overshadowed escalating economic turmoil as Russian oil prices plummeted 25% below budget projections. Markets crashed globally following Trump's tariff announcements, with American indices falling 2-3%.
Military claims continued with reports of Ukrainian forces losing $2.7 billion worth of NATO equipment in Kursk region. Peace negotiations gained visibility as Peskov stated Putin supports a ceasefire in Ukraine while demanding guarantees from Kyiv. Russian sovereign fund chief Kirill Dmitriev emerged as a key diplomatic backchannel following his recent US visit.
Trump further escalated trade tensions by threatening China with 50% tariffs if Beijing enacted countermeasures, while the European Commission proposed retaliatory 25% tariffs on US goods. By evening, Trump announced direct negotiations with Iran on a nuclear deal.
Military claims continued with reports of Ukrainian forces losing $2.7 billion worth of NATO equipment in Kursk region. Peace negotiations gained visibility as Peskov stated Putin supports a ceasefire in Ukraine while demanding guarantees from Kyiv. Russian sovereign fund chief Kirill Dmitriev emerged as a key diplomatic backchannel following his recent US visit.
Trump further escalated trade tensions by threatening China with 50% tariffs if Beijing enacted countermeasures, while the European Commission proposed retaliatory 25% tariffs on US goods. By evening, Trump announced direct negotiations with Iran on a nuclear deal.
Italy
•07.04.2025
•Monday
•141 days ago
•⌨
Global markets suffered historic losses as Asian exchanges opened with dramatic falls - Tokyo down 7%, Hong Kong 13% - followed by European markets with Milan losing 5.4%. The three-day bloodbath erased €10 trillion in market value.
Trump maintained his hardline stance, calling tariffs "necessary medicine" while threatening China with an additional 50% tariff increase. Market chaos intensified midday when Reuters reported a potential 90-day tariff pause, causing a brief rebound before the White House labeled it "fake news."
By afternoon, von der Leyen offered "zero tariffs on industrial goods" while the EU drafted potential retaliatory measures of up to 25% on American products. Trump countered that "Europe must buy energy from the US."
Prime Minister Meloni convened a government task force and scheduled an April 16 visit to Washington, adopting the message that "trade wars benefit no one."
Trump maintained his hardline stance, calling tariffs "necessary medicine" while threatening China with an additional 50% tariff increase. Market chaos intensified midday when Reuters reported a potential 90-day tariff pause, causing a brief rebound before the White House labeled it "fake news."
By afternoon, von der Leyen offered "zero tariffs on industrial goods" while the EU drafted potential retaliatory measures of up to 25% on American products. Trump countered that "Europe must buy energy from the US."
Prime Minister Meloni convened a government task force and scheduled an April 16 visit to Washington, adopting the message that "trade wars benefit no one."
Japan
•07.04.2025
•Monday
•141 days ago
•⌨
The third-largest crash in Nikkei history dominated Japanese media as markets opened with a dramatic plunge below 31,000 points, a level not seen in 18 months. By early morning, losses exceeded 2,900 points as panic selling spread across Asia, with Hong Kong eventually falling 13%.
The market collapse directly continued the previous days' trade war escalation, with China's 34% retaliatory tariffs against the US triggering fears of global recession. Japanese corporations began revising FY2026 forecasts from growth to decline.
Prime Minister Ishiba's response evolved throughout the day, from emphasizing Japan's "fairness" in trade to holding a much-anticipated phone call with Trump by early afternoon. Their conversation resulted in an agreement to appoint cabinet-level tariff negotiators.
As Japan grappled with economic turmoil, Emperor Naruhito and Empress Masako visited Iwoto Island, beginning commemorations for the 80th anniversary of WWII's end.
The market collapse directly continued the previous days' trade war escalation, with China's 34% retaliatory tariffs against the US triggering fears of global recession. Japanese corporations began revising FY2026 forecasts from growth to decline.
Prime Minister Ishiba's response evolved throughout the day, from emphasizing Japan's "fairness" in trade to holding a much-anticipated phone call with Trump by early afternoon. Their conversation resulted in an agreement to appoint cabinet-level tariff negotiators.
As Japan grappled with economic turmoil, Emperor Naruhito and Empress Masako visited Iwoto Island, beginning commemorations for the 80th anniversary of WWII's end.
Netherlands
•07.04.2025
•Monday
•141 days ago
•⌨
The "Black Monday" global market crash dominated coverage, stemming directly from Trump's tariffs and China's 34% retaliatory measures from last week. Asian markets plummeted first, with Hong Kong experiencing its worst day in 28 years. The Amsterdam AEX followed with its largest drop since the pandemic, falling below 800 points.
By midday, investor websites became inaccessible due to panic, with financial institutions urging calm. Trump threatened additional 50% tariffs against China while claiming Americans must "suffer pain to stop US abuse." Minister Reinette Klever called for calm while reportedly advocating a strong European response.
The EU announced it would decide on countermeasures by Wednesday, signaling recognition that for Trump, tariffs are an end goal rather than leverage. Meanwhile, TenneT reported a surprising electricity surplus on the previously overloaded power grid, and reports emerged that lawyer Inez Weski had been held at an illegal detention facility.
By midday, investor websites became inaccessible due to panic, with financial institutions urging calm. Trump threatened additional 50% tariffs against China while claiming Americans must "suffer pain to stop US abuse." Minister Reinette Klever called for calm while reportedly advocating a strong European response.
The EU announced it would decide on countermeasures by Wednesday, signaling recognition that for Trump, tariffs are an end goal rather than leverage. Meanwhile, TenneT reported a surprising electricity surplus on the previously overloaded power grid, and reports emerged that lawyer Inez Weski had been held at an illegal detention facility.
India
•07.04.2025
•Monday
•141 days ago
•⌨
Global markets collapsed in response to Trump's tariffs, with the Sensex plunging 3,000-4,000 points and Nifty dropping over 1,000 points, erasing ₹19 lakh crore in investor wealth. The market decline dominated headlines throughout the day, connecting to previous days' trade tensions between the US and China.
By early afternoon, the government announced a ₹2 per liter hike in excise duty on petrol and diesel, though clarified retail prices wouldn't increase as oil companies would absorb the costs. Shortly after, LPG cylinder prices increased by ₹50 for both general consumers and Ujjwala beneficiaries.
Trump escalated tensions by threatening China with additional 50% tariffs unless it revoked its 34% levy within 24 hours. Meanwhile, the US Supreme Court rejected 26/11 Mumbai attack suspect Tahawwur Rana's plea against extradition to India, clearing his path for transfer from Los Angeles.
By early afternoon, the government announced a ₹2 per liter hike in excise duty on petrol and diesel, though clarified retail prices wouldn't increase as oil companies would absorb the costs. Shortly after, LPG cylinder prices increased by ₹50 for both general consumers and Ujjwala beneficiaries.
Trump escalated tensions by threatening China with additional 50% tariffs unless it revoked its 34% levy within 24 hours. Meanwhile, the US Supreme Court rejected 26/11 Mumbai attack suspect Tahawwur Rana's plea against extradition to India, clearing his path for transfer from Los Angeles.
Poland
•07.04.2025
•Monday
•141 days ago
•⌨
Financial markets dominated reporting, as Trump's tariff policies triggered what media termed a "market earthquake." By mid-day, the Warsaw Stock Exchange took the unprecedented step of suspending trading for an hour on all markets amid sharp declines. Prime Minister Tusk attempted to calm investors, stating Poland would "calmly endure," while the złoty lost substantial value.
Former PM Morawiecki described entering "a period of turbulence," urging consideration of American tariffs within broader US policy goals. The Kremlin called the situation "extremely unstable."
By evening, attention shifted to EU response with von der Leyen making a proposal to Trump, who reportedly deemed it "too little." Meanwhile, Zelensky confirmed Ukrainian forces had entered Russian territory in the Belgorod region.
Domestically, Justice Minister Bodnar established a commission to investigate alleged PiS-era repressions, while President Duda appointed 53 more neo-judges before the upcoming elections.
Former PM Morawiecki described entering "a period of turbulence," urging consideration of American tariffs within broader US policy goals. The Kremlin called the situation "extremely unstable."
By evening, attention shifted to EU response with von der Leyen making a proposal to Trump, who reportedly deemed it "too little." Meanwhile, Zelensky confirmed Ukrainian forces had entered Russian territory in the Belgorod region.
Domestically, Justice Minister Bodnar established a commission to investigate alleged PiS-era repressions, while President Duda appointed 53 more neo-judges before the upcoming elections.
Spain
•07.04.2025
•Monday
•141 days ago
•⌨
The market crisis triggered by Trump's tariffs intensified into a full "Black Monday," with Asian markets plummeting over 12% in early trading before European markets opened with catastrophic losses. Spain's Ibex 35 fell nearly 6%, continuing the bloodbath that began last Thursday.
By mid-morning, Catalan President Illa announced €1.5 billion in aid and credit to counter Trump's tariffs, with Barcelona separately committing €900 million to strengthen its economy. The national government prepared €5 billion in loan guarantees for affected companies.
Von der Leyen offered Trump zero tariffs on industrial products, proposing a "zero for zero" approach, while Trump escalated tensions by threatening China with additional 50-104% tariffs. Wall Street opened with steep losses but managed to stabilize by day's end, contrasting with European markets which closed down more than 4%, having lost €1.3 trillion in just three trading sessions.
By mid-morning, Catalan President Illa announced €1.5 billion in aid and credit to counter Trump's tariffs, with Barcelona separately committing €900 million to strengthen its economy. The national government prepared €5 billion in loan guarantees for affected companies.
Von der Leyen offered Trump zero tariffs on industrial products, proposing a "zero for zero" approach, while Trump escalated tensions by threatening China with additional 50-104% tariffs. Wall Street opened with steep losses but managed to stabilize by day's end, contrasting with European markets which closed down more than 4%, having lost €1.3 trillion in just three trading sessions.
Turkey
•07.04.2025
•Monday
•141 days ago
•⌨
Morning headlines reported the CHP Party Council vote completed successfully, with Özgür Özel's "key list" prevailing, framed as blocking an internal "congress coup attempt". This followed yesterday's controversial speech where Özel called Erdoğan's government a "junta".
By mid-morning, MHP leader Bahçeli responded harshly to Özel's "junta" comments, calling them "delusions of someone obsessed with coups," while government officials continued their condemnation from yesterday.
Economic concerns dominated afternoon coverage as global stock markets experienced what papers called "Black Monday," with analysis of how Turkey might navigate Trump's tariff policies. Turkish media demonstrated rare unity when news bulletins opened with coverage of journalists killed by Israeli bombing of a Gaza media tent.
Late afternoon saw the reopening of Şişli's City Restaurants, with first meals funded by detained Mayor İmamoğlu, whose lawyers filed an appeal against his detention. News also emerged that DEM Party-Erdoğan meetings would occur this week.
By mid-morning, MHP leader Bahçeli responded harshly to Özel's "junta" comments, calling them "delusions of someone obsessed with coups," while government officials continued their condemnation from yesterday.
Economic concerns dominated afternoon coverage as global stock markets experienced what papers called "Black Monday," with analysis of how Turkey might navigate Trump's tariff policies. Turkish media demonstrated rare unity when news bulletins opened with coverage of journalists killed by Israeli bombing of a Gaza media tent.
Late afternoon saw the reopening of Şişli's City Restaurants, with first meals funded by detained Mayor İmamoğlu, whose lawyers filed an appeal against his detention. News also emerged that DEM Party-Erdoğan meetings would occur this week.
China
•07.04.2025
•Monday
•141 days ago
•⌨
Asian markets opened to their worst trading day since the 1997 financial crisis, with Chinese stocks plummeting over 7% and Hong Kong's Hang Seng experiencing a 13.22% drop. This "Black Monday" followed Trump's "reciprocal tariffs" and China's retaliatory measures announced last week.
By mid-morning, China's "national team" intervened with Central Huijin Investment purchasing A-shares to stabilize markets. Beijing instructed foreign companies like Tesla and GE Healthcare to blame Washington for the turmoil.
Throughout the day, state media maintained its synchronized messaging strategy. Multiple outlets simultaneously published identical articles on "learning from Xi's classical references" in the morning, followed by coordinated pieces on "ecological environmental protection supervision" by afternoon. The publication of "Xi Jinping's Selected Works on Economics" was highlighted amid the market chaos.
Trump escalated tensions further, threatening additional 50% tariffs if Beijing doesn't drop its countermeasures.
By mid-morning, China's "national team" intervened with Central Huijin Investment purchasing A-shares to stabilize markets. Beijing instructed foreign companies like Tesla and GE Healthcare to blame Washington for the turmoil.
Throughout the day, state media maintained its synchronized messaging strategy. Multiple outlets simultaneously published identical articles on "learning from Xi's classical references" in the morning, followed by coordinated pieces on "ecological environmental protection supervision" by afternoon. The publication of "Xi Jinping's Selected Works on Economics" was highlighted amid the market chaos.
Trump escalated tensions further, threatening additional 50% tariffs if Beijing doesn't drop its countermeasures.
Live Global View ⟶