Trump team tries to project confidence and calm after his tariff moves rattled markets
  • April 13, 2025

Trump team tries to project confidence and calm after his tariff moves rattled markets

Trump administration officials were out in force across the television networks Sunday defending President Donald Trump’s economic policies after another week of reeling markets that saw the Republican administration reverse course on some of its steepest tariffs. Trump, meanwhile, said on his social media platform that there ultimately will be no exemptions for his sweeping tariff agenda, disputing characterizations that he has granted tariff exceptions for certain electronics, including smart phones, whose production is concentrated in China.

Emerging markets face ‘wrecking ball’ from tariff turmoil
  • April 13, 2025

Emerging markets face ‘wrecking ball’ from tariff turmoil

(Bloomberg) -- The upheaval coming from the Trump administration’s tariffs is reinforcing views that the riskiest assets face more losses ahead. Most Read from BloombergThe Secret Formula for Faster TrainsIn Chicago, a Former Steel Mill Looks to Make a Quantum LeapMidtown Office Building Evacuated on Concerns of Wall CollapseNYC Tourist Helicopter Crashes in Hudson River, Killing SixEven Oslo Has an Air Quality ProblemMost emerging-market currencies will decline, according to Societe Generale SA