Thursday, April 3, 2025

Thursday Afternoon Links

[CNBC] Dow drops 1,200 points, S&P 500 loses 3% as stock market rout on Trump's tariffs worsens: Live updates

[Reuters] Euro, yen surge vs dollar as investors grapple with tariff aftermath

[Yahoo/Bloomberg] Treasury Yields Approach 6-Month Low as Trump Tariffs Rattle Markets

[Yahoo/Reuters] US bank stocks sink as Trump's tariffs cloud dealmaking, loan demand

[Yahoo/Bloomberg] European Stocks Sink by Most Since August on Tariff Shock

[Yahoo/Bloomberg] Oil tanks 7% amid 'panic selling' as Trump tariffs, OPEC+ supply increases send prices reeling

[AP] Trump’s tariff push is a race against time, and potential voter backlash

[AP] Canadian prime minister says Canada will match US auto tariffs

[Reuters] Trump tariffs pile stress on ailing world economy

[Yahoo/Bloomberg] Germany and France Push for More Aggressive Tariff Response

[Yahoo/Bloomberg] Carmakers Idle Plants, Rethink Prices as Trump’s Tariffs Hit

[Yahoo/Reuters] Trump tariffs could stymie Big Tech's US data center spending spree

[Yahoo Finance] Trump just put the Fed in an 'even greater bind'

[Yahoo Finance] US economy ‘dangerously vulnerable’ to recession: Wall Street reacts to tariff fallout

[CNN] This is the dubious way Trump calculated his ‘reciprocal’ tariffs

[Bloomberg] Citi, Bank of America Lead Worst Rout Since Regional Bank Crisis

[Bloomberg] US Services Index Falters as Employment Shrinks Most Since 2023

[WSJ] Tariffs Will Hit All U.S. Imports. Price Hikes for These Items May Surprise You

[WSJ] EU’s Von Der Leyen Vows Response to Trump’s 20% Tariffs

[WSJ] White House Fires Several Members of Trump’s National Security Council

[FT] America’s astonishing act of self-harm

[FT] Dollar drops as Donald Trump’s tariffs stoke economic fears

[FT] European banks exposed to risk of US dollar shortfall, says EU watchdog

[FT] Sweeping tariffs threaten ‘Factory Asia’

[FT] Fitch downgrades China’s sovereign debt over spending and tariffs