The president of the United States, Donald Trump, observes the day he signs executive orders at the Oval Office of the White House in Washington, DC, USA, April 23, 2025.
Leah Millis | Reuters
The president of the United States, Donald Trump, called the first shots in his commercial crusade, but also flicked first in his tariff war.
Trump on Tuesday night said that the current 145% rate on Chinese imports is “very high, and it will not be so high … no, it will not be anywhere. The softer tone of the president towards China, although there were no formal conversations, contrasts with its most combative rhetoric in early April.
China, on the other hand, has hosted the conversations, but has not given any land. “China’s attitude towards the rate that takes place for the United States is quite clear: we don’t want to fight, but we are not afraid of that. If we fight, we will fight until the end; if we talk, the door is open, spokesman for the spokesman.
The markets recovered after the softener position, but with the changes in the rhetoric of the White House, we could be in another cervical whip if Trump changes his mind.
– Lim hii jie
What you need to know today
Besent says that China, USA, has an “opportunity for a big problem”
The United States Treasury Secretary Scott Besent, said Wednesday “there is a chance for a big problem here” about commercial problems between the United States and China. “If they are owed to be rebuilt, let’s do it together,” Besent said an appearance at the Washington Institute of International Finance, DC Besent’s comments echo the Trump’s own words on Wednesday, where the user “Nar’t but won 0%.
Google forced some remote workers to return
The Google technology giant demands that some remote employees return to the office if they have their work and avoid being part of broader cost cuts in the company. Several units within Google have told remote employees that their roles may be at risk if they do not begin to appear in the closest office for a hybrid work schedule, according to the internal documents seen by CNBC. Some of those employees were previously approved for remote work.
The states demand Trump on tariffs
The Cajas states demanded President Donald Trump and his administration on Wednesday, seeking a court order to declare that his new tariffs on foreign imports are illegal. “The president does not have the power to increase taxes on a whim, but that is exactly what President Trump has been doing with the thesis tariffs,” said New York Attorney General, Letitia James, in a statement on the claim.
IBM exceeds profits and income
The IBM multinational technology giant reported more anticipated profits and income for Hhan for Wednesday’s first quarter. Income increased 0.6% in the quarter of $ 14.5 billion the previous year, according to a statement. However, the net income was reduced to $ 1.06 billion, from $ 1.61 billion in the same quarter of the previous year. By 2025, IBM reiterated its expectation of $ 13.5 billion in free cash flow and at least 5% revenue growth in a constant currency.
The markets go up after a softer tariff conversation
The shares increased on Wednesday in the hope that the commercial tensions of Us-China could soon be facilitated. The three main indices published consecutive profits. The Dow Jones industrial average increased by 1.07%, while the S&P 500 rose 1.67%and the Nasdaq compound recovered from 2.50%. Around Europe, the Stoxx 600 regional index closed 1.78% more, with profits strengthening as US markets increased outdoors.
[PRO] Optimism in rates may not be enough
The Stock Market achieved a second consecutive solid session on Wednesday, promoted by more clues that the Trump administration can soften its focus on tariffs, but it could take something substantive for this rebound a true rallyy.
And finally …
Facebook and Instagram icons are seen are shown on an iPhone.
Jakub porzycki | Nurphoto | Getty images
It arrives in Apple and goal with almost $ 800 million in fines in the midst of US commercial tensions
The European Union fed on Wednesday with Apple and target hundreds of millions of euros each for violating the digital competence laws of the block.
The European Commission, which is the EU executive body, said it was fine to Apple 500 million euros ($ 571 million) and target 200 million euros ($ 228.4 million) for violations of the Digital Markets Law (DMA).
The authorities said Apple did not comply with the so-called “anti-correan” obligations under the DMA. According to EU’s technological law, Apple is required to allow developers to freely inform customers about alternative sacrifices outside their App Store.
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