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Home World Asia Pacific

Thursday briefing: Trump puts global tariffs on pause – but hikes them for China

9 April 2025
in Asia Pacific
0
Thursday briefing: Trump puts global tariffs on pause – but hikes them for China
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In a surprising turn of events, White House officials announced that Donald Trump has reversed water efficiency standards to prioritize shower performance and reduced tariffs for most countries while increasing them for China. Despite conflicting messages from advisers, the markets reacted positively, with the S&P 500 experiencing a significant increase. Elsewhere, Israeli airstrikes in Gaza resulted in numerous civilian casualties, the UK and India are close to finalizing a free trade agreement, and almost all schools in England have banned mobile phone use. Additionally, high temperatures are forecasted in the UK, and a controversial sculpture outside the BBC headquarters has been restored after being vandalized.

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Tags: BriefingChinaglobalhikesPauseputsTariffsThursdayTrump
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