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07.04.2025

07.04.2025 โ€” Day Markets Plummeted Under Trump's "Medicine"

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

It displays 149 headlines from many sources chronologically, as they appeared throughout the day, accompanied by AI overviews that were written in real time.

07.04.2025 โ‡ข Day Markets Plummeted Under Trump's "Medicine"
โŒจGlobal 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."
07.04.2025
00:00
BBC

Asian markets open as world grapples with US tariffs

It is a new trading week as nations continue to digest a "baseline" 10% tariff on goods โ€“ with steeper charges to come.
00:00
00:15
BBC

Asian markets fall at open as world grapples with US tariffs

It is a new trading week as nations continue to digest a "baseline" 10% tariff on goods โ€“ with steeper charges to come.
00:15
00:22
The Guardian

Nikkei slumps as Asian markets brace for further tariff fallout; Trump says โ€˜sometimes you have to take medicineโ€™ โ€“ business live

00:22
00:38
BBC

Asian markets slump as world grapples with US tariffs

It is a new trading week as nations continue to digest a "baseline" 10% tariff on goods โ€“ with steeper charges to come.
00:38
00:46
The Guardian

Nikkei plunges as Asian markets brace for further tariff fallout; Trump says โ€˜sometimes you have to take medicineโ€™ โ€“ business live

00:46
01:34
BBC

Asian markets slump after US tariffs as Trump calls them 'medicine'

The US president defends his tariff policy and says "sometimes you have to take medicine to fix something".
01:34
01:42
BBC

Asian markets plunge after US tariffs as Trump calls them 'medicine'

The US president defends his tariff policy and says "sometimes you have to take medicine to fix something".
01:42

01:44โ‡ขAsian Markets Crash As Trump Defends Tariff "Medicine"

โŒจThe newspapers report on the escalating economic impact of Trump's tariffs, with Asian markets plunging overnight as the US president defends the measures as necessary "medicine" (BBC, Guardian, Spectator). In response, PM Starmer promises "bold changes" to rules on electric cars to protect UK interests (Sky News). Domestic issues include reports of crime on London transport, with a passenger openly smoking crack cocaine (Daily Mail), and global health concerns highlighting that one pregnant woman dies every two minutes (Independent). The royal family faces personal grief as the bodyguard who was with William and Harry when Diana died has passed away (Sun).
02:04
The Guardian

Asian markets plunge further amid tariff fallout; Trump says โ€˜sometimes you have to take medicineโ€™ โ€“ business live

02:04
04:04
05:24
BBC

Asian markets plunge as Trump says 'sometimes you have to take medicine'

As the US president defends imposing tariffs on countries around the world, stock markets fall again.
05:24
05:33
The Guardian

Asian share markets routed in early trading as Trump says โ€˜you have to take medicineโ€™

05:33
05:57
The Guardian

Asian markets plunge further amid tariff fallout; Trump says โ€˜sometimes you have to take medicineโ€™

05:57
06:05
06:21
06:22
07:11
BBC

European stock markets tumble on opening as US tariffs cause plunges across Asia

The drop in European markets follows slumps across Asia - but Donald Trump again defends his tariffs.
07:11

07:15โ‡ขMarkets Plunge As Starmer Responds To Trump's "Medicine"

โŒจThe newspapers report on widespread market turmoil following Trump's tariffs, with European stock markets and the FTSE falling sharply after Asian markets plunged overnight (BBC, Guardian, Independent, Sky News). Trump has defended the tariffs as necessary "medicine" despite the global financial impact (BBC, Guardian, Sky News). Prime Minister Starmer is responding with what his government calls "backing British brilliance" to protect UK interests (HuffPost UK). China's retaliation has been stronger than anticipated, with analysts suggesting Beijing intends to "crush" the trade war (New Statesman).
07:20
The Guardian

FTSE 100 plunges 6% to one-year low amid market turmoil, as Trump says โ€˜sometimes you have to take medicineโ€™

07:20
07:28
BBC

European stock markets plunge on opening as US tariffs cause slumps across Asia

The drop in European markets follows similar falls across Asia - but Donald Trump again defends his tariffs.
07:28
08:20
BBC

European stock markets plunge as US tariffs cause slumps across Asia

The drop in European markets follows falls across Asia - but Donald Trump says "sometimes you have to take medicine to fix something".
08:20
08:37
BBC

European markets plunge as Hong Kong index sees worst slump since 1997

The slump in share prices follow last week's US tariff plans - but Donald Trump says "sometimes you have to take medicine to fix something".
08:37
08:46
BBC

European markets plunge as Hong Kong index sees worst one-day slump since 1997

The slump in share prices follow last week's US tariff plans - but Donald Trump says "sometimes you have to take medicine to fix something".
08:46
08:54
09:03
BBC

European and Asian markets plunge as tariff turmoil deepens

Hong Kong's index closed down 13.2%, while Taiwan's was 9.7% lower - but Donald Trump says "sometimes you have to take medicine to fix something".
09:03
09:12
09:21

09:23โ‡ขMarkets Crash As Trump Calls Tariffs "Medicine"

โŒจThe newspapers report on severe global market turmoil with the FTSE 100 plunging approximately 6% to its lowest level in a year (BBC, Daily Mail, Guardian, Independent, Mirror, Sky News, Times). Asian markets have been hit particularly hard, with Hong Kong's index closing down 13.2% and Taiwan's dropping 9.7% (BBC). Trump has defended his tariff policies, stating "sometimes you have to take medicine to fix something" (BBC, Guardian, Sky News, Mirror), while some financial experts warn of an impending "economic nuclear winter" (Sun, Times). Prime Minister Starmer continues his response to protect British interests amid the chaos (HuffPost UK).
09:37
The Guardian

FTSE 100 plunges 6% to one-year low amid market turmoil, as Goldman Sachs raises chances of US recession to 45%

09:37
10:20
11:11
11:12
11:37
The Guardian

FTSE 100 plunges to one-year low amid market turmoil

11:37
11:37
12:03
12:12

12:22โ‡ขMarkets Plunge To Year's Low Amid Recession Fears

โŒจThe newspapers report on the escalating global economic crisis sparked by Trump's tariffs, with the FTSE 100 plunging to a one-year low and markets in turmoil (Guardian, Independent, Times, Mirror). Financial experts warn of potential recession as US banks sound alarms (Times, Mirror). Ministers face criticism over the UK's perceived weak response to Trump's tariffs (HuffPost UK). In Middle East coverage, allegations of torture in Israeli detention of Gazans have emerged (BBC), while British citizens stand accused of war crimes in Gaza (Novara Media). President Macron demands "strong action" against Russia over Ukraine ceasefire refusals (Breitbart).
12:46
13:20
BBC

US markets about to open as European markets plunge

Turmoil caused by Donald Trump's tariffs continue - but the president urges people not to be "weak" or "stupid".
13:20
13:38
BBC

US stock markets drop on opening as European indexes plunge

Turmoil caused by Donald Trump's tariffs continue - but the president urges people not to be "weak" or "stupid".
13:38
13:46
BBC

US stock markets drop sharply on opening as European and Asian indexes plunge

Turmoil caused by Donald Trump's tariffs continue - but the president urges people not to be "weak" or "stupid".
13:46
13:46
The Guardian

Trade war fears put S&P 500 index in โ€˜bear marketโ€™ territory, as Goldman Sachs raises chances of US recession to 45%

13:46
13:46
14:03
BBC

US stock markets drop sharply on opening, as Starmer warns tariffs are 'huge challenge'

Turmoil caused by Donald Trump's tariffs continue - but the president urges people not to be "weak" or "stupid".
14:03
14:20
The Guardian

Trump says Fed should cut rates; Canada initiates WTO dispute over tariffs

14:20

14:22โ‡ขMarkets Plunge As Trump Remains Defiant On Tariffs

โŒจThe newspapers report on the continuing turmoil in global markets due to Trump's tariffs, with US stock markets dropping sharply upon opening (BBC, Independent, Times, Sky News). Trump remains defiant, urging people not to be "weak" or "stupid" (BBC, Daily Mail, Times) and suggesting the Federal Reserve should cut rates (Guardian). International response is intensifying with Canada initiating a WTO dispute (Guardian), while France warns the EU could take "extremely aggressive" actions (Breitbart). UK Prime Minister Starmer has characterized the tariffs as a "huge challenge" (BBC). Non-economic news includes the death of Blondie's drummer (Mirror) and a missing schoolgirl case (Metro).
14:37
The Guardian

Trump says Federal Reserve should cut rates amid tariff fallout

14:37
14:46
The Guardian

US stock markets whip-saw as tariff uncertainty puts investors on edge

14:46
15:03
The Guardian

Rollercoaster for US stock markets as tariff uncertainty puts investors on edge

15:03
15:03
15:12
BBC

US stock markets fall again as Trump calls for patience on tariff plan

Turmoil caused by Donald Trump's tariffs continue - but the president urges people not to be "weak" or "stupid".
15:12
15:37
15:46
15:46
BBC

Trump threatens extra 50% tariff on China unless it drops retaliatory levy

Meanwhile, turmoil caused by Donald Trump's tariffs continue - but the president urges people not to be "weak" or "stupid".
15:46
15:46
15:55
The Guardian

Trump threatens China with extra 50% tariffs if country fails to withdraw 34% retaliatory levies

15:55

15:57โ‡ขTrump Escalates China Tariff Threat to 50%

โŒจThe newspapers report on an escalating trade war as Trump threatens China with an additional 50% tariff unless it drops its 34% retaliatory levies (BBC, Guardian, Sky News, Times). The EU has offered a "zero-for-zero tariff" arrangement on industrial goods to avoid a full trade war with the US (Breitbart). Markets continue to suffer, with US stocks plunging on opening and the FTSE 100 closing down (Independent, Sky News). An economist warns "we're screwed either way" regarding Trump's tariff policies (HuffPost UK). Non-economic news includes the shooting death of a father through a house window (Metro, Sun) and the death of Blondie's drummer at age 70 (Mirror).
17:10
17:28
Lucy Connollyโ€™s tweet was despicable, but it shouldnโ€™t have landed her in prison.
17:28
18:52
The Guardian

Rollercoaster day for global stock markets as BlackRock CEO says US โ€˜probably in recessionโ€™

18:52
19:18

19:38โ‡ขTrump Defiant As Markets Reel

โŒจThe newspapers report on ongoing global market volatility as Trump refuses to back down from his tariff policy, instead threatening an additional 50% tariff on China (Channel 4, Guardian, Independent, Sky News, Spectator, Sun). BlackRock CEO's statement that the US is "probably in recession" added to financial concerns (Guardian). In non-economic news, the UK's first successful womb transplant birth is reported (Daily Mail), and police will investigate alleged war crimes by ten British citizens in Gaza (Morning Star, Novara Media). Other stories include a fatal shooting of a 60-year-old father in a case of "mistaken identity" (Metro) and Robbie Williams discussing his recent depression (Mirror).
19:44
The Guardian

Donald Trump says he is not looking at pausing tariffs as stock markets have rollercoaster day

19:44
19:44
19:52
20:01
BBC

Trump not considering pausing tariffs despite global turmoil

The US president has also threatened China with an additional 50% tariff on goods imported into America.
20:01
20:18
The Guardian

Donald Trump says he is not looking at pausing tariffs as US markets close after rocky day

20:18
20:35
The Guardian

Volatility grips global stock markets as Trump insists on tariff โ€˜medicineโ€™

20:35
21:01
21:18
22:15
The Guardian

Trump threatens additional 50% tariffs on China over retaliatory levies

22:15
22:33

22:34โ‡ขTrump Threatens 50% Tariff On China

โŒจThe newspapers report on Trump's escalating trade conflict with China, as he threatens to impose an additional 50% tariff unless Beijing withdraws its 34% counter-tariff on American goods (BBC, Guardian, Independent, Sky News, Times). Trump has dismissed any possibility of a tariff pause, stating "we can't be stupid any more" (Times, Sky News), following a volatile day on Wall Street (Sky News). Other news includes King Charles landing in Italy for a state visit shortly after Prince Harry flew to the UK (Sun) and Trisha Goddard entering Celebrity Big Brother despite having terminal cancer (Mirror).
23:57
The Guardian

China says it will not bow to US pressure after Trump threatens additional 50% tariffs โ€“ business live

23:57