Trump News for Wednesday, April 9, 2025
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Apple is flying in iPhones from Asia to outrun Trump's tariffs, but a price hike seems imminent (UPDATED)
PhoneArena
Apple will soon have a major decision to make regarding President Donald Trump's tariffs.
Apr 9, 2025, 11:56 PM
India says talks on to finalise trade pact with US by autumn
The Indian Express
While the 10 per cent baseline tariffs for all countries came into effect from April 5, the 27 per cent reciprocal tariffs kicked in on April 9. Trump later paused these tariffs for most countries — but raised them to 125% for China.
Apr 9, 2025, 11:53 PM
China’s new tariffs on US goods to come into effect as Trump pauses measures for other countries - business live
The Guardian
China 84% retaliatory tariffs on US goods, announced on Wednesday, are due to come into effect on Thursday
Apr 9, 2025, 11:50 PM
What’s likely to move the market
CNBC
President Trump announced a reprieve on some 'reciprocal' tariffs, lifting the S&P 500 to its biggest gain since 2008. What CNBC is watching Thursday.
Apr 9, 2025, 11:50 PM
Magnificent Seven adds whopping $1.5T in value as Trump pauses sweeping tariffs
New York Post
The "Magnificent Seven" stocks amassed more than $1.5 trillion in market value on Wednesday after President Trump paused his sweeping tariffs for 90 days, easing pressure on tech giants that had tumbled in recent sessions.
Apr 9, 2025, 11:48 PM
Markets soar as Trump pauses most global tariffs, escalates trade war with China
The Mercury News
WASHINGTON — President Donald Trump walked back plans on Wednesday for a global trade war that sparked fears of economic panic and recession, a dramatic reversal after a week of market turmoil that led to a historic surge of relief on Wall Street. But the president further escalated his standoff with China over tariffs, raising duties on America’s third-largest trading partner to 125%. Trump’s ...
Apr 9, 2025, 11:48 PM
What to do about China?
New York Post
President Donald Trump took “yes” for an answer Wednesday, pausing for three months most of his reciprocal tariffs to allow for one-on-one negotiations with the dozens of nations that had come calling since he dropped the bomb last week.
Apr 9, 2025, 11:38 PM
Trump Cancellation Of Humanities Grants Sends Doc Filmmakers Reeling
Deadline
The Trump administration's abrupt cancellation of humanities endowment grants is devastating documentary filmmakers.
Apr 9, 2025, 11:33 PM
Appeals court rules Trump administration can fire thousands of probationary federal workers
New York Post
An appeals court on Wednesday gave the Trump administration the greenlight to fire thousands of federal workers, overturning a lower court order that forced the government to reinstate terminated probationary employees.
Apr 9, 2025, 11:31 PM
Trump focuses his economic war on China. Will weary U.S. allies follow?
CBC.ca
U.S. President Donald Trump sent stock markets soaring on Wednesday by softening some of his market-crushing reciprocal tariffs — though many remain in place. And China will now get a 125 per cent tariff, part of an exchange of economic blows between the superpowers.
Apr 9, 2025, 11:25 PM