Nonilex<p><a href="https://masto.ai/tags/WallStreet" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WallStreet</span></a> continues fall</p><p>Wall Street's indexes opened lower on Friday as <a href="https://masto.ai/tags/markets" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>markets</span></a> assessed the latest escalation in <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a>’s <a href="https://masto.ai/tags/TradeWar" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TradeWar</span></a>, with <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>China</span></a> increasing its <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> on <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> imports to 125%.<br>The Dow Jones Industrial Average fell 100.2 points, or 0.25%, at the open to 39493.42.<br>The S&P 500 fell 12.5 points, or 0.24%, at the open to 5255.56, while the Nasdaq Composite dropped 28.8 points, or 0.18%, to 16358.532 at the opening bell.</p><p><a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/Trumpcession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trumpcession</span></a> <a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a></p>
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#ETTTTS
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Nonilex<p>Analysts & investors have pointed to this week's sharp selloff in <a href="https://masto.ai/tags/Treasuries" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasuries</span></a> & weakness in the <a href="https://masto.ai/tags/dollar" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>dollar</span></a> as a sign of faltering confidence in the world's biggest <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a>.</p><p>"There's clearly an exodus from <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> assets. A falling currency & bond market is never a good sign," said Kyle Rodda, senior financial <a href="https://masto.ai/tags/markets" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>markets</span></a> analyst at Capital.com. "This goes beyond pricing in a <a href="https://masto.ai/tags/growth" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>growth</span></a> slowdown & <a href="https://masto.ai/tags/trade" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>trade</span></a> uncertainty."</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>trump</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a></p>
Nonilex<p>Global <a href="https://masto.ai/tags/stocks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>stocks</span></a> fell & the <a href="https://masto.ai/tags/dollar" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>dollar</span></a> sank further on Friday, while a manic <a href="https://masto.ai/tags/bonds" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bonds</span></a> selloff took hold in a brutal end to the week of tit-for-tat worldwide <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> that have fed fears of a deep <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> & shaken investor confidence in <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> assets.</p><p>The selloff in US <a href="https://masto.ai/tags/Treasuries" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasuries</span></a> picked up pace during Asian hours, with the 10-year note yield rising to 4.45%, gaining about 45 basis points in the week, the biggest increase since 2001, LSEG data showed.</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>trump</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <br><a href="https://www.reuters.com/markets/global-markets-wrapup-1pix-2025-04-11/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/markets/global-mar</span><span class="invisible">kets-wrapup-1pix-2025-04-11/</span></a></p>
Nonilex<p>Fears of a sharp downturn in the global <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> have sent <a href="https://masto.ai/tags/markets" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>markets</span></a> convulsing again, w/action focused on <a href="https://masto.ai/tags/currencies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>currencies</span></a> & <a href="https://masto.ai/tags/bonds" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bonds</span></a> as the escalating <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> – <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>China</span></a> <a href="https://masto.ai/tags/TradeWar" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TradeWar</span></a> has investors fleeing <a href="https://masto.ai/tags/dollar" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>dollar</span></a>-based assets.</p><p>Stock futures in Europe pointed to a subdued open but the Swiss <a href="https://masto.ai/tags/franc" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>franc</span></a> reached a 10-yr high & the <a href="https://masto.ai/tags/yen" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>yen</span></a> was its strongest in 6 months. <a href="https://masto.ai/tags/Gold" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Gold</span></a> prices resumed their march to successive record highs & the <a href="https://masto.ai/tags/euro" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>euro</span></a> rose to levels not seen since Feb 2022.</p><p>King dollar no more.</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>trump</span></a></p>
Nonilex<p>He should be in a rubber room</p><p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> threatens NEW 50% <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> on <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>China</span></a> for their retaliatory tariffs.</p><p><a href="https://masto.ai/tags/TrumpTariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrumpTariffs</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/Trumpcession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trumpcession</span></a> <a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/idiocracy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>idiocracy</span></a> <a href="https://masto.ai/tags/RevengePolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RevengePolitics</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a></p>
Nonilex<p>Another video posted on the X page of state-run news agency Xinhua, also generated by AI, shows a robot named TARIFF that chooses to self-destruct rather than follow its creator's orders for high <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> that bring "trade wars & unrest".</p><p><a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>China</span></a> has sharply criticised the <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> tariffs, which have triggered the biggest <a href="https://masto.ai/tags/stockmarket" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>stockmarket</span></a> rout since the pandemic, & retaliated on Friday w/import duties & export curbs of its own.</p><p><a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/Trumpcession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trumpcession</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USpol</span></a></p>
Nonilex<p>"'Liberation Day', you promised us the stars. But <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> killed our cheap Chinese cars," an automated female voice sings in a video on the website of China's CGTN, a state-run English-language broadcaster. It appears with a shot of a woman at a kitchen table staring at an empty fork. The 2-min, 42-sec clip, was captioned with a warning: "Track is AI-generated. The debt crisis? 100% human-made." [they’re not wrong]</p><p><a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/Trumpcession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trumpcession</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USpol</span></a></p>
Nonilex<p>Robots star in <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>China</span></a> AI videos mocking <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a></p><p>China's state-run media has taken to the internet w/ AI-generated videos, featuring dancing robots & fraught <a href="https://masto.ai/tags/consumers" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>consumers</span></a>, to chide Trump.</p><p>They say the US leader's tariffs threaten high <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> & economic distress for Americans.</p><p><a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/Trumpcession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trumpcession</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USpol</span></a> <br><a href="https://www.reuters.com/world/us/trump-tariff-live-updates-stocks-extend-global-selloff-investors-fear-us-2025-04-04/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/world/us/trump-tar</span><span class="invisible">iff-live-updates-stocks-extend-global-selloff-investors-fear-us-2025-04-04/</span></a></p>
Nonilex<p>US <a href="https://masto.ai/tags/stocks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>stocks</span></a> extended already deep losses as traders focused on remarks from <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FederalReserve</span></a> Chair <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JeromePowell</span></a> amid global economic turmoil caused by <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a>’s sweeping <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a>.</p><p>The S&P 500 was last down 4.3%, while the Nasdaq was down by about the same amount.</p><p><a href="https://masto.ai/tags/Oil" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Oil</span></a> plunged to its lowest level since 2021 & commodities including <a href="https://masto.ai/tags/NaturalGas" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NaturalGas</span></a> & <a href="https://masto.ai/tags/soybeans" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>soybeans</span></a> also dived as <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>China</span></a> retaliated against <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a>'s aggressive tariffs.</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USpol</span></a></p>
Nonilex<p>"We've taken a step back & we're watching to see what the policies turn out to be & the ways in which they will affect the <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a>. Then we'll be able to act. Fortunately, our policy stance is in a good place for us to do that." thanks to <a href="https://masto.ai/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> / <a href="https://masto.ai/tags/Bidenomics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bidenomics</span></a>]</p><p><a href="https://masto.ai/tags/TheFed" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TheFed</span></a>, he added is in the same place as everyone else, awaiting clarity on policies.<br>[again, cuz shit is crazy]</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USpol</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JeromePowell</span></a> signaled that <a href="https://masto.ai/tags/TheFed" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TheFed</span></a> would not be making any hasty decisions on <a href="https://masto.ai/tags/InterestRates" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>InterestRates</span></a>.</p><p>"It's a good time to take a step back & let things clarify. That's why it's just too soon to say what the appropriate monetary policy response will be to these new policies. It is just too soon to say. We can't say with any confidence today." [cuz shit is crazy]</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USpol</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JeromePowell</span></a> says <a href="https://masto.ai/tags/TheFed" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TheFed</span></a> does not forecast <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> probability.</p><p>"We don't actually, we don't make a probability forecast of how likely it is for there to be a recession, but many outside forecasters do, & many of them have raised the likelihood, …there's not much more I can say about that."</p><p>Powell stressed that he did not want to be part of a political discussion about <a href="https://masto.ai/tags/policy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>policy</span></a>.</p><p>The Fed is not responsible for <a href="https://masto.ai/tags/trade" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>trade</span></a>, <a href="https://masto.ai/tags/immigration" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>immigration</span></a>, fiscal or other policies.</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a></p>
Nonilex<p>Q & A:</p><p><a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FederalReserve</span></a> chair <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JeromePowell</span></a> was asked about recent <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> comments on the <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a>. He said he would not comment.</p><p>He also said:</p><p><a href="https://masto.ai/tags/Unhappiness" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Unhappiness</span></a> with economy seems rooted in <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> persisting.</p><p><a href="https://masto.ai/tags/Prices" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Prices</span></a> aren’t going down, people know they are paying more & are right not to be happy about it.</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USpol</span></a></p>
Nonilex<p>"The new administration is in the process of implementing substantial policy changes in four distinct areas <a href="https://masto.ai/tags/trade" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>trade</span></a>, <a href="https://masto.ai/tags/immigration" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>immigration</span></a>, fiscal policy & regulation [<a href="https://masto.ai/tags/deregulation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>deregulation</span></a>]," <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FederalReserve</span></a> chair <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JeromePowell</span></a> said.</p><p>"Our monetary policy stance is well positioned to deal with the risks & uncertainties we face as we gain a better understanding of the policy changes & their likely [adverse] effects on the <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a>. It is not our role to comment on those policies."</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FederalReserve</span></a> Chair <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JeromePowell</span></a> is speaking</p><p>Says <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> were far higher than expected & that larger than expected tariffs mean higher <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a>, slower growth.</p><p>"We face a highly uncertain outlook with elevated risks of both higher <a href="https://masto.ai/tags/unemployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>unemployment</span></a> & higher inflation," undermining both of the <a href="https://masto.ai/tags/Fed" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Fed</span></a>'s mandates of 2% inflation & maximum employment, Powell said in prepared remarks for a business journalists' conference.</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USpol</span></a></p>
Nonilex<p>Acc/to Olu Sonola, an economist at Fitch Ratings, the average <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> <a href="https://masto.ai/tags/tariff" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariff</span></a> rate on all imports will be ~22%, a rate last seen around 1910 [you, know what led up to the <a href="https://masto.ai/tags/GreatDepression" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GreatDepression</span></a>]. “This is a game changer, not only for the US economy but for the global <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a>,” Sonola said in a statement. “Many countries will likely end up in a <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a>.”</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/RevengePolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RevengePolitics</span></a> <a href="https://masto.ai/tags/PerceivedEnemies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PerceivedEnemies</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USpol</span></a></p>
Nonilex<p>…The levies <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> announced on Wed are separate from the ones he has already imposed on <a href="https://masto.ai/tags/steel" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>steel</span></a>, <a href="https://masto.ai/tags/aluminum" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>aluminum</span></a>, & foreign-made <a href="https://masto.ai/tags/cars" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cars</span></a> & parts. Taken as a whole, his tariffs represent a dramatic expansion from the more narrowly targeted duties he imposed in his first term—some of which the Biden Admin retained—& a final nail in the coffin for the open <a href="https://masto.ai/tags/trading" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>trading</span></a> environment that reigned before 2016.</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/RevengePolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RevengePolitics</span></a> <a href="https://masto.ai/tags/PerceivedEnemies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PerceivedEnemies</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USpol</span></a></p>
Nonilex<p>After weeks of nervous anticipation in the <a href="https://masto.ai/tags/financial" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>financial</span></a> <a href="https://masto.ai/tags/markets" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>markets</span></a> & in the capitals of America’s <a href="https://masto.ai/tags/trading" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>trading</span></a> partners, <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a>’s “Liberation Day” <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> have arrived, &, even by his standards, they are shockingly high & wide-ranging. “For decades our country has been looted, pillaged, raped, & plundered by nations near & far,” Trump said on Wed to a crowd at the WH that included members of <a href="https://masto.ai/tags/UAW" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>UAW</span></a>, & also elected <a href="https://masto.ai/tags/Republicans" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Republicans</span></a>.</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/RevengePolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RevengePolitics</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USpol</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> has blown up a half century’s worth of globalization.</p><p>THE TRUTH ABOUT DONALD TRUMP’S “LIBERATION DAY”</p><p>Trump’s one-man <a href="https://masto.ai/tags/TradeWar" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TradeWar</span></a> was already hurting the <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a>. His expansive new <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> will make things worse.</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/RevengePolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RevengePolitics</span></a> <a href="https://masto.ai/tags/PerceivedEnemies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PerceivedEnemies</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USpol</span></a> <br><a href="https://www.newyorker.com/news/the-financial-page/the-truth-about-donald-trumps-liberation-day" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">newyorker.com/news/the-financi</span><span class="invisible">al-page/the-truth-about-donald-trumps-liberation-day</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>China</span></a> announced the <a href="https://masto.ai/tags/RareEarth" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RareEarth</span></a> <a href="https://masto.ai/tags/minerals" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>minerals</span></a> controls late on Friday as part of a broader package of <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> & company restrictions in <a href="https://masto.ai/tags/retaliation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>retaliation</span></a> for <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a>'s decision to hike tariffs against most Chinese products to 54%.</p><p>China announced additional tariffs of 34% on <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> goods.</p><p>It added 11 entities to the "unreliable entity" list.</p><p>And it filed a complaint at the World Trade Organization <a href="https://masto.ai/tags/WTO" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WTO</span></a>.</p><p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/trumpcession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>trumpcession</span></a> <a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ETTTTS</span></a> <br><a href="https://www.reuters.com/markets/europe/europe-prepares-response-trump-tariffs-global-markets-plunge-2025-04-04/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/markets/europe/eur</span><span class="invisible">ope-prepares-response-trump-tariffs-global-markets-plunge-2025-04-04/</span></a></p>
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