On April 11, 2025, global financial markets experienced sharp declines after former U.S. President Donald Trump announced extensive tariffs on imports. The measures imposed a 10% baseline tariff, with rates as high as 54% on Chinese goods and 20% on European Union products. In a swift retaliation, China raised its tariffs on U.S. merchandise to 125%, deepening trade tensions. Major indices, including the Dow Jones and S&P 500, tumbled significantly. Economists warn that these aggressive policies could lead to a global recession reminiscent of the 2008 financial crisis, urging urgent diplomatic efforts to restore stability.

Global financial markets faced significant turmoil on Friday due to escalating trade tensions, especially between the U.S. and China. The U.S. dollar declined, and a sharp selloff in U.S. Treasuries led to the 10-year note yield rising to 4.45%, marking the largest weekly increase since 2001. Investors sought safe-haven assets: the Swiss franc reached a decade high against the dollar, gold surged above $3,200 per ounce, and the Japanese yen strengthened. Asian markets were mixed; Japan's Nikkei dropped 4.3%, while Taiwan’s index gained nearly 2%. The heightened U.S.-China trade war has intensified fears of a deep recession and eroded confidence in U.S. assets. (PC: IG & Financial Times)

On April 11, 2025, the Indian stock market opened robustly amid ongoing US-China trade tensions. At 9:15 am, the BSE Sensex surged over 1,000 points to 74,942.46, while the NSE Nifty climbed 347.25 points to 22,746.40. This rebound followed a previous session where the Sensex declined by 379.93 points to 73,847.15, and the Nifty decreased by 136.70 points to 22,399.15. Notable movements included SBI dropping 3.43% to ₹742.05, Tech Mahindra falling 3.25% to ₹1,272.20, and Larsen & Toubro rising 3.23% to ₹3,059.10. Sector-wise, the PSU Bank Index fell 2.52% to 6,092.55, Nifty IT declined 2.19% to 32,517.35, and Nifty Pharma decreased 1.97% to 19,976.30. (PC: Business Insider & Reuters)

Italian luxury brand Prada will acquire Versace from Capri Holdings for €1.25 billion ($1.38 billion), creating a €6 billion Italian powerhouse. The deal, expected to close in late 2025, aims to counter French dominance by LVMH and Kering. Versace’s recent 15% revenue dip and Donatella Versace’s resignation as creative director paved the way. Dario Vitale of Miu Miu will now lead creative efforts. While Prada vows to preserve Versace’s identity, analysts warn of distraction risks. CEO Andrea Guerra emphasized long-term discipline, calling it a revival effort for Versace. The merger signals Italy’s bold response to France’s luxury fashion aggression.

Apple has urgently transported around 600 tons of iPhones—about 1.5 million units—from India to the U.S. to avoid renewed Trump-era tariffs. The airlifts follow a rapid scale-up in production at Foxconn’s Chennai facility, which increased output by 20%, even operating on Sundays. To support this, Indian authorities accelerated customs clearance to just six hours. Foxconn’s India exports soared to $770 million in January and $643 million in February. The move highlights Apple's deepening manufacturing shift to India, aiming to reduce reliance on China while safeguarding U.S. market supply amid geopolitical and trade uncertainties. (PC: Mint)  

On April 9, 2025, U.S. President Donald Trump announced a 90-day pause on tariffs for most countries, sparking a massive rally on Wall Street. The Dow Jones Industrial Average surged by 2,000 points, or 5%, while the S&P 500 rose 5.7% and the Nasdaq Composite climbed 6.8%. This move eased investor fears of a global economic slowdown. However, Trump maintained a 125% tariff on Chinese imports, intensifying trade tensions with Beijing. While markets celebrated the broader tariff relief, uncertainty remains over the long-term impact of the U.S.-China trade standoff. (PC: ET Now)  

On April 9, 2025, U.S. President Donald Trump introduced a sweeping 125% tariff on all Chinese imports while suspending tariffs for most other nations for 90 days. The move escalated trade tensions with China, which swiftly responded with an 84% tariff on American goods. The White House issued a stern warning to global partners: “DO NOT RETALIATE AND YOU WILL BE REWARDED,” signaling a high-stakes economic standoff. China’s Commerce Minister condemned the U.S. actions as a severe violation of global trade norms, emphasizing that a trade war benefits no one. (PC: NDTV)

US President Donald Trump announced a 90-day pause on new tariffs for countries negotiating with the US but imposed a steep 125% tariff on Chinese imports. The move follows China’s decision to impose 84% tariffs on American goods. Trump stated that over 75 countries had approached the US for trade talks, prompting the pause. US Treasury Secretary Scott Bessent emphasized that this decision was for negotiation, not market reaction. China, in response, added six US companies to its unreliable entity list, escalating tensions. The trade war between the two nations continues to intensify. (PC: Reuters)

Asian stock markets plunged after the U.S. imposed a sweeping 104% tariff on Chinese imports, intensifying fears of a global trade war. Japan’s Nikkei 225 fell nearly 4%, while markets in South Korea, Australia, and New Zealand also saw sharp losses. China’s blue-chip stocks dropped 1.2%, and Hong Kong’s Hang Seng index lost 3.1%. The U.S. S&P 500 reversed dramatically, erasing $5.8 trillion in four days. Oil prices hit four-year lows and the offshore yuan slumped to a record low, signaling broader economic turbulence and heightened recession fears across global financial systems. (PC: AP Photo)

US stock markets soared on Tuesday, with the Dow Jones rising 1,100 points. The S&P 500 gained 3.16%, while the Nasdaq surged 3.65%. Tech stocks led the rally, with Nvidia and Meta jumping 5% and Tesla rising 4%. Investors reacted to hopes that the US might ease tariffs through talks. The market rebound followed days of losses due to trade tensions with China. The US "fear gauge" dropped after hitting a recent high. Analysts warn that trade tensions could still affect markets. Investors now await an inflation report on Thursday, which may influence Federal Reserve rate cut decisions. (PC: India Today)