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Trump, China and Wall Street

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Treasury secretary Scott Bessent, answering a reporter who asked about the slide in markets, said, “I don’t see anything unusual today.”
From The Financial Times
The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty duties he had just imposed on dozens of countries, European Com...
From Reuters

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Donald Trump Laughs Off China Reducing U.S. Movies Amid Tariff Drama: ‘I Think I've Heard Worse Things'
Donald Trump is laughing off China’s decision to reduce the number of U.S. movies it allows to play in the country. The China Film Administration confirmed the reduction on April 10 after reports surfaced a day earlier.
Wall Street sell-off resumes as Donald Trump’s China tariffs spook investors
A brutal sell-off on Wall Street resumed on Thursday as banks and investors warned that Donald Trump’s tariffs could tip the US into recession even as the president stepped back from a full-blown trade war.
Wall Street loses ground after sharp rally on Trump tariff reversal
Wall Street's main indexes fell on Thursday, coming off a blistering rally following U.S. President Donald Trump's move to temporarily lower the heavy tariffs on dozens of countries. The U-turn came less than 24 hours after the new tariffs took effect on most trading partners,
EU pauses countermeasures following Trump's tariff reprieve
Trump's turnabout, which came less than 24 hours after steep new tariffs kicked in on most trading partners, followed the most intense episode of financial market volatility since the early days of the COVID-19 pandemic.
Trump recognises tariff 'transition problems' as US markets fall again
The White House also confirmed that the tariffs on China would reach 145% due to a pre-existing 20% levy on fentanyl
S.E. Cupp: Trillions of reasons why Trump caved on tariffs
Our long national nightmare is over. Or is it? After the longest week of economic uncertainty and peril Americans have endured in a long time, President Donald Trump finally caved and announced a

Trump, showerheads and Executive Order

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President Donald Trump signed an executive order Wednesday to remove limitations on water pressure from showerheads, a subject he broached along the campaign trail and during his first term in the Whi...
From Newsweek
“I like to take a nice shower, take care of my beautiful hair,” Trump said Wednesday as he signed an executive order at the White House.
From Oregonian

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Donald Trump Signs Executive Order to 'Make America's Showers Great Again'
President Donald Trump signed an executive order Wednesday to remove limitations on water pressure from showerheads, a subject he broached along the campaign trail and during his first term in the White House.
President Donald Trump signs executive order on water pressure
President Donald Trump signed an executive order designed to “make America’s showers great again." More Videos. Trump discusses 90-day tariffs pause, Dems say he's 'feeling th
Trump signs executive order to restore 'shower freedom' previously limited from Obama, Biden
President Donald Trump signed an executive order Wednesday to "make America's showers great again" after Obama and Biden previously placed "excessive regulations" on household water appliances.
Trump ends low-flow restrictions on showerheads ‘so that people can live’
But the regulations “turned a basic household item into a bureaucratic nightmare,‘’ the White House said in a fact sheet. “No longer will showerheads be weak and worthless.”
Trump wages war on showers to protect his ‘beautiful hair’
Donald Trump has signed an executive order lifting water pressure restrictions on showerheads, a move the White House said would “make America’s showers great again”.
Trump to lift water curbs to 'make America's showers great again'
President Donald Trump, after complaining about it for years, signed an order to lift restrictions on water pressure in showers on Wednesday, saying he wanted to

China, Trump and Trade War

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President Donald Trump has dismissed concerns about his trade war with China escalating beyond the exchange of eye-watering tariffs, alluding to a cache of "the most powerful weapons in the world." Ne...
From Newsweek
China announced countermeasures on Friday, raising tariffs on U.S. goods from 84% to 125% starting Saturday.
From Time
In the days following Donald Trump's initial announcement of sweeping tariffs, stock markets across the world plummeted. But on Wednesday evening, after news broke of the 90-day pause, they rallied.
From BBC

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Donald Trump Sends Warning to China: 'Most Powerful Weapons in the World'
President Donald Trump has dismissed concerns about his trade war with China escalating beyond the exchange of eye-watering tariffs, alluding to a cache of "the most powerful weapons in the world." Newsweek has reached out to the Chinese embassy in Washington for comment via email.
Tracking Trump: An escalating trade war with China; Congress advances Trump’s agenda; an executive order on showers; and more
The agency is hiring lawyers willing to defend the most controversial parts of Trump’s agenda, and firing career attorneys that leaders view as standing
Here's What Some Exporters in China Say About Trump's Trade War
The trade war between the world’s two largest economies is escalating as China slapped a 125% tariff on U.S. goods in response to President Donald Trump’s 145% tariff on Chinese products
China Announces Countermeasures by Raising Tariffs on U.S. Goods From 84% to 125% From Saturday
The U.S. and China have escalated trade war by raising tariffs even as Trump hit a pause on tariffs for other countries.
Trump says he would love to make a trade deal with China
U.S. President Donald Trump said on Thursday that he would love to get a deal with China to end an escalating trade war.
Will Tariffs Cause a Recession? Probably Not
Given the market turmoil, it appears that the breadth and depth of President Donald Trump’s tariffs surprised all but the most pessimistic of observers. Accounting for yesterday’s surprise 90-day discount to all countries except China — as well as the hike to 125% on China — his proposals are the equivalent of a 23-percentage-point increase in the average US effective tariff rate,
European markets rally after Trump's tariffs paused
The UK's FTSE 100 is up 6%, but Donald Trump's universal 10% levy for all countries, except China, remains in place.
Global Shares Jump After U.S. Stocks Soared to Historic Gains When Trump Paused Most of His Tariffs
Chinese shares saw more moderate gains, given yet another jump in the tariffs each side is imposing on each others’ exports. Futures for the S&P 500 was down 2.0% while those for the Dow Jones Industrial Average edged 1.
Higher US tariffs on hold but China trade war grows
Trump has said he is authorising a universal "lowered reciprocal tariff of 10%" for most countries, except China, while tariff negotiations continue.

Trump, tariffs

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"We think we're in very good shape. We think we're doing very well. Again there will be a transition cost, transition problems, but in the end it's going to be a beautiful thing," Trump said.
From ABC
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending glo...
From Reuters
Trump backed off imposing worldwide higher-rate tariffs, or taxes on imports.
From BBC

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Hiltzik: No one understands Trump's thinking on tariffs. Here are the top guesses
For a brief, shining moment Wednesday, it looked as though some semblance of sanity had crept into Donald Trump's trade war. Trump abruptly reversed course on the "reciprocal" tariffs he had begun to impose on scores of America's leading trading partners and other countries.
Trump tariffs live updates: Trump threatens to return to higher tariffs
President Donald Trump on Thursday said he would return to the higher tariff rates announced last week if he can't reach a deal with trading partners during the 90-day pause he announced on Wednesday.
How Trump changed his mind on tariffs
Trump and officials in his administration were fielding calls from worried allies, and his advisers presented him with worrying data about the bond markets.
In stunning U-turn, Trump walks back some tariffs, triggering historic market rally
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.
Trump allies relieved by tariffs U-turn
US President Donald Trump's political allies reacted with relief after Wednesday's U-turn on tariffs, insisting it was part of a wider plan. Trump backed down from imposing worldwide higher-rate tariffs,
Trump's Buy Tip Before Tariff Reversal Nets Massive One-day Gains for Investors Who Followed
US President Donald Trump said yesterday in a Truth Social post that it is a great time to buy before the stock market surged on his reversal of reciprocal tariffs.
Trump allies relieved by tariffs reprieve
US President Donald Trump's political allies reacted with relief after Wednesday's U-turn on tariffs, insisting it was part of a wider plan. Trump backed off imposing worldwide higher-rate tariffs, or taxes on imports.
Trump Accidentally Burned Himself With His Own Question, And People Cannot Stop Laughing
How do you get to be president and you’re stupid?” Trump asked reporters in the Oval Office, as he tried to shift blame for America’s economic challenges more onto his predecessors and not as much on China,
Donald Trump Accidentally Roasts Himself With Oval Office Question
How do you get to be president and you’re stupid?” Trump asked reporters in the Oval Office, as he tried to shift blame for America’s economic challenges onto his predecessors and not China, whose products he has now hit with a 125% tariff.
Donald Trump's Approval Rating Tanks Over Tariffs
The tariffs' popularity and impact on the economy could be crucial to the outcome of the 2026 midterm elections.
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Donald Trump's Striking Signature Has People Wondering If There's A Meaning Behind It. Handwriting Analysts Weigh In.
The way your letters slant or curve and the direction of your pen strokes can reveal a lot about your personality, according to graphologists.
Supreme Court lets Donald Trump fire independent board members – for now
The Supreme Court reversed that action Wednesday, in line with what Trump requested earlier in the day. "The President should not be forced to delegate his executive power to agency heads who are demonstrably at odds with the Administration’s policy objectives for a single day – much less for the months that it would likely take for the courts to resolve this litigation,
Donald Trump Explains His 90-Day Tariff Pause: People Were Getting 'Yippy'
Trump said he decided to pause tariffs because people "were getting yippy" and "a little bit afraid" amid days of market turmoil.
Donald Trump’s New Hot Take On His Tariffs Sparks 1 Hell Of An Eye Roll Online
Donald Trump drew fresh mockery online Tuesday for his latest spin on the ongoing fallout from his tariffs, which have sparked concerns of a global recession and been questioned by even some of his staunchest supporters.
Why Elon Musk is breaking with Donald Trump over tariffs
The Tesla CEO has been one of Trump's most outspoken cheerleaders — but Musk is not a fan of the tariffs that have shaken global markets.
Donald Trump Backpedaling on Tariffs Shows Weakness—Economist
On Wednesday, Trump said he was pausing his sweeping set of 10 percent tariffs on global trading partners that he had announced earlier in the month. The pause wil
Donald Trump Makes Crassest Of Claims About Countries Responding To His Tariffs
President Donald Trump was slammed Tuesday for what critics described as a classless claim about how foreign countries are responding to his tariffs, which have tanked stock markets. “I’m telling you, these countries are calling us up, kissing my ass,” Trump bragged at the National Republican Congressional Committee Dinner in Washington, D.C.
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