Trump Claims EU Tariff Victory As US-China Trade Tensions Rattle Markets

Quick Summary:

US President Donald Trump declared that the European Union had pulled back from imposing retaliatory tariffs due to his firm stance on China, even as Wall Street suffered sharp losses and trade tensions with Beijing deepened.

China announced a reduction in Hollywood film imports as part of its response but emphasised the importance of continued dialogue.

Despite the selloff, Treasury Secretary Scott Bessent maintained a positive outlook, saying he did not see “anything unusual” and pointed to better-than-expected US inflation figures and other indicators.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: MalaysiaCanadaChinaPakistanUnited StatesVietnam

Topics: US America Tariff Trump EU Global News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 02:41:54 (4 days ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 540 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 27783413

View Article Analysis

About Business Today

Main Topics: EconomyBusiness

Official Website: businesstoday.com.my

Update Frequency: 41 posts per day

Year Established: 2001

Headquarters: Malaysia

News Last Updated: 10 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #72

Publisher Details

Frequently Asked Questions