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10.04.2025

10.04.2025Day Of Market Euphoria And 90-Day Tariff Truce

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This page is an archive of main headlines from Spain for 10.04.2025.

It displays 115 headlines from many sources chronologically, as they appeared throughout the day, accompanied by AI overviews that were written in real time.

10.04.2025Day Of Market Euphoria And 90-Day Tariff Truce
Markets responded euphorically to Trump's revised tariff strategy announced late Wednesday, with the IBEX 35 opening 8.6% higher—its largest gain in 15 years. By mid-morning, this rally had moderated to around 5% as European markets collectively celebrated the 90-day tariff pause for most countries except China, which now faces even steeper 125% duties.

The EU reciprocated by mid-day, announcing its own 90-day suspension of counter-tariffs "to give negotiation an opportunity." Meanwhile, reports emerged that the EU and China are discussing minimum pricing for electric vehicles as an alternative to tariffs.

Domestic politics resurfaced as the Supreme Court confirmed it wouldn't apply amnesty to Puigdemont's embezzlement charges. Valencia's government faced criticism after revelations that officials ignored flood warnings before the catastrophic dana. The day ended tragically with news of five Spanish tourists dying in a helicopter crash in New York's Hudson River.
10.04.2025
04:15
04:32

04:34Trump Slams China With 125% Tariffs While Pausing Global Duties

The newspapers extensively report on Trump's evolving tariff strategy, pausing most global tariffs for 90 days while dramatically increasing China's to 125% (El Periódico, RTVE, El Salto, 20minutos). Spanish Prime Minister Sánchez's pivot toward Beijing is scrutinized, with US Treasury warnings about closer China ties (El Confidencial, El Español). Spanish businesses are actively seeking alternative markets, with Bodegas Marqués del Atrio opening in Miami while exploring substitute markets to mitigate tariff impacts (El País). In sports, Barcelona delivered an impressive 4-0 victory against Borussia Dortmund in Champions League (La Vanguardia).
04:58
06:32

07:26Markets Surge 8% As Trump Slashes Global Tariffs To 10%

The newspapers report on Trump's revised tariff policy, with most countries getting a reprieve as global tariffs are reduced to 10% while China faces a dramatic increase to 125% (El Salto, RTVE, El Mundo, Público). Markets responded enthusiastically, with Spain's IBEX 35 surging 8% upon opening (RTVE). The PP is leveraging this crisis politically, offering support for the government's "anti-Trump decree" in exchange for extending nuclear plant operations (El Confidencial). Environmental news highlights food industry efforts to reduce ecological footprint through lab-grown meat and plant proteins (El Periódico).
07:40
08:15

09:59European Markets Surge As Trump Pauses Global Tariffs

The newspapers report on three main developments. European stock markets are experiencing significant gains after Trump paused most global tariffs, with Spain's IBEX 35 surging nearly 5% (RTVE, 20minutos). A leaked audio reveals former footballer Gerard Piqué emotionally testifying before a judge in the Supercopa Files case, lamenting damage to his public image (El Confidencial, El Periódico). In politics, Prime Minister Sánchez views Trump's tariff policy shift as "a door to negotiation" while defending his China trip and multilateral approach to global challenges (El País, Público).
10:14
11:40
12:49
13:06

13:09EU Freezes US Tariffs For 90-Day Negotiation Window

The newspapers report extensively on the EU's decision to suspend tariffs on the US for 90 days to allow for negotiations after Trump's similar move (El Periódico, infoLibre, Público, RTVE, 20minutos). The Supreme Court upholds Judge Llarena's decision not to apply amnesty to Puigdemont for embezzlement charges (El Plural, La Razón). Several sources highlight a scandal involving Valencia's government ignoring urgent flood warnings during the catastrophic dana storm, with emergency officials warning "the ravines are about to collapse" hours before the disaster (El País, La Vanguardia). Environmental groups are campaigning against wolf hunting, arguing lethal management strategies are ineffective (El Salto).
15:49
16:40

17:08EU Mirrors Trump's 90-Day Tariff Freeze

The newspapers report on the EU's 90-day pause on US tariffs, reciprocating Trump's similar measure to allow for negotiations (RTVE, infoLibre, 20minutos). The Supreme Court confirms it won't apply amnesty to Puigdemont for embezzlement charges, allowing him to appeal to the Constitutional Court (El País). Congress approves mandatory distribution of migrant minors across regions despite PP opposition (El Plural). Several corruption allegations feature prominently, including scandals involving former minister Ábalos' free luxury villa (Libertad Digital) and suspicious phone connections linked to Prime Minister Sánchez's brother (La Razón). Meanwhile, Sánchez advocates for closer EU-China relations as a counterbalance to Trump's policies (El Periódico).
17:22
19:04
19:30
19:38

20:52Sánchez Visits Beijing As EU-China Seek Electric Vehicle Deal

The newspapers report on Spain-China relations, with Prime Minister Sánchez arriving in Beijing to strengthen ties with Xi Jinping despite US criticism (El Español). This occurs amid escalating US-China tensions, as Trump threatens China over the $295 billion trade deficit (El Periódico, Público). The EU and China are negotiating a minimum price for electric vehicles as an alternative to tariffs (RTVE). Domestically, the Supreme Court has confirmed it won't apply amnesty to Puigdemont for embezzlement, allowing him to appeal to the Constitutional Court (El País). A corruption scandal involving former minister Ábalos continues with revelations about a free 750m² luxury villa in Cádiz provided by those implicated in the scheme (Libertad Digital).
22:11