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04.04.2025

04.04.2025 โ€” Day Markets Tumbled as China Retaliated

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

It displays 133 headlines from many sources chronologically, as they appeared throughout the day, accompanied by AI overviews that were written in real time.

04.04.2025 โ‡ข Day Markets Tumbled as China Retaliated
โŒจMarkets continued their nosedive for a second day, with the FTSE 100 suffering its biggest drop since the pandemic. Morning reports showed Asian markets extending losses while Trump falsely claimed Starmer was "happy" with UK tariffs, prompting ministerial rebuke.

By mid-morning, China announced 34% retaliatory tariffs on US goods effective April 10, triggering further market plunges. Trump doubled down, saying China "played it wrong" and insisting his "policies will never change," despite the $2.5 trillion already wiped from Wall Street. The US Federal Reserve warned of higher inflation and slower growth.

Meanwhile, Russell Brand was charged with rape and sexual assaults against four women over a six-year period, breaking his silence in the afternoon to claim he was "a sex addict but never a rapist." Evening reports detailed he was charged by post while in Florida but would return to face allegations.

South Korean President Yoon Suk Yeol was also unanimously removed from office following impeachment.
04.04.2025

01:19โ‡ขMarkets Crash As Global Powers Threaten Tariff Retaliation

โŒจThe newspapers extensively report on the global market turmoil following Trump's tariff announcement, with US stocks suffering their worst drop since 2020, wiping $2.5 trillion off Wall Street (BBC, Guardian, Sky News, Metro). The UK has threatened to retaliate by targeting 8,000 US products, including toilet seats (Sun). China and EU have also vowed to hit back, raising fears of a global trade war (BBC, Channel 4). Despite the market meltdown, Trump insists "it's going very well" (Metro). In other news, an RAF pilot who killed four family members in a suicidal motorway crash would have faced manslaughter charges had he survived (Daily Mail).
02:51
The Guardian

Yoon Suk Yeol impeachment verdict: South Korea court votes unanimously to remove president from office

02:51
04:08
BBC

Asian markets drop further as Trump's tariffs spark fears of global downturn

It comes hours after US markets closed the day with the worst losses since 2020.
04:08
04:17
The Guardian

Yoon Suk Yeol impeached: celebrations as South Korea court votes unanimously to remove president from office โ€“ live

04:17
05:34
The Guardian

South Korea president Yoon Suk Yeol removed from office after court upholds impeachment

05:34
05:42
06:43
BBC

Asian markets drop further as Trump says tariffs plan going 'very well'

Japan's Nikkei index fell by 1.5% soon after opening, following Wall Street's worst day since the pandemic.
06:43
07:00
Minister Hits Back At Claim Starmer Is 'Very Happy' With Tariffs
07:00
07:00
07:25
BBC

Global markets extend losses as Trump says tariffs plan going 'very well'

London's FTSE 100 index falls on opening and follows further declines in the Asian markets.
07:25
07:34

07:36โ‡ขMarkets Extend Losses As Trump Falsely Claims Starmer Supports Tariffs

โŒจThe newspapers report on escalating global market turbulence following Trump's tariffs plan, with London's FTSE 100 and Asian markets recording further losses (BBC, Sky News). Trump claims the plan is going "very well" while falsely asserting PM Starmer is "very happy" with the tariffs, prompting a ministerial rebuke (HuffPost, Independent). International political developments include South Korean President Yoon Suk Yeol's removal from office (Guardian), Macron defending French judicial independence after Le Pen's election ban (Breitbart), and Hungary considering quitting the ICC (Spectator).
09:35
BBC

UK working 'at pace' to secure deal before Trump tariffs hit as global markets slump further

The government is keeping "everything on the table" when it comes to responding to Trump's 10% levy, a treasury minister tells the BBC.
09:35
09:53
10:36
BBC

China to impose additional 34% levy on US goods in retaliation for Trump's tariffs

Beijing, which is facing an aggregate 54% tariff on its exports to the US, says the counter-measures will take effect on 10 April.
10:36
10:36
10:36
The Guardian

Stock markets plunge as China announces retaliatory 34% tariffs on US goods

10:36

10:38โ‡ขChina Launches 34% Retaliatory Tariffs

โŒจThe newspapers extensively report on China's announced 34% retaliatory tariffs on US goods, effective April 10th (BBC, Guardian, Sky News). This response to Trump's tariffs has triggered stock market plunges, with UK banks particularly affected (Sky News, Spectator). In political news, Trump has demanded freedom for Marine Le Pen, calling her ban from office a "leftist witch hunt" (Breitbart), while Tony Blair urges Starmer not to retaliate against Trump's tariffs (Independent). Domestic headlines include rising child poverty since Labour's election victory (HuffPost) and a mother avoiding prison despite killing her newborn in 1998 (Daily Mail, Mirror).
10:45
The Guardian

China announces retaliatory 34% tariffs on US goods as global stock markets plunge

10:45
11:02
BBC

European markets sink further after China retaliates with extra 34% tariff on US goods

Shares slump again after China, one of the hardest-hit countries by Donald Trump's raft of global tariffs, hits back.
11:02
11:19
BBC

China retaliates with extra 34% tariff on US goods, deepening market turmoil

Shares slump again after China, one of the hardest-hit countries by Donald Trump's raft of global tariffs, hits back.
11:19
11:53
BBC

China hits back at Trump tariffs with extra 34% tax on US goods, deepening market turmoil

Shares slump again after China, one of the hardest-hit countries by Donald Trump's raft of global tariffs, hits back.
11:53
12:02
12:10

12:29โ‡ขChina Slaps 34% Tariffs On US Goods

โŒจThe newspapers extensively report on China's retaliatory tariffs against the US, with Beijing imposing a 34% tax on American goods (BBC, Guardian, Independent, Sky News, Sun, Times). This escalation in the trade conflict has deepened market turmoil globally, with UK banks particularly affected (Sky News). The Times notes that the EU and Canada are also preparing retaliatory measures. In domestic news, coverage includes Aintree Ladies Day enjoying the warmest day of the year (Daily Mail) and a mother avoiding jail after confessing to killing her newborn baby 25 years ago (Metro, Mirror).
12:36
12:53
13:19
13:27
13:27
13:27
13:36
BBC

US markets open sharply lower after China hits back on Trump tariffs

The drop follows European markets slumping further after China hit back at US import taxes with retaliatory tariffs of its own.
13:36
13:44
BBC

US markets open lower as Trump says China 'played it wrong' by retaliating to tariffs

The drop follows European markets slumping further after China hit back at US import taxes with an additional 34% tariff.
13:44
13:44
The Guardian

โ€˜My policies will never changeโ€™: Trump doubles down on trade war after China announces retaliatory tariffs

13:44
14:10

14:12โ‡ขRussell Brand Charged With Rape

โŒจThe newspapers report on two major stories today. First, the escalating US-China trade war, with China announcing 34% retaliatory tariffs on US goods after Trump's import taxes (BBC, Guardian, Independent, HuffPost). Trump is doubling down, saying "my policies will never change" and that China "played it wrong" (BBC, Guardian). Markets have responded negatively, with US and European stocks falling (BBC, Independent). Second, comedian Russell Brand has been charged with rape and sexual assaults against four women over a six-year period following an 18-month investigation (Daily Mail, Metro, Mirror, Sky News, Sun, Times).
15:02
BBC

US markets tumble as Trump says China 'played it wrong' by retaliating to tariffs

The drop follows European markets slumping further after China hit back at US import taxes with an additional 34% tariff.
15:02
15:54
BBC

Global markets tumble as Trump says China 'played it wrong' by retaliating to tariffs

The UK's FTSE 100 index suffers its biggest fall since the start of the pandemic as European and US markets slump further.
15:54
16:02
The Guardian

Fed chair warns of high inflation and slower growth as Trump tells him to cut interest rates

16:02
16:02
Plus: free speech for free trade, banning Marine Le Pen and Keir Starmerโ€™s perpetual Adolescence.
16:02
16:11
BBC

UK's FTSE 100 suffers biggest daily fall since start of pandemic as global markets tumble

The UK's FTSE 100 index suffers its biggest fall since the start of the pandemic as European and US markets slump further.
16:11
16:11
The Guardian

FTSE suffers biggest daily drop since early in the pandemic as Wall Street slides again

16:11
16:28
16:45

16:48โ‡ขMarkets Crumble As Brand Denies Rape Charges

โŒจThe newspapers report on two major stories today. First, financial markets are experiencing significant turbulence, with the FTSE 100 suffering its biggest daily fall since the pandemic (BBC, Guardian, Independent, Sky News). This drop follows China's announcement of 34% tariffs on US goods (Independent), part of ongoing trade tensions with Trump's administration (Spiked). Second, comedian Russell Brand has been charged with rape and sexual assaults against four women, to which he has now responded by denying being "a rapist" while admitting to being "a sex addict" (Daily Mail, Metro, Mirror, Sun). Other news includes debates over banning trophy animal imports (Channel 4) and criticism of the PM's silence on Grangemouth redundancies (Morning Star).
16:53
17:10
17:36
17:45
The Guardian

China hits back hard at โ€˜bullyingโ€™ Trump tariffs as global recession fears grow

17:45
18:45
Itโ€™s called โ€œbear market territoryโ€ โ€“ when shares close at least 20% down on their most recent high and thatโ€™s where America is, two days after Donald Trump announced his sweeping tariffs.
18:45
19:36
BBC

Global stocks sink in second day of market turmoil over Trump tariffs

All three US indexes - the S&P 500, Nasdaq and Dow Jones - have dropped 5% since the start of trading today.
19:36

20:12โ‡ขMarkets Plunge Into Bear Territory

โŒจThe newspapers report extensively on the escalating global market crisis triggered by Trump's tariffs, now entering its second day with all major US indexes down 5% (BBC, Channel 4). China has retaliated strongly against what it calls "bullying" tariffs (Guardian, Independent), intensifying recession fears and pushing US markets into "bear market territory" - down 20% from recent highs (Channel 4). This trade conflict is fueling calls to cancel Trump's planned UK state visit (HuffPost). In other news, Russell Brand has been charged with rape and sexual assault (Sun, Times), while Andrew Tate faces new abuse allegations from an ex-partner (Daily Mail).
21:19
21:44
22:35
U.S. Secretary of State Marco Rubio asked allied foreign ministers gathered in Brussels on Thursday to increase their defense spending to five percent of their gross domestic products (GDP) โ€“ a very substantial increase for most members of the North Atlantic Treaty Organization (NATO), and considerably more than the even the United States spends as a percentage of GDP.
22:35