Apr 4, 2025
Everything's Awesome
A nice little five-fecta.
"The economic pain that will be brought by these tariffs are hard to describe and can essentially take the US tech industry back a decade," Dan Ives said.
Stock futures tumbled again on Friday after China said it would impose a 34% tariff on US imports, while European markets continued to slide.
Stocks plummeted on Thursday in reaction to a widening global trade war. With few parallels in history, markets are wondering where things go from here.
As president Trump's latest tariffs weigh on growth outlooks, OPEC+ members unveiled plans for an output boost that outpaced expectations.
Is the trade war Trump's strategy to bring down interest rates?
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