Chinese censors appeared to be carefully curating public discussion about the U.S. tariffs that took effect on Wednesday. They promoted criticism of the United States, while seemingly playing down the specifics of how President Trump’s move would effectively increase import taxes on Chinese goods to 104 percent.On Weibo, a popular social media platform, several hashtags that used the number 104 — such as “104 tariff rate” or “America to impose 104 percent tariff on Chinese goods” — returned an error message that said: “Sorry, the content of this topic is not displayed.”But other hashtags that focused more squarely on mocking…
Author: usaeverydaylife
Navigating the market’s wild swings may be nerve-wracking, but certain dividend stocks can help smooth the ride, according to investor Jenny Harrington. Stocks rebounded on Tuesday after three sessions of steep declines. The market rout began after President Donald Trump announced his sweeping tariff policy last week. On Monday, the S & P 500 briefly entered bear market territory, but was up 3.8% on Tuesday. Harrington, CEO of Gilman Hill Asset Management, focuses on creating income that is not only attractive but keeps flowing even during difficult times. That can stop investors from selling when the market tumbles, she said.…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKaren Finerman, Metropolitan Capital president, joins the ‘Fast Money’ traders to discuss the continued market sell-off and how she’s navigating the volatility.01:52Tue, Apr 8 20256:07 PM EDT Source link
Washington, DC – March 12 : President Donald J Trump meets with Ireland’s Prime Minister Michael Martin in the Oval Office at the White House on Wednesday, March 12, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty ImagesStock futures fell early Wednesday, as investors braced for the rollout of President Donald Trump’s tariffs set to take effect shortly after midnight Wednesday. The S&P 500 was inches away from a bear market, under pressure in recent days from the worst selling since the outbreak of the pandemic in 2020.Futures tied to the Dow Jones Industrial Average dropped 583 points,…
As its trade negotiators rushed to Washington to seek a reprieve from President Donald J. Trump’s blanket tariffs, South Korea on Wednesday announced new measures to soften the blow of levies on the country’s carmakers.The two efforts underlined the delicate balance that South Korea needs to strike after the country, one of the most loyal U.S. allies in Asia, was hit by some of the heaviest tariff rates announced by President Trump last week.Mr. Trump on Tuesday cheered the imminent arrival of the negotiating team from South Korea, which is led by Trade Minister Cheong In-kyo.“Their top TEAM is on…
An attractive entry point has opened up into Levi Strauss after the recent market sell-off, according to JPMorgan. Analyst Matthew Boss upgraded Levi to overweight from neutral, but cut his 12-month price target by nearly 11% to $17. The new target suggests shares could jump nearly 26% from their latest close. Levi also pays a 3.85% dividend. Levi, down 30% over the past six months on macroeconomic concerns, surged 14% in early trading Tuesday on the back of JPMorgan’s upgrade. Boss believes the company’s combination of the stock and an improving business profile under CEO Michelle Gass provides an opportunity…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCarter Worth, Worth Charting, joins ‘Fast Money’ to track what the charts are saying in the energy sector as it leads to the downside in today’s trading session.02:15Tue, Apr 8 20256:09 PM EDT Source link
Signage for the Reserve Bank of India (RBI) in Mumbai, India, on Friday, April 5, 2024. Dhiraj Singh | Bloomberg | Getty ImagesIndia’s central bank cut its policy rate by 25 basis points to 6%, marking its lowest level since September 2022 as growth concerns mount in the world’s fifth largest economy.The rate cut was in line with expectations from analysts polled by Reuters, and comes as the U.S.’ reciprocal tariffs kicked in at midnight stateside (9.31 a.m. India time) with a 26% levy slapped on goods coming in from India.In its monetary policy statement, the RBI noted that tariffs have…
Aerial view of containers for export sitting stacked at Qingdao Qianwan Container Terminal on April 5, 2025 in Qingdao, Shandong Province of China. Vcg | Visual China Group | Getty ImagesThe United Nations shipping agency is on the cusp of introducing binding regulations to phase out fossil fuel use in global shipping — with the world’s first-ever global emissions levy on the table.The International Maritime Organization (IMO) will this week hold talks at its London headquarters to hammer out measures to reduce the climate impact of international shipping, which accounts for around 3% of global carbon emissions.Some of the measures on…
Dozens of people have died in the Democratic Republic of Congo after torrential rains flooded the capital, Kinshasa, in the last few days, and destroyed hundreds of homes.The Ndjili River running through the megacity of 17 million people, one of the largest on the continent, burst its banks and submerged major roads, including Lumumba Boulevard, the main road leading to the airport. Government officials said thousands of people have been displaced and at least 33 had been killed, though they warned that the death toll would likely rise as the floods recede.Many African countries are facing frequent, deadly floods and…
