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04.04.2025

04.04.2025Black Friday Market Bloodbath

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This page is an archive of main headlines from Spain for 04.04.2025.

It displays 104 headlines from many sources chronologically, as they appeared throughout the day, accompanied by AI overviews that were written in real time.

04.04.2025Black Friday Market Bloodbath
The market collapse that began with Trump's tariff announcements evolved into a full-scale global financial disaster. Morning reports showed the Ibex 35 plummeting, initially by 3.5%, then accelerating to 4%, 6%, and finally closing down 5.83% – its worst performance since the pandemic. Banking stocks collapsed by 10%, while Wall Street simultaneously crashed nearly 6%, wiping out €1.5 trillion in market value.

China responded to Trump's tariffs with reciprocal 34% duties on US imports, escalating the trade war. Notably, Russia received exemption from Trump's tariffs, interpreted as strategic negotiation leverage regarding Ukraine.

Spain's political response fractured along partisan lines initially, with PP councilors boycotting government meetings, though by afternoon PP and PSOE approached agreement on a unified response. Experts criticized Sánchez's anti-tariff plan as "disproportionate" and lacking direct aid to affected sectors.
04.04.2025

03:43Global Markets Crash Under Trump Tariff Threats

The newspapers report extensively on a "black day" for global stock markets, with Wall Street experiencing its worst fall since the pandemic (RTVE, El Español, El Periódico). The collapse is attributed to Trump's tariff threats that analysts fear could trigger a worldwide recession (El Español, El Mundo, RTVE). Meanwhile, domestic politics show tension between PP and Vox parties over Abascal's affinity with Trump (La Razón). In legal news, a judge has blocked mansions owned by Cepsa's former president and auctioned his Aston Martin (El Confidencial), while prosecutors have accepted a historic first complaint for Franco-era torture (El Salto).
04:08
04:42
05:51
06:51

07:01Spain Scrambles To Counter Trump Tariff Threat

The newspapers continue extensive coverage of Trump's tariff threats and responses. The Spanish government is engaging with parliamentary groups to address the crisis (RTVE, 20minutos), with reports describing Sánchez's plan as "deceptive" (La Razón) and analyzing three possible scenarios (20minutos). Market regulators have changed criteria for BBVA's takeover bid consultation (El País). Environmental news highlights that Catalan aquifers have recovered to pre-drought levels thanks to recent rains (El Periódico). Other headlines report on Ukraine's difficult position (La Vanguardia) and allegations that PP concealed contracts between the Galician government and Feijóo's sister's company (Público).
08:00
08:17
10:02

10:56China Slaps 34% Tariffs On US As European Markets Crash

The newspapers extensively report on a major global trade conflict with China imposing 34% additional tariffs on US imports in response to Trump's measures (Público). This trade war is causing severe market turmoil with Spain's Ibex plummeting nearly 4% mid-morning (La Razón, RTVE), specifically due to banking sector collapse. Analysts warn the tariffs threaten to push Germany into recession with potential contagion to Spain (20minutos). In domestic news, Spain's political parties are attempting unity with PP and PSOE approaching agreement on a unified response to Trump's "trade war" (El Plural), while the Catalan government analyzes industrial areas for potential sectoral legislation involving 45,970 companies (El Periódico).
11:28
11:45
12:53

13:37Ibex Plunges 6% As Banking Sector Collapses

The newspapers report extensively on market turmoil with Spain's Ibex plummeting 6% due to banking collapse (La Razón, RTVE). Trump has exempted Russia from tariffs to negotiate over Ukraine (El Mundo), while experts criticize Sánchez's anti-tariff plan as "disproportionate" and lacking direct aid (El Periódico). Housing protests are scheduled for April 5 as Andalusian property prices reach historic highs (El Salto). PP councilors boycotted Bolaños' meeting on judicial reform (infoLibre), while the government has referred a pro-Franco association and a Vox deputy to prosecutors (El Plural).
15:19

16:55Ibex Crashes 6% In Historic Market Bloodbath

The newspapers report extensively on a historic stock market collapse, with Spain's Ibex 35 plummeting nearly 6% in its worst day since the pandemic (El Periódico, La Razón, RTVE). This market crash is linked to escalating trade war fears following Trump's tariff announcements, with major European and American indexes also falling over 4% (El Periódico, 20minutos). Trump has notably exempted Russia from these tariffs (El Mundo), while the UK is seeking to negotiate despite facing half the tariff rate of the EU (El País). Meanwhile, NATO Secretary General Rutte has defended Trump while demanding increased military spending to 5% (Público).
17:36
18:53
19:02
19:10
19:19
19:37
20:02
20:11
20:36

20:55Wall Street Plunges 6% In Historic Market Collapse

The newspapers report extensively on a historic stock market crash with Wall Street dropping nearly 6% in a "black Friday" due to escalating trade war fears (La Razón, RTVE, 20minutos). The exemption of Russia from Trump's tariffs is highlighted as strengthening Putin's position against Europe (Público, El Mundo). Meanwhile, domestic news features a major police operation against repeat offenders with over 1,000 agents deployed across Barcelona metropolitan area (El Periódico). Supermarkets are facing supply shortages, higher prices, and reduced product variety according to some reports (Libertad Digital).