We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
The Tycoon Herald
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Reading: Trump tariffs reside: President says US will ‘soon’ slap levies on chips and prescription drugs
Sign In
The Tycoon HeraldThe Tycoon Herald
Font ResizerAa
Search
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© Tycoon Herald. All Rights Reserved.
Trump tariffs reside: President says US will ‘soon’ slap levies on chips and prescription drugs
The Tycoon Herald > Economy > Trump tariffs reside: President says US will ‘soon’ slap levies on chips and prescription drugs
Economy

Trump tariffs reside: President says US will ‘soon’ slap levies on chips and prescription drugs

Tycoon Herald
By Tycoon Herald 2 Min Read Published April 4, 2025
Share
SHARE

US shares tumbled on Thursday whereas the greenback sank, as buyers wager that Donald Trump’s sweeping tariffs would end in ache for the US financial system.

Some content material couldn’t load. Verify your web connection or browser settings.

Trump tariffs reside: President says US will ‘soon’ slap levies on chips and prescription drugs

The S&P 500 was down 3.8 per cent. The Nasdaq Composite tumbled 4.9 per cent, dragged down by an 8.5 per cent fall for index heavyweight Apple.

The greenback was down 1.7 per cent towards a basket of rivals.

Brent crude, the worldwide oil benchmark, was down 6.8 per cent at $69.86 a barrel. WTI, the US benchmark, fell 7.1 per cent to $66.59 a barrel.

“The collapse is a loss of confidence in dollar-denominated assets in general,” mentioned Francesco Pesole, a forex strategist at ING. “It’s a vote of no confidence on 100 days of Trump.”

Robert Tipp, PGIM’s head of world bonds, mentioned markets had been “very complacent” however now they’re going into “spiral mode of trading toward a recession until they have probable cause to stop”.

The strikes got here after Trump mentioned a levy of 10 per cent would apply to almost all US imports from April 5, and that dozens of nations, together with China, can be topic to additional “reciprocal” tariffs from April 9.

European shares had been additionally hit on Thursday, with the continent-wide Stoxx Europe 600 index closing 2.6 per cent decrease, led by an enormous sell-off in shares of export-focused corporations.

“THE OPERATION IS OVER! THE PATIENT LIVED, AND IS HEALING,” Trump wrote on Thursday on his Reality Social platform.

“THE PROGNOSIS IS THAT THE PATIENT WILL BE FAR STRONGER, BIGGER, BETTER, AND MORE RESILIENT THAN EVER BEFORE,” he added.

You Might Also Like

US shale bosses decry ‘chaos’ in Trump administration’s power coverage

Conventional US commerce lobbies are being overlooked within the chilly

Aluminium costs pushed larger by world provide squeeze

A Lehman Brothers memorial PDF dump

FirstFT: Crypto teams hit out at UK stablecoin plan

TAGGED:ChipslevieslivePharmaceuticalspresidentSlaptariffsTrump
Share This Article
Facebook Twitter Email Copy Link Print
NFL: Inexperienced Bay Packers snatch 40-40 draw with Dallas Cowboys in time beyond regulation for second-highest-scoring draw ever
Sports

NFL: Inexperienced Bay Packers snatch 40-40 draw with Dallas Cowboys in time beyond regulation for second-highest-scoring draw ever

Inexperienced Bay Packers landed a subject objective as time ran out in time beyond regulation to grab a 40-40 tie with Dallas Cowboys after the lead modified arms seven occasions.Brandon…

By Tycoon Herald 4 Min Read
Terence Crawford Held By Cop at Gunpoint, on Video
September 29, 2025
Gary Neville: Arsenal last-gasp win at Newcastle to shut on Liverpool will ‘give them enormous confidence’, says Sky Sports activities pundit
September 29, 2025
Steelers QB Skylar Thompson Reportedly Assaulted and Robbed in Dublin
September 29, 2025
Ryder Cup 2025: Group Europe full historic away win regardless of Group USA’s singles fightback at Bethpage Black
September 29, 2025

You Might Also Like

India’s push for EU commerce deal hit by basmati rice dispute
Economy

India’s push for EU commerce deal hit by basmati rice dispute

By Tycoon Herald 5 Min Read
How Emmanuel Macron’s France grew to become Europe’s fiscal drawback youngster
Economy

How Emmanuel Macron’s France grew to become Europe’s fiscal drawback youngster

By Tycoon Herald 10 Min Read
FirstFT: Trump ally Charlie Kirk shot lifeless in Utah
Economy

FirstFT: Trump ally Charlie Kirk shot lifeless in Utah

By Tycoon Herald 8 Min Read

More Popular from Tycoon Herald

MEET THE FATHER OF COADUNATE ECONOMIC MODEL
BusinessTrending

MEET THE FATHER OF COADUNATE ECONOMIC MODEL

By Tycoon Herald 2 Min Read
Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

By Tycoon Herald
Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments
InnovationTrending

Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments

By Tycoon Herald 7 Min Read
Sports

Girls’s Sequence Darts: Fallon Sherrock and Beau Greaves declare titles at occasions 11 and 12 in Rosmalen

Fallon Sherrock and Beau Greaves rounded off the third weekend of PDC Girls's Sequence motion with…

By Tycoon Herald
Entertainment

Ben Affleck Embraces Matt Damon’s Spouse After Matt’s Coronary heart-to-Coronary heart with J Lo

Ben Affleck's leaning on his associates in the course of his divorce ... giving a giant…

By Tycoon Herald
Trending

U.S. Blew Up a C.I.A. Post Used to Evacuate At-Risk Afghans

A controlled detonation by American forces that was heard throughout Kabul has destroyed Eagle Base, the…

By Tycoon Herald
Leadership

Northern Lights: 17 Best Places To See Them In 2021

Who doesn’t dream of seeing the northern lights? According to a new survey conducted by Hilton, 59% of Americans…

By Tycoon Herald
Real Estate

Exploring Bigfork, Montana: A Little Town On A Big Pond

Bigfork, Montana, offers picturesque paradise in the northern wilderness. National Parks Realty With the melting of…

By Tycoon Herald
Leadership

Leaders Need To Know Character Could Be Vital For Corporate Culture

Disney's unique culture encourages young employees to turn up for work with smiles on their faces.…

By Tycoon Herald
The Tycoon Herald

Tycoon Herald: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Terms of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© Tycoon Herald. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?