Stocks, dollar sink and gold hits record high, world's largest money manager BlackRock sounds alarm over US economy. Watch in for more details!

World's largest money manager BlackRock sounds alarm over US economy

The deadly helicopter crash in the Hudson River killed all six people on board on Thursday (April 11). Later on Friday, outrage grew as heartbreaking photos of the victims, taken during the tour, appeared on the New York Helicopter Tours website for purchase at $25 each.&nbsp;
The tragic crash happened at around 3:15 pm on Thursday. It killed five Spanish tourists and the pilot. Agust&iacute;n Escobar, CEO of Siemens Spain, along with his wife and three children, were among the six victims killed in the crash.&nbsp;
Later, today, photos of the family were posted on the tour website as part of the usual tour package.&nbsp;
Also read: <a href="https://www.wionews.com/world/helicopter-crash-hudson-river-victims-photo-shows-agust&iacute;n-escobar-8949376">Who is Agust&iacute;n Escobar, the tech CEO who died along with wife and 3 kids in Hudson river helicopter crash?</a>
In the pictures, the six members of the family were seen smiling in front of the doomed helicopter ahead of the crash, Mirror US reported.&nbsp;
The images were posted on the website for four hours but were later removed. People were disheartened to see those pictures of their family members.&nbsp;
Also read: <a href="https://www.wionews.com/world/video-shows-exact-moment-helicopter-broke-apart-mid-air-falling-from-sky-directly-into-hudson-river-8949246">Video shows exact moment helicopter broke apart mid-air and fell from sky directly into Hudson River</a>
<h2>How did the crash happen?</h2>
The Bell 206L-4 LongRanger IV took off from the Wall Street Heliport and circled near the Statue of Liberty.&nbsp;
It then flew up to the Hudson River and the George Washington Bridge at about 1000 feet. It was then seen going down closer to the New Jersey side of the Hudson.
Witnesses said they saw the chopper "split into half". Another man reported hearing a loud sonic boom. The reason behind the crash is not known. A video of the incident showed the helicopter sinking into the water.
Also read: <a href="https://www.wionews.com/world/hudson-helicopter-crash-six-people-including-three-children-killed-after-sightseeing-chopper-crashes-in-river-8949202">Hudson helicopter crash: Six people, including three children, killed after sightseeing chopper crashes in river</a>
The identity of the pilot is yet to be revealed.&nbsp;
Earlier in the day, US President Donald Trump expressed his condolences on the social media platform Truth Social.
He wrote, "Terrible helicopter crash in the Hudson River. Looks like six people, the pilot, two adults, and three children, are no longer with us. The footage of the accident is horrendous. God bless the families and friends of the victims."&nbsp;
WATCH: <a href="https://www.wionews.com/videos/new-york-six-people-killed-after-helicopter-crashes-into-hudson-river-8950194">New York: Six people killed after helicopter crashes into Hudson river</a>
(Write inputs from agencies)

World: In the pictures, the six members of the family were seen smiling in front of the doomed helicopter ahead of the crash, Mirror US reported.

The deadly helicopter crash in the Hudson River killed all six people on board on Thursday (April 11). Later on Friday, outrage grew as heartbreaking photos of the victims, taken during the tour, appeared on the New York Helicopter Tours website for purchase at $25 each. The tragic crash happened at around 3:15 pm on Thursday. It killed five Spanish tourists and the pilot. Agustín Escobar, CEO of Siemens Spain, along with his wife and three children, were among the six victims killed in the crash. Later, today, photos of the family were posted on the tour website as part of the usual tour package. Also read: Who is Agustín Escobar, the tech CEO who died along with wife and 3 kids in Hudson river helicopter crash? In the pictures, the six members of the family were seen smiling in front of the doomed helicopter ahead of the crash, Mirror US reported. The images were posted on the website for four hours but were later removed. People were disheartened to see those pictures of their family members. Also read: Video shows exact moment helicopter broke apart mid-air and fell from sky directly into Hudson River How did the crash happen? The Bell 206L-4 LongRanger IV took off from the Wall Street Heliport and circled near the Statue of Liberty. It then flew up to the Hudson River and the George Washington Bridge at about 1000 feet. It was then seen going down closer to the New Jersey side of the Hudson. Witnesses said they saw the chopper "split into half". Another man reported hearing a loud sonic boom. The reason behind the crash is not known. A video of the incident showed the helicopter sinking into the water. Also read: Hudson helicopter crash: Six people, including three children, killed after sightseeing chopper crashes in river The identity of the pilot is yet to be revealed. Earlier in the day, US President Donald Trump expressed his condolences on the social media platform Truth Social. He wrote, "Terrible helicopter crash in the Hudson River. Looks like six people, the pilot, two adults, and three children, are no longer with us. The footage of the accident is horrendous. God bless the families and friends of the victims." WATCH: New York: Six people killed after helicopter crashes into Hudson river (Write inputs from agencies)

Hudson River Helicopter Crash: Victims' last photos put on sale for $25 on NY Helicopter Tours website; people upset

House Republicans narrowly approved their budget framework Thursday, a political turnaround after Speaker Mike Johnson worked into the night to satisfy GOP holdouts who had refused to advance trillions of dollars in tax breaks.

USA: House adopts Republican budget for Trump's agenda

US President Donald Trump has this time pushed <a href="https://www.wionews.com/videos/russia-ukraine-war-ukraine-sends-untrained-young-troops-to-frontlines-amid-russian-escalation-8949500">Russia</a>, not Ukraine, to move forward with the ceasefire deal as thousands of people are dying in the "senseless war".&nbsp;
Calling the war "senseless", Trump said that the war should never have happened if he had been president.&nbsp;
"Russia has to get moving. Too many people were DYING, thousands a week, in a terrible and senseless war - A war that should have never happened, and wouldn&rsquo;t have happened, if I were President!!!," Trump said in a Truth Social post on Friday (April 11).&nbsp;
<iframe width="600" height="" style="max-width: 100%; border: 0;" src="https://truthsocial.com/@realDonaldTrump/114319592702753512/embed" class="truthsocial-embed" allowfullscreen="allowfullscreen"></iframe>
<script src="https://truthsocial.com/embed.js" async="async"></script>

Earlier this week, Trump said that the peace talks are underway with Russia and highlighted that the United States would "like them to stop" as the war is killing thousands of people.
Also read: <a href="https://www.wionews.com/world/ksenia-karelina-american-ballerina-sent-to-russian-jail-for-treason-released-in-prisoner-swap-know-her-story-8950467">Ordeal of Ksenia Karelina: American ballerina sent to Russian jail for 'treason' is finally free after over a year</a>
"We are talking to Russia, we would like them to stop. I don't like them bombing on and on, and every week thousands of young people being killed," Trump said on being asked if the peace deal was expected.
Meanwhile, Ukrainian President Volodymyr Zelensky criticised the US for what he called a "weak" reaction to a deadly Russian missile strike on Kryvyi Rih that claimed the lives of nine children and nine adults.
He called it a "weak" reaction to a deadly Russian missile strike on Kryvyi Rih that claimed the lives of nine children and nine adults.
WATCH: <a href="https://www.wionews.com/videos/us-russia-prisoner-swap-ksenia-karelina-jailed-in-russia-lands-at-joint-base-andrews-8951385">US-Russia prisoner swap: Ksenia Karelina jailed in Russia lands at Joint Base Andrews</a>
The attack left 72 people injured, including 12 children.&nbsp;
Zelensky voiced frustration at the US Embassy&rsquo;s reaction, saying it failed to directly name Russia as the aggressor. &ldquo;Unfortunately, the reaction of the American Embassy is unpleasantly surprising: such a strong country, such a strong people, and such a weak reaction,&rdquo; he said.
Also read: <a href="https://www.wionews.com/world/us-ukraine-secret-weapon-how-kyiv-washington-planned-operations-against-russia-at-hidden-military-hq-in-germany-8944116">'US-Ukraine Secret Weapon': How Kyiv, Washington planned operations against Russia at 'hidden' military HQ in Germany?</a>
(With inputs from agencies)

Calling the Russia-Ukraine war "terrible and senseless", US President Donald Trump said that the war should never have happened if he had been president: World

US President Donald Trump has this time pushed Russia, not Ukraine, to move forward with the ceasefire deal as thousands of people are dying in the "senseless war". Calling the war "senseless", Trump said that the war should never have happened if he had been president. "Russia has to get moving. Too many people were DYING, thousands a week, in a terrible and senseless war - A war that should have never happened, and wouldn’t have happened, if I were President!!!," Trump said in a Truth Social post on Friday (April 11). Earlier this week, Trump said that the peace talks are underway with Russia and highlighted that the United States would "like them to stop" as the war is killing thousands of people. Also read: Ordeal of Ksenia Karelina: American ballerina sent to Russian jail for 'treason' is finally free after over a year "We are talking to Russia, we would like them to stop. I don't like them bombing on and on, and every week thousands of young people being killed," Trump said on being asked if the peace deal was expected. Meanwhile, Ukrainian President Volodymyr Zelensky criticised the US for what he called a "weak" reaction to a deadly Russian missile strike on Kryvyi Rih that claimed the lives of nine children and nine adults. He called it a "weak" reaction to a deadly Russian missile strike on Kryvyi Rih that claimed the lives of nine children and nine adults. WATCH: US-Russia prisoner swap: Ksenia Karelina jailed in Russia lands at Joint Base Andrews The attack left 72 people injured, including 12 children. Zelensky voiced frustration at the US Embassy’s reaction, saying it failed to directly name Russia as the aggressor. “Unfortunately, the reaction of the American Embassy is unpleasantly surprising: such a strong country, such a strong people, and such a weak reaction,” he said. Also read: 'US-Ukraine Secret Weapon': How Kyiv, Washington planned operations against Russia at 'hidden' military HQ in Germany? (With inputs from agencies)

'Too many people DYING': Trump pushes Russia for ceasefire, asks Kremlin to 'get going' as thousands die in 'senseless war'

The US energy secretary on Friday (April 11) issued a stern warning to Iran, saying that the US could step up pressure on Iran and can stop its oil exports over the nuclear programme.&nbsp;
US Energy Secretary Chris Wright, during his visit to Abu Dhabi, told Reuters, that he thought the Gulf allies of the United States were extremely concerned about a nuclear-powered Iran and shared the US resolve that this is an outcome that is in no one&rsquo;s best interest.
"That&rsquo;s actually very doable. President Trump actually did it in the first term," Wright said when asked how the US can enforce its maximum pressure policy on Iran.&nbsp;
Also read: <a href="https://www.wionews.com/world/us-iran-talks-in-oman-tehran-considers-proposing-interim-nuclear-deal-during-crucial-talks-says-report-8949513">US-Iran talks in Oman: Tehran considers proposing interim nuclear deal during crucial talks, says report</a>
"We can follow the ships leaving Iran. We know where they go. We can stop Iran&rsquo;s export of oil," he warned.&nbsp;
However, he further said that won't talk about the specific methodology of how that&rsquo;s going to happen.
"But can we turn the screws on Iran 100%," he said when asked if the United States would stop Iranian ships at sea.
Iran on Friday said that it was giving high-level nuclear talks with the US on Saturday "a genuine chance" after Trump threatened to bomb if discussions failed.&nbsp;
Also read: <a href="https://www.wionews.com/world/who-is-stephen-miran-trumps-key-economic-advisor-behind-us-tariff-policies-8948528">Who is Stephen Miran, Trump&rsquo;s key economic advisor behind US tariff policies?</a>
Wright also predicted that there would be a positive outlook for oil demand and supply in the next few years, based on Trump's policies.&nbsp;
Trump has been warning Iran to reach an agreement on its nuclear program, reiterating that he won't allow Tehran to have nuclear weapons.&nbsp;
WATCH: <a href="https://www.wionews.com/videos/us-iran-nuclear-talks-trump-says-tehran-in-great-danger-if-talks-fail-8939359">US-Iran nuclear talks: Trump says Tehran in great danger if talks fail</a>
Recently, the US president also said that military action against Iran was "absolutely" possible if talks failed to produce a deal, adding that there was "not much time" to reach an agreement.&nbsp;
"If necessary, absolutely," Trump told reporters when asked if military action was an option. "If it requires military, we're going to have military. Israel will obviously be very much involved in that, be the leader of that."
Also read: <a href="https://www.wionews.com/world/military-action-against-iran-absolutely-possible-says-donald-trump-8945564">Trump says military action against Iran 'absolutely' possible</a>
(With inputs from agencies)
&nbsp;

World: "That’s actually very doable. President Trump actually did it in the first term," Wright said when asked how US can enforce its maximum pressure policy on Iran.

The US energy secretary on Friday (April 11) issued a stern warning to Iran, saying that the US could step up pressure on Iran and can stop its oil exports over the nuclear programme. US Energy Secretary Chris Wright, during his visit to Abu Dhabi, told Reuters, that he thought the Gulf allies of the United States were extremely concerned about a nuclear-powered Iran and shared the US resolve that this is an outcome that is in no one’s best interest. "That’s actually very doable. President Trump actually did it in the first term," Wright said when asked how the US can enforce its maximum pressure policy on Iran. Also read: US-Iran talks in Oman: Tehran considers proposing interim nuclear deal during crucial talks, says report "We can follow the ships leaving Iran. We know where they go. We can stop Iran’s export of oil," he warned. However, he further said that won't talk about the specific methodology of how that’s going to happen. "But can we turn the screws on Iran 100%," he said when asked if the United States would stop Iranian ships at sea. Iran on Friday said that it was giving high-level nuclear talks with the US on Saturday "a genuine chance" after Trump threatened to bomb if discussions failed. Also read: Who is Stephen Miran, Trump’s key economic advisor behind US tariff policies? Wright also predicted that there would be a positive outlook for oil demand and supply in the next few years, based on Trump's policies. Trump has been warning Iran to reach an agreement on its nuclear program, reiterating that he won't allow Tehran to have nuclear weapons. WATCH: US-Iran nuclear talks: Trump says Tehran in great danger if talks fail Recently, the US president also said that military action against Iran was "absolutely" possible if talks failed to produce a deal, adding that there was "not much time" to reach an agreement. "If necessary, absolutely," Trump told reporters when asked if military action was an option. "If it requires military, we're going to have military. Israel will obviously be very much involved in that, be the leader of that." Also read: Trump says military action against Iran 'absolutely' possible (With inputs from agencies)

'Can stop oil exports': US's BIG WARNING to pressure Iran over nuclear deal

In Trump's wave of <a href="https://www.wionews.com/autonews/eu-and-china-to-explore-minimum-ev-prices-as-tariff-alternative-8950714">tariff</a>war, not just penguins, but the volcanoes of Australia's most remote territory were also targeted. Heard and McDonald Islands, two sub-Antarctic outposts located about 4,000 kilometres southwest of mainland Australia were included in Trump's "reciprocal tariffs", he announced on April 2.&nbsp;
The two islands are entirely uninhabited and have no trade infrastructure. Later, Trump's inclusion of those islands sparked confusion and mockery on social media platforms.&nbsp;
However, scientists say that there's far more to these islands than the existence of penguins.&nbsp;
Also read: <a href="https://www.wionews.com/world/did-you-use-ai-trumps-commerce-secretary-gives-bizzare-reason-for-slapping-tariffs-on-penguins-heres-why-trump-did-it-8933149">'Did you use AI?' Trump&rsquo;s Commerce Secretary gives BIZZARE reason for slapping tariffs on penguins: Here&rsquo;s why Trump did it</a>
Moreover, they are home to volcanoes and an "amazing" array of sea, birds, elephant seals, mosses, grasses and herbs.&nbsp;
The islands are conducive to create an industry for trade, nor for countries re-exporting goods to the US in search of a tariff loophole.&nbsp;
No human has set foot there since 2016, and access is allowed only with permission from the Australian government.&nbsp;
Also read: <a href="https://www.wionews.com/world/taxing-penguins-but-not-putin-russia-wasnt-on-trumps-tariffs-list-heres-what-we-know-8929296">Taxing Penguins but not Putin? Russia wasn't on Trump's tariffs list. Here's what we know</a>
<h2>'Scientifically invaluable'</h2>
Heard Island is home to an active volcano capped by the snow-covered Mawson Peak, which regularly emits lava and gas.&nbsp;
&ldquo;These islands are geologically active and scientifically invaluable,&rdquo; said Justine Shaw, a conservation scientist who spent two months on Heard Island in 2003.
&ldquo;They&rsquo;re one of the few places where you can witness glacial and volcanic processes interacting in real-time.&rdquo;
Also read: <a href="https://www.wionews.com/trending/penguin-memes-flood-internet-after-trump-tariffs-hit-uninhabited-antarctic-islands-8926344">Penguin memes flood internet after Trump tariffs hit uninhabited Antarctic islands</a>
These islands have remained largely untouched due to their extreme remoteness and harsh weather.&nbsp;
Marine ecologist Dr Andrew Constable recalled the brutal environment there, saying, "We were held offshore for nine days by storms with 10-meter waves. It&rsquo;s an incredibly wild place.&rdquo;
Constable led a 40-day scientific mission to Heard Island in 2004.&nbsp;
WATCH: <a href="https://www.wionews.com/science-tech/penguins-do-not-have-unconditional-love-as-we-commonly-believe-study-8683739">Penguins do not have unconditional &lsquo;love&rsquo; as we commonly believe: Study</a>
The scientists argued that the islands are of global importance, not for what they produce but for what they preserve.&nbsp;
&ldquo;It&rsquo;s one of the few places left where you can observe nature in its purest form,&rdquo; said Constable.
After Trump announced the tariffs on the external Australian territory inhabited by only penguins, it led to a meme feast on the Internet.
(With inputs from agencies)
&nbsp;

World: The islands are entirely uninhabited and have no trade infrastructure. Later, Trump's inclusion of those islands sparked confusion and mockery on social media.

In Trump's wave of tariffwar, not just penguins, but the volcanoes of Australia's most remote territory were also targeted. Heard and McDonald Islands, two sub-Antarctic outposts located about 4,000 kilometres southwest of mainland Australia were included in Trump's "reciprocal tariffs", he announced on April 2. The two islands are entirely uninhabited and have no trade infrastructure. Later, Trump's inclusion of those islands sparked confusion and mockery on social media platforms. However, scientists say that there's far more to these islands than the existence of penguins. Also read: 'Did you use AI?' Trump’s Commerce Secretary gives BIZZARE reason for slapping tariffs on penguins: Here’s why Trump did it Moreover, they are home to volcanoes and an "amazing" array of sea, birds, elephant seals, mosses, grasses and herbs. The islands are conducive to create an industry for trade, nor for countries re-exporting goods to the US in search of a tariff loophole. No human has set foot there since 2016, and access is allowed only with permission from the Australian government. Also read: Taxing Penguins but not Putin? Russia wasn't on Trump's tariffs list. Here's what we know 'Scientifically invaluable' Heard Island is home to an active volcano capped by the snow-covered Mawson Peak, which regularly emits lava and gas. “These islands are geologically active and scientifically invaluable,” said Justine Shaw, a conservation scientist who spent two months on Heard Island in 2003. “They’re one of the few places where you can witness glacial and volcanic processes interacting in real-time.” Also read: Penguin memes flood internet after Trump tariffs hit uninhabited Antarctic islands These islands have remained largely untouched due to their extreme remoteness and harsh weather. Marine ecologist Dr Andrew Constable recalled the brutal environment there, saying, "We were held offshore for nine days by storms with 10-meter waves. It’s an incredibly wild place.” Constable led a 40-day scientific mission to Heard Island in 2004. WATCH: Penguins do not have unconditional ‘love’ as we commonly believe: Study The scientists argued that the islands are of global importance, not for what they produce but for what they preserve. “It’s one of the few places left where you can observe nature in its purest form,” said Constable. After Trump announced the tariffs on the external Australian territory inhabited by only penguins, it led to a meme feast on the Internet. (With inputs from agencies)

'No man set foot here since 2016': Not just penguins, Trump's tariffs also hit volcanoes on Australia's remotest region

European Union authorities together with Chinese representatives agreed to study the implementation of minimum prices for electric vehicle imports from China as a new strategy to replace previous EU tariffs from the previous year. A European Commission spokesperson validated the approval on Thursday just as media reports emerged about starting talks.

Amid Trump's tariff tango, Xi invites EU to team up against Trump ‘bullying’

Tensions deepen in the China-US trade war as Washington imposes a steep 145% tariff on Chinese goods. In retaliation, Beijing hikes its tariffs on US imports to 125%. Chinese President Xi Jinping urges the EU to unite against unilateral economic pressure from the Trump administration.

Xi Jinping slams ‘unilateral bullying’, China files fresh WTO complaint while raising tariffs

Breaking: China hits back USA, raises tariffs on US goods to 125%

Israel is set to dismiss several Air Force pilots who signed a petition criticizing the Gaza war and calling for a ceasefire tied to a hostage deal. The move has sparked internal dissent, with Prime Minister Netanyahu backing the crackdown on reservists. Tensions grow within Israel’s defense ranks as public pressure mounts over the Gaza campaign.

Israeli air force to fire pilots who signed Gaza war petition

As elections are approaching, the political landscape is heating up in Canada with a war of words between Prime Minister Mark Carney and his conservative rival Pierre Poilievre taking a rather personal turn. Now, during a news conference, Poilievre gave a piece of advice to the voters. He said that they should not think that Carney is any different from Trudeau because he has a banker's haircut and wears a pair of blue socks.

Canada elections: Poilievre, Carney campaign in vote-rich greater Toronto

Just days after Donald Trump’s sweeping 'reciprocal' tariffs kicked in, jolting global markets, the US President reversed course. China, however, faces a steep escalation—tariffs on Chinese imports now stand at 145 percent, after Beijing responded with retaliatory tariffs.

All eyes on Trump’s next move after tariff u-turn

Global stock markets plunged after President Donald Trump announced tariffs last Wednesday, triggering the worst two-day rout since the height of the pandemic. Billionaires closest to Trump saw massive losses.

$536 billion erased from billionaire wealth in 48 hours

Fears of a global recession swept Wall Street as frantic selloffs slammed U.S. equities, bonds, and the dollar once again. Markets plummeted on Friday to return to the red, with gold surging to a new record and the dollar extending losses after falling off a cliff to mark the biggest plunge in three years.

Tariff turmoil sparks gold's climb to a new record

Israeli airstrikes continue to pound Gaza, flattening homes and injuring civilians in areas like Shejaia. The death toll has surged to 1,500 in just three weeks since the bombardment resumed in March. Meanwhile, 10 Palestinian detainees have been released and transported to a Gaza hospital by the Red Cross, amid growing international concern.

Gaza death toll hits 1,500 as Israeli airstrikes flatten homes and injure civilians

Tensions between the US and Iran are escalating ahead of key nuclear talks in Oman. Iran is considering an interim deal but has also threatened to expel UN nuclear inspectors, drawing a sharp response from Washington. The US has deployed a second aircraft carrier to West Asia, signaling growing military pressure as both sides exchange warnings.

US-Iran tensions escalate ahead of nuclear talks in Oman

Canada elections: Carney focusing on crime, Poiliever on housing

President Donald Trump has ramped up tariffs on Chinese goods to a staggering 145%, escalating tensions in the ongoing US-China trade war. Wall Street tumbled in response, while China hit back by slashing US film imports. Meanwhile, the EU has paused its counter-tariffs against the US for 90 days, urging de-escalation.

Trade war: Trump’s China tariffs hit 145% as trade war escalates globally

US President Donald Trump has his hands full with a global trade war, but that did not stop him from fulfilling one of his longtime priorities on Wednesday — to end what he calls a war on showers. The US president has signed an order to roll back Biden-era conservation regulations that basically limit pressure for showerheads and other water appliances, calling the rules ridiculous.

Trump signs executive order on water pressure to ‘restore shower freedom’

#GRAVITAS | In an unexpected turn of events, U.S. President Donald Trump announced a 90-day tariff pause for most nations after his reciprocal levies started a full-blown tariff war that rattled global markets. However, he did not spare one country- China which is Washington's arch rival. Watch this video to find out more.

Trump slaps 125% tariff on enemy number one, China

China's National Film Administration (NFA) on Thursday &nbsp;(April 10) announced to "immediately" restrict imports of Hollywood films in retaliation for US President Donald Trump's raging tariff war against China.&nbsp;
China has been importing 10 Hollywood movies annually for the last three decades, Reuters reported.&nbsp;
"We will follow market rules, respect the audience's choices, and moderately reduce the number of American films imported," the NFA said on its website.
Also read: <a href="https://www.wionews.com/world/will-trump-stop-here-us-raises-tariffs-on-china-to-145-targets-fentanyl-related-imports-8948640">Will Trump stop here? US raises tariffs on China to 145%, targets fentanyl-related imports</a>
The NFA said that Trump's tariffs would sour domestic demand for American cinema.&nbsp;
This came after Trump increased the tariffs on China to 125%, after Beijing did not roll down the escalating tariffs on the US.&nbsp;
However, China retaliated, saying that it won't sit back and that the threats and coercion are not the right way to deal with China.
Also read: <a href="https://www.wionews.com/autonews/china-and-eu-explore-closer-trade-ties-amid-us-tariff-pressure-8947374">China and EU explore closer trade ties amid US tariff pressure</a>
Chris Fenton, author of "Feeding the Dragon: Inside the Trillion Dollar Dilemma Facing Hollywood, the NBA, and American Business", said the move was a &ldquo;super high-profile way to make a statement of retaliation with almost zero downside for China.&rdquo;
According to Variety, domestic films have outperformed Hollywood&rsquo;s fare in China, with "Ne Zha 2" this year eclipsing Pixar's "Inside Out 2" to become the highest-grossing animated film of all time.&nbsp;
WATCH: <a href="https://www.wionews.com/videos/us-china-war-china-condemns-bullying-as-trumps-104-tariffs-kick-in-vows-resolute-measures-8948105">US-China war: China condemns 'bullying' as Trump's 104% tariffs kick in, vows resolute measures</a>
However, now US films account for only five per cent of the overall box office receipts in China's market.&nbsp;
Early in 1994, China began importing 10 American films each year, which included "Titanic" and "Avatar". These two movies became box office smashes in the Chinese market, making Leonardo DiCaprio and director James Cameron household names among Chinese film lovers.&nbsp;
WATCH: <a href="https://www.wionews.com/videos/china-refuses-to-step-back-says-trumps-125-tariffs-against-whole-world-8948629">China refuses to step back, says Trump's 125% tariffs 'against whole world'</a>
(With inputs from agencies)

World: This came after US President Trump increased the tariffs on China to 125%, after Beijing did not roll down the escalating tariffs on the US.

China's National Film Administration (NFA) on Thursday (April 10) announced to "immediately" restrict imports of Hollywood films in retaliation for US President Donald Trump's raging tariff war against China. China has been importing 10 Hollywood movies annually for the last three decades, Reuters reported. "We will follow market rules, respect the audience's choices, and moderately reduce the number of American films imported," the NFA said on its website. Also read: Will Trump stop here? US raises tariffs on China to 145%, targets fentanyl-related imports The NFA said that Trump's tariffs would sour domestic demand for American cinema. This came after Trump increased the tariffs on China to 125%, after Beijing did not roll down the escalating tariffs on the US. However, China retaliated, saying that it won't sit back and that the threats and coercion are not the right way to deal with China. Also read: China and EU explore closer trade ties amid US tariff pressure Chris Fenton, author of "Feeding the Dragon: Inside the Trillion Dollar Dilemma Facing Hollywood, the NBA, and American Business", said the move was a “super high-profile way to make a statement of retaliation with almost zero downside for China.” According to Variety, domestic films have outperformed Hollywood’s fare in China, with "Ne Zha 2" this year eclipsing Pixar's "Inside Out 2" to become the highest-grossing animated film of all time. WATCH: US-China war: China condemns 'bullying' as Trump's 104% tariffs kick in, vows resolute measures However, now US films account for only five per cent of the overall box office receipts in China's market. Early in 1994, China began importing 10 American films each year, which included "Titanic" and "Avatar". These two movies became box office smashes in the Chinese market, making Leonardo DiCaprio and director James Cameron household names among Chinese film lovers. WATCH: China refuses to step back, says Trump's 125% tariffs 'against whole world' (With inputs from agencies)

China targets Hollywood: Beijing restricts import of US movies amid raging tariff war - Will Trump feel the pinch?

Global stock markets are in free fall as the US-China trade war intensifies. Oil prices have hit a 4-year low and commodities are tumbling after President Trump's new tariff threats. Here's a breakdown of the Trump effect and 5 key takeaways from this economic shockwave rattling investors worldwide.

China refuses to step back, says Trump's 125% tariffs 'against whole world'

US President Donald Trump's announcement of pausing tariffs on most countries sparked euphoria on global markets, but it has also attracted accusations of market manipulation.

Trump accused of market manipulation after 'friends make $2.5 billion' remark

US President Donald Trump has once again raised concerns over "illegal aliens" living in America. This time, he has used one of his sharp moves "halting federal funding", to crack down on the sanctuary cities.
In a post on Truth Social, Trump said that these "Sanctuary cities" protect the criminals and not the victims.&nbsp;
"They are disgracing our country and are being mocked all over the world," he stressed in his post.
Further, the US president warned that he is working on papers to withhold all federal funding for any city or state that allows these death traps to exist.&nbsp;
Also read: <a href="https://www.wionews.com/world/treat-this-like-a-business-ice-head-wants-deportations-of-immigrants-to-be-like-amazon-prime-but-with-human-beings-8944571">'Treat this like a business': ICE head wants deportations of immigrants to be like 'Amazon Prime, but with human beings'</a>
"No more Sanctuary Cities! They protect the Criminals, not the Victims. They are disgracing our Country, and are being mocked all over the World. Working on papers to withhold all Federal Funding for any City or State that allows these Death Traps to exist!!!," Trump wrote.&nbsp;
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<script src="https://truthsocial.com/embed.js" async="async"></script>

<h2>What are sanctuary cities?</h2>
Sanctuary cities typically refer to states, counties, or cities that put some limits on how much they are willing to cooperate with federal agencies' efforts to deport undocumented immigrants.&nbsp;
There are about a dozen states and hundreds of cities across the US that consider themselves "sanctuaries" for undocumented immigrants.&nbsp;
Initially, the local government in the US began adopting sanctuary policies in the 1980s when churches offered refuge to people fleeing civil war in El Salvador.&nbsp;
Also read: <a href="https://www.wionews.com/world/will-continue-to-deport-monsters-trump-hails-supreme-courts-ruling-allowing-cartel-deportations-under-alien-enemies-act-8943288">'Will continue to deport monsters': Trump hails Supreme Court's ruling allowing cartel deportations under 'Alien Enemies Act'</a>
However, this has gained more attention over the last decade as immigration has become a bigger concern for voters.&nbsp;
Now, after Trump got back to the Oval Office, he and his allies have promised to crackdown on illegal immigrants. The officials have made clear that some of the cities that have embraced sanctuary policies would be targeted for enforcement actions.
&ldquo;Sanctuary jurisdictions aren&rsquo;t going to stop what we&rsquo;re going to do,&rdquo; Thomas D. Homan, Trump&rsquo;s &ldquo;border czar,&rdquo; said in an interview with NewsNation in December.
Also read: <a href="https://www.wionews.com/world/alien-enemies-act-trump-says-great-day-for-justice-after-us-top-court-lifts-order-barring-deportations-8937346">Alien Enemies Act: Trump says 'GREAT DAY FOR JUSTICE' after US top court lifts order barring deportations</a>
Earlier on Wednesday, Head of Immigration and Customs Enforcement Todd Lyons said that he would like the agency to implement a system of trucks that would round up immigrants for deportation in a system similar to how Amazon truck delivers packages across US cities.&nbsp;
Stressing that the US should start treating this like a business, Lyons said that he wants to see a deportation process "like (Amazon) Prime, but with human beings."
&ldquo;We need to get better at treating this like a business,&rdquo; the Acting ICE Director said.&nbsp;
Also read: <a href="https://www.wionews.com/world/why-indian-students-in-trumps-us-are-facing-deportation-drunk-driving-shoplifting-speeding-8941370">Why Indian students in Trump's US facing deportation: 'Drunk driving, shoplifting, speeding'</a>
(With inputs from agencies)

World: The US president warned that he is working on papers to withhold all federal funding for any city or state that allows these death traps to exist.

US President Donald Trump has once again raised concerns over "illegal aliens" living in America. This time, he has used one of his sharp moves "halting federal funding", to crack down on the sanctuary cities. In a post on Truth Social, Trump said that these "Sanctuary cities" protect the criminals and not the victims. "They are disgracing our country and are being mocked all over the world," he stressed in his post. Further, the US president warned that he is working on papers to withhold all federal funding for any city or state that allows these death traps to exist. Also read: 'Treat this like a business': ICE head wants deportations of immigrants to be like 'Amazon Prime, but with human beings' "No more Sanctuary Cities! They protect the Criminals, not the Victims. They are disgracing our Country, and are being mocked all over the World. Working on papers to withhold all Federal Funding for any City or State that allows these Death Traps to exist!!!," Trump wrote. What are sanctuary cities? Sanctuary cities typically refer to states, counties, or cities that put some limits on how much they are willing to cooperate with federal agencies' efforts to deport undocumented immigrants. There are about a dozen states and hundreds of cities across the US that consider themselves "sanctuaries" for undocumented immigrants. Initially, the local government in the US began adopting sanctuary policies in the 1980s when churches offered refuge to people fleeing civil war in El Salvador. Also read: 'Will continue to deport monsters': Trump hails Supreme Court's ruling allowing cartel deportations under 'Alien Enemies Act' However, this has gained more attention over the last decade as immigration has become a bigger concern for voters. Now, after Trump got back to the Oval Office, he and his allies have promised to crackdown on illegal immigrants. The officials have made clear that some of the cities that have embraced sanctuary policies would be targeted for enforcement actions. “Sanctuary jurisdictions aren’t going to stop what we’re going to do,” Thomas D. Homan, Trump’s “border czar,” said in an interview with NewsNation in December. Also read: Alien Enemies Act: Trump says 'GREAT DAY FOR JUSTICE' after US top court lifts order barring deportations Earlier on Wednesday, Head of Immigration and Customs Enforcement Todd Lyons said that he would like the agency to implement a system of trucks that would round up immigrants for deportation in a system similar to how Amazon truck delivers packages across US cities. Stressing that the US should start treating this like a business, Lyons said that he wants to see a deportation process "like (Amazon) Prime, but with human beings." “We need to get better at treating this like a business,” the Acting ICE Director said. Also read: Why Indian students in Trump's US facing deportation: 'Drunk driving, shoplifting, speeding' (With inputs from agencies)

'No more Sanctuary Cities!' Trump warns to cut ALL federal funds to cities that allow 'death traps' amid migrant crackdown

President Donald Trump has paused tariff hikes on all major US trading partners—except China. While global tariffs are on hold for 90 days, China now faces a steep 125% levy. In response, Beijing has imposed retaliatory tariffs of 84% on American imports. Trump accused China of showing “disrespect” to world markets, sharpening the trade war’s focus on Beijing. Watch this report to know more!

China reacts to Trump’s 125% tariffs, says it doesn’t fear more US levies

Trump trade war: Trump pauses global tariffs, singles out China with hike

President Donald Trump has signed a new executive order titled "Restoring America’s Maritime Dominance", aimed at rebuilding the US shipbuilding industry and expanding the American-flagged fleet. The move is part of a broader push to restore American maritime power, with increased funding and support promised by the administration. US Transport Secretary Sean Duffy praised the order as a major step toward strengthening national security and economic resilience.

President Trump signs executive order to expand US flagged fleet

5 Key Takeaways From The New Tariff Move:

- US Stocks Soar 10% Amid Tariff Reversal
- Goldman Sachs Rescinds Recession Forecast
- China's Deflationary Pressures Persist
- China & Russia Settle Energy Trades In Bitcoin
- Oil Prices Retreat Despite Tariff Pause
 Watch this report to know more!

Trade war: Trump pauses tariffs for 90 days in all countries except China

Amid the ongoing tariff war between the United States and China and the relentless back-and-forth between the Donald Trump administration in the United States and Xi Jinping's government in China, a post on social media about the two leaders' zodiac sign has gone viral. An X user shared a post stating that both the leaders are Gemini and will engage in a &lsquo;tit for tat until the end of time&rsquo;.
Sharing a screenshot revealing Trump and Jinping's birthdays on June 14 and 15 respectively, the user concluded that they are both Gemini as per their zodiac sign. The user added that they won't stop till the end and Gemini means chaos.
Watch |<a href="https://www.wionews.com/videos/us-president-trump-announces-125-chinese-goods-90-day-pause-for-others-8945687" rel="dofollow">&nbsp;</a><a href="https://www.wionews.com/videos/us-president-trump-announces-125-chinese-goods-90-day-pause-for-others-8945687" rel="dofollow">US President Trump announces 125% Chinese goods, 90-day pause for others</a>
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THEY&rsquo;RE BOTH GEMINIS?!?! WE&rsquo;re FUCKED. they&rsquo;re going to match energy tit for tat until the end of time! <a href="https://t.co/uCL9kDk3xh">pic.twitter.com/uCL9kDk3xh</a>
&mdash; kemi (@kemimarie) <a href="https://twitter.com/kemimarie/status/1909947973879951485?ref_src=twsrc%5Etfw">April 9, 2025</a></blockquote>
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<div class="byline-avatar">WION Explains | <a href="https://www.wionews.com/india-news/tahawwur-rana-from-2611-mumbai-terror-attacks-to-his-extradition-a-timeline-wion-explains-2008-mumbai-attack-pakistan-isi-david-coleman-headley-8946138" rel="dofollow">Tahawwur Rana: From 26/11 Mumbai terror attacks to his extradition - A timeline</a>&nbsp;</div>
</div>
</div>
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gemini 🤝🏾 chaos
&mdash; kemi (@kemimarie) <a href="https://twitter.com/kemimarie/status/1909948162732699799?ref_src=twsrc%5Etfw">April 9, 2025</a></blockquote>
Read More |&nbsp;<a href="https://www.wionews.com/world/trump-reveals-why-he-put-a-90-day-pause-on-tariffs-people-were-getting-yippie-markets-rebound-8945632" rel="dofollow noopener" target="_blank">Trump REVEALS why he put a 90-day pause on tariffs: 'People were getting yippie'</a>
<h2>Donald Trump's tariff war with China</h2>
China had a pre-existing 67 per cent tariff on US goods, while the US charged 10 per cent. However, on 'Liberation Day', US President Donald trump announced &lsquo;reciprocal tariffs&rsquo; and imposed 104 per cent tariffs on Chinese goods, China hit back with 84 per cent tariff as a retaliatory measure in place of 34 per cent that it had already announced.
On Apr 9, Trump paused tariffs for all countries for 90 days but increased China's tariff to 125%.
Previously, in February, US announced 10 per cent tariffs on China. Beijing retaliated with a 15 per cent tariff on US coal and liquefied natural gas products, and a 10 per cent tariff on crude oil, agricultural machinery, and large-displacement cars.
The US raised tariffs by another 10 per cent, bringing levies against Chinese imports to 20 per cent. China retaliated by imposing a 15 per cent tariff on US chicken, wheat, corn, and cotton, and a 10 per cent tariff on sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy products.
Read More |&nbsp;<a href="https://www.wionews.com/world/military-action-against-iran-absolutely-possible-says-donald-trump-8945564" rel="noopener" target="_blank">Trump says military action against Iran 'absolutely' possible</a>&nbsp;
(With inputs from agencies)
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Trending, world | Amid the ongoing tariff war between the United States and China, a post on social media about Donald Trump and Xi Jinping's zodiac sign has gone viral

Amid the ongoing tariff war between the United States and China and the relentless back-and-forth between the Donald Trump administration in the United States and Xi Jinping's government in China, a post on social media about the two leaders' zodiac sign has gone viral. An X user shared a post stating that both the leaders are Gemini and will engage in a ‘tit for tat until the end of time’. Sharing a screenshot revealing Trump and Jinping's birthdays on June 14 and 15 respectively, the user concluded that they are both Gemini as per their zodiac sign. The user added that they won't stop till the end and Gemini means chaos. Watch | US President Trump announces 125% Chinese goods, 90-day pause for others THEY’RE BOTH GEMINIS?!?! WE’re FUCKED. they’re going to match energy tit for tat until the end of time! pic.twitter.com/uCL9kDk3xh — kemi (@kemimarie) April 9, 2025 WION Explains | Tahawwur Rana: From 26/11 Mumbai terror attacks to his extradition - A timeline gemini 🤝🏾 chaos — kemi (@kemimarie) April 9, 2025 Read More | Trump REVEALS why he put a 90-day pause on tariffs: 'People were getting yippie' Donald Trump's tariff war with China China had a pre-existing 67 per cent tariff on US goods, while the US charged 10 per cent. However, on 'Liberation Day', US President Donald trump announced ‘reciprocal tariffs’ and imposed 104 per cent tariffs on Chinese goods, China hit back with 84 per cent tariff as a retaliatory measure in place of 34 per cent that it had already announced. On Apr 9, Trump paused tariffs for all countries for 90 days but increased China's tariff to 125%. Previously, in February, US announced 10 per cent tariffs on China. Beijing retaliated with a 15 per cent tariff on US coal and liquefied natural gas products, and a 10 per cent tariff on crude oil, agricultural machinery, and large-displacement cars. The US raised tariffs by another 10 per cent, bringing levies against Chinese imports to 20 per cent. China retaliated by imposing a 15 per cent tariff on US chicken, wheat, corn, and cotton, and a 10 per cent tariff on sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy products. Read More | Trump says military action against Iran 'absolutely' possible (With inputs from agencies)

Amid tariff war, post on zodiac of Donald Trump-Xi Jinping viral: '...until the end of time'

West Asia is hanging on a knife's edge as the US and Iran gear up for critical negotiations in Oman this weekend. WION takes a look at the evolving situation and the high stakes involved amid military posturing and hardened rhetoric by Israel and Iran. Watch for more details!

Iran-US talks: days ahead of talks, Trump renewed threat to use force against Iran

President Trump has paused new tariffs for 90 days but intensified pressure on China by raising duties to 125% on some goods. While the US and global markets reacted positively, oil prices also jumped. Trump promises deals with every country on tariffs. Watch this report to know more!

Trade war: Trump pauses tariffs for 90 days, but hikes China tariffs to 125%

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