April 20, 2025

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Investors flee U.S. assets but Chinese markets shrug off Trump’s 145% tariff as trade war begins

  • April 11, 2025

Global stock markets were in a state of turmoil this morning as massive tariffs go into effect on trade between the U.S. and China. Chinese stocks have stayed relatively bouyant, trading flat. But in the U.S., investors in the S&P 500 continued to take a beating in both yesterday’s trading and this morning in futures

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Finance

Trump’s finance chief rejects US recession fears

  • April 6, 2025

Scott Bessent, the US treasury secretary, and Howard Lutnick, the commerce secretary, with Donald Trump at the White House – Elizabeth Frantz/Reuters Donald Trump’s finance chief has rejected fears of a US recession despite the president’s trade war sparking a $6 trillion (£4.7 trillion) stock market collapse. Scott Bessent, the treasury secretary, said on Sunday

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