Bloomberg News Now April 11, 2025: Trump Floats Tariff Exceptions, Gains on Wall Street, More
Apr 12, 2025
The discussion dives into President Trump's commentary on trade policies and his cognitive health, sparking intriguing debates. Listeners learn about the implications of potential tariff exceptions on China and their effect on American consumer sentiment. Wall Street's mixed responses amid recession concerns add to the lively conversation. It's a captivating exploration of how economic sentiment and trade tensions are intricately linked.
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Leverage in Trade Negotiations
- President Trump sees potential positive outcomes from trade tensions despite China's retaliatory tariffs.
- White House uses leverage from global trade reliance to negotiate better deals for the U.S.
Market Reacts to Trade Fears
- Wall Street closed higher despite high volatility amid fears of recession from U.S.-China trade tensions.
- Investor caution remains strong, with some planning to reduce U.S. asset exposure.
Tariff Impact on Consumer Sentiment
- U.S. consumer sentiment dropped to a nearly three-year low following tariff announcements.
- Tariff escalations cause dips in sentiment and increased inflation expectations without relief when reversed.