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Trump's car tariff hits: Purchasing options for American working class squeezed
On April 2, US President Donald Trump announced a 25% tariff on imported cars, set to take effect on April 3. While the Trump administration claims this measure aims to revitalize the American automotive industry, many experts have raised concerns about the potential negative impacts.
World
2025.04.03 14:35
Opinion | Trump's 'reciprocal tariffs' spark global backlash, accelerating supply chain decentralization
U.S. President Donald Trump's announcement of so-called "reciprocal tariffs" on global trading partners has triggered widespread opposition and concern. Traditional allies like the European Union and Canada swiftly vowed retaliatory measures, as Trump politicizes trade issues to serve his agenda of "Making America Great Again (MAGA)" and perpetuating U.S. hegemony. Such actions, which defy economic principles and undermine free trade, risk accelerating the "de-Americanization" of global supply chains.
Deepline
2025.04.04 21:04
US markets plunge on 'reciprocal tariffs' announcement; Trump says it was 'expected'
According to CCTV News, US President Donald Trump has announced the implementation of "reciprocal tariffs" on trade partners, a move that has heightened concerns about a full-scale trade war and a potential global economic slowdown. On April 3, US stock markets plummeted, with all three major indexes in New York experiencing their worst single-day percentage declines in approximately five years. The S&P 500 alone lost roughly US$2.4 trillion in market value during the trading session.
Business
2025.04.04 20:01
Average MPF earnings reach HK$9,126 in Q1 2025: Market volatility expected ahead
On April 3, GUM, a Mandatory Provident Fund (MPF) advisory company, announced its Q1 2025 MPF performance report.
Hong Kong
2025.04.03 19:00
US tariff policy sparks limited impact on HK stocks, GUM predicts
US President Trump announced a reciprocal tariff policy with a 34% tariff on Chinese imports. GUM's Mr. Chan expects limited impact on Hong Kong stocks, citing Asia's reduced reliance on the US market and breakthroughs in China's tech industry. The Hang Seng Index may reach 24,000 points by Q2's end, while US stocks are projected to remain steady. However, net outflows from Hong Kong equity funds persist, and investor confidence in Hong Kong stocks remains cautious despite recent gains.
Business
2025.04.03 16:15
Trump's car tariff hits: Purchasing options for American working class squeezed
On April 2, US President Donald Trump announced a 25% tariff on imported cars, set to take effect on April 3. While the Trump administration claims this measure aims to revitalize the American automotive industry, many experts have raised concerns about the potential negative impacts.
World
2025.04.03 14:35
Opinion | Trump's 'reciprocal tariffs' spark global backlash, accelerating supply chain decentralization
U.S. President Donald Trump's announcement of so-called "reciprocal tariffs" on global trading partners has triggered widespread opposition and concern. Traditional allies like the European Union and Canada swiftly vowed retaliatory measures, as Trump politicizes trade issues to serve his agenda of "Making America Great Again (MAGA)" and perpetuating U.S. hegemony. Such actions, which defy economic principles and undermine free trade, risk accelerating the "de-Americanization" of global supply chains.
Deepline
2025.04.04 21:04
Opinion | Trump's 'reciprocal tariffs' spark global backlash, accelerating supply chain decentralization
U.S. President Donald Trump's announcement of so-called "reciprocal tariffs" on global trading partners has triggered widespread opposition and concern. Traditional allies like the European Union and Canada swiftly vowed retaliatory measures, as Trump politicizes trade issues to serve his agenda of "Making America Great Again (MAGA)" and perpetuating U.S. hegemony. Such actions, which defy economic principles and undermine free trade, risk accelerating the "de-Americanization" of global supply chains.
Deepline
2025.04.04 21:04
US markets plunge on 'reciprocal tariffs' announcement; Trump says it was 'expected'
According to CCTV News, US President Donald Trump has announced the implementation of "reciprocal tariffs" on trade partners, a move that has heightened concerns about a full-scale trade war and a potential global economic slowdown. On April 3, US stock markets plummeted, with all three major indexes in New York experiencing their worst single-day percentage declines in approximately five years. The S&P 500 alone lost roughly US$2.4 trillion in market value during the trading session.
Business
2025.04.04 20:01
Average MPF earnings reach HK$9,126 in Q1 2025: Market volatility expected ahead
On April 3, GUM, a Mandatory Provident Fund (MPF) advisory company, announced its Q1 2025 MPF performance report.
Hong Kong
2025.04.03 19:00
US tariff policy sparks limited impact on HK stocks, GUM predicts
US President Trump announced a reciprocal tariff policy with a 34% tariff on Chinese imports. GUM's Mr. Chan expects limited impact on Hong Kong stocks, citing Asia's reduced reliance on the US market and breakthroughs in China's tech industry. The Hang Seng Index may reach 24,000 points by Q2's end, while US stocks are projected to remain steady. However, net outflows from Hong Kong equity funds persist, and investor confidence in Hong Kong stocks remains cautious despite recent gains.
Business
2025.04.03 16:15
Trump's car tariff hits: Purchasing options for American working class squeezed
On April 2, US President Donald Trump announced a 25% tariff on imported cars, set to take effect on April 3. While the Trump administration claims this measure aims to revitalize the American automotive industry, many experts have raised concerns about the potential negative impacts.
World
2025.04.03 14:35
US stock market posts worst quarterly performance in over two years
The US stock market recorded its worst quarterly performance in more than two years, weighed down by ongoing trade tensions and other factors impacting investor sentiment, according to reports from CCTV News. The Nasdaq Composite Index fell by 10.4% in the first quarter of 2025, marking its largest single-quarter decline since Q2 of 2022. Similarly, the S&P 500 Index dropped by 4.6%, the worst quarterly performance since Q3 of 2022.
World
2025.04.02 17:46
Watch This | Tesla on roller coaster: Mysterious reversal after humongous plunge of stock price jitters market
Recently, Tesla's stock price has been on a "roller coaster" ride, experiencing astonishingly wild fluctuations. First, it plunged by more than 15% in a single day, and its market value evaporated by nearly one trillion yuan overnight, causing an uproar in the market. All parties have launched in-depth analyses of the causes of this stock price avalanche. But just when everyone thought Tesla was about to sink into a trough, its stock price rebounded strongly, staging a reversal drama.
Young Voices
2025.04.01 15:15
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