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07.04.2025

07.04.2025Black Monday Of Global Market Collapse

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This page is an archive of main headlines from Spain for 07.04.2025.

It displays 106 headlines from many sources chronologically, as they appeared throughout the day, accompanied by AI overviews that were written in real time.

07.04.2025Black Monday Of Global Market Collapse
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.
07.04.2025

03:09Spanish Businesses Brace For Recession Under Trump Tariffs

The newspapers report extensively on Spain's preparations for a potential trade war with the US as Trump's tariffs create economic uncertainty. Multiple sources discuss how Spanish businesses are adjusting their American strategies amid fears of recession (El Mundo, Libertad Digital, Público, 20minutos). The EU is considering countermeasures while exploring diversification strategies (Público). Domestic political news includes controversy surrounding former minister Ábalos, whose girlfriend purchased property with hidden funds after the Koldo corruption case emerged (El Confidencial), and reports on Vox party's connections to Franco's regime (El Plural). Additional coverage examines a dispute over job interview documentation at Tragsatec (La Razón).
04:04
04:37
05:08
05:57

06:23Global Markets Plummet As Trump's Tariff War Intensifies

The newspapers extensively report on the economic impact of Trump's tariff threats, with Asian markets plummeting and European markets expected to fall by 4% (RTVE, 20minutos). Spanish businesses express varied concerns, with energy companies remaining calm while manufacturers worry and consumer sectors fear recession (El Mundo). The US has compiled a list of 23 Spanish commercial grievances, from cinema to the 'Google Tax' (El País). Political coverage includes former PM Zapatero paving the way for budget negotiations between PM Sánchez and Catalan leader Puigdemont, potentially including a referendum (El Español), while the Generalitat plans to halve its websites to simplify administrative procedures (El Periódico).
08:03
08:03
08:46

09:22Spanish Markets Plunge 6% In Third Day Of Trump Tariff Crisis

The newspapers continue reporting extensively on the economic fallout from Trump's tariffs, with markets "bleeding" for the third consecutive day (El Español, La Razón, RTVE) as the Ibex 35 drops nearly 6%. Prime Minister Sánchez is traveling to China seeking alternative markets for Spanish products (20minutos). Additional coverage includes an investigation into Ábalos' girlfriend purchasing property with hidden funds (El Confidencial), widespread telephone scams targeting electricity consumers (El Mundo), and the investigation into the Vidal-Quadras assassination attempt extending to multiple European countries (El Periódico). Political polling shows stability for PP and PSOE while far-right parties reach new highs (El Plural).
09:37
10:02

13:05Spanish Markets Bleed 5% In Third Day Of Trump Tariff Impact

The newspapers extensively report on the economic impact of Trump's tariffs, which have caused Spanish stock markets to plummet for a third consecutive day with the Ibex 35 falling 5% (El Español, RTVE, La Razón). The US has compiled a list of 23 commercial grievances against Spain, from cinema to the 'Google Tax' (El País). Barcelona has announced a €900 million four-year economic agenda to strengthen its position against the tariffs (El Periódico). Opposition leader Feijóo demands a "real plan" from Sánchez, rejecting "temporary responses" to what he calls a "new commercial paradigm" (20minutos).
13:55
14:03
14:28
14:45
15:03

15:05Stock Markets Collapse Into Third Day Bloodbath

The newspapers extensively report on the worsening global market crisis, with stock exchanges suffering a third consecutive day of massive losses. Wall Street has plunged 4.5% while Spain's Ibex has lost nearly 6%, particularly hitting the banking sector with Sabadell dropping 6.5% and Santander 5% (El Español, El País, RTVE). In response to the Trump tariff crisis, Spain is allocating €45 million to attract foreign scientists (El Periódico) while the EU proposes a "zero for zero" tariff negotiation approach with Trump (La Razón). Meanwhile, Chinese President Xi Jinping is visiting the Canary Islands amid concerns about China's growing Atlantic influence (El Mundo).
15:54
16:20
17:10
18:10
18:52

19:37Markets Plunge 5% While Von der Leyen Offers Zero Tariffs

The newspapers report extensively on the continuing market turmoil triggered by Trump's tariffs, with the Spanish Ibex falling 5.12% for a third consecutive day, particularly impacting the banking sector (El País, La Razón, RTVE). European Commission President Von der Leyen has offered Trump zero tariffs on all industrial products in response to the crisis (El Español). Trump has also threatened China with an additional 50% tariff (Público) while Netanyahu has promised to eliminate Israeli tariffs on US products (20minutos). Other concerns include foot-and-mouth disease outbreaks in Europe (El Confidencial) and China's strategic interest in the Canary Islands (El Mundo).
20:27
21:17

23:25European Markets Crash 5% As Wall Street Stabilizes

The newspapers extensively report on the global financial turbulence, with European markets suffering severe losses while Wall Street managed to stabilize. European stock exchanges plunged over 4%, with Spain's Ibex falling 5.12%, losing €1.3 trillion across Europe in just three sessions (El País, Público, RTVE, 20minutos). The crisis is attributed to Trump's tariff policies, with Elon Musk making strategic moves to protect Tesla from the fallout (El Mundo). Meanwhile, Trump has opened negotiations with Iran regarding its nuclear program and insists on US control over Gaza (El Periódico), while the Spanish government has rejected the opposition PP's proposed tariff countermeasures (La Razón).