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.

Trump's tariffs: Global stock markets plunge amid Trump's trade war

Amid rising tensions, the US and Iran are set for indirect talks in Oman on April 12. Steve Witkoff will lead the US delegation, but Israeli PM Netanyahu demands tough action, including strikes on Iranian nuclear sites. Meanwhile, US airstrikes continue on Iran-backed Houthis in Yemen, deepening the regional conflict.

US-Iran talks: US warns Iran, 'no negotiations on nuclear weapons

President Trump has raised tariffs on Chinese imports to a staggering 104%, escalating the US-China trade war. With Beijing pushing back and nearly 70 countries seeking tailored trade deals, the White House insists tariffs are already delivering results.

Trade war: Tariff-hit countries dying to make a deal: Trump

Asian stocks drop after a rout on Wall Street shattered the calm in markets. US Stocks nosedived, with the S&P 500 dropping below the 5,000 mark for the first time in nearly a year and the Nasdaq tumbling 2%. Investor optimism faded after President Trump’s tariff stance remained firm.

Global stocks drop further on tariff deadline

In today's edition of the 1% playbook, we look at how Warren Buffett has bucked the market trend and emerged as the only centi-billionaire to add more value to his portfolio while his peers in the 1% club have lost billions. Is there a lesson to learn from Warren Buffett?

How Buffett added billions despite tariffs

Swiss businesses are facing a major challenge as the United States imposes steep tariffs on Swiss goods. Last week, Trump announced a 31% tariff on Swiss exports—far higher than the 20% tariffs placed on European Union goods. This has caused shock waves across Switzerland, especially in key industries like watches, coffee capsules, cheese, and chocolate.

Swiss chocolate industry faces uncertainty amid US tariffs

What happens when recession fears grip the markets? Consumers abandon luxury and save for necessities. This sentiment has heightened tensions in the $400 billion global luxury sector, already under pressure from weak Chinese demand and signs of fatigue in the US

Luxury market faces longest slump in decades

The United States imposed a 104% tariff on imports from China, marking the sharpest escalation yet in President Trump’s global trade offensive. US Stocks fell on the news, reversing earlier gains as hopes of tariff rollbacks faded. China, hit hardest by the new duties, has called the move economic blackmail and vowed to ‘fight to the end.

Trump trade war: China plans retaliation, others get in line

Trade war: Trump tells Republicans he knows what he's doing amid blowback

Trump's trade war: Countries dying to make deal on tariffs: Trump

Trade war: Nearly 70 countries have reached out for tariff deals: White House

In response to escalating tensions in the South China Sea, the United States, Philippines, and South Korea are enhancing their naval capabilities. The US Navy is collaborating with South Korean shipbuilders to construct advanced Aegis destroyers, while the Philippines is acquiring new corvette-class warships to boost its maritime arsenal.

US, Philippines, and South Korea strengthen naval forces amid South China Sea tensions​

Israeli Prime Minister Netanyahu has backed President Trump’s controversial plan to relocate Palestinians from Gaza, drawing global concern. As Gaza faces a severe humanitarian disaster, UN leaders and French President Macron call for unimpeded aid access and denounce the use of humanitarian aid as a weapon of war.

Netanyahu supports Trump’s Gaza relocation plan amid worsening humanitarian crisis

US-Iran talks: Trump aide to speak with Iran on Saturday, rejects 'negotiation'

Trade war: Trump ratchets up tariffs on Chinese goods after Beijing's pushback

Trade war: President Trump hikes China tariffs to 104% amid global trade tensions

In a shocking announcement, Ukrainian President Volodymyr Zelensky revealed that Ukrainian forces captured two Chinese men fighting alongside Russia in eastern Ukraine. Zelensky also stated that Kyiv has "information" suggesting that many more Chinese nationals may be participating in Russia's conflict. Kyiv has reportedly reached out to Beijing for a response.

Russia-Ukraine war: 2 Chinese nationals fighting for Russia captured, says Ukrainian president

In a dramatic shift that threatens to redraw Europe's security landscape, President Donald Trump considers a major withdrawal of American forces from NATO's eastern flank. According to NBC, Trump is planning significant changes to America's Europe policy by removing 10,000 US troops. Watch in for more details!

President Trump eyes massive troop pullout from Europe

As tensions rise over a potential Chinese attack on Taiwan, the United States military is preparing to station multiple long-range surveillance drones in Japan's Okinawa prefecture, A strategically important region Close to Taiwan. This deployment is part of a broader move by Washington and its allies to push back against the growing presence of Chinese drones in the region.

US places anti-China spy drones in Japan's Okinawa amid Taiwan tensions

Global markets are in freefall, trillions have been erased from stock values. The US-China trade war has reached a fever pitch, leaving investors scrambling and economies around the world teetering.

Trump tariff: EU chief urges China to avoid escalation over US tariffs

#GRAVITAS | As Musk completes his first 100 days in the Trump administration and of leading the White House's Department of Government Efficiency or DOGE,  U.S. citizens in various parts have graded the world richest man. Watch this video to find out more.

As Elon Musk completes 100 days as Doge head, US citizens review his performance

#GRAVITAS |  U.S. Defense Secretary Pete Hegseth is in Panama to meet with the country's leaders. This is after the Trump administration complained about alleged Chinese interference with the operations of the critical Panama Canal shipping lane. Watch this video to find out more.

Hegseth holds talks in Panama amid Trump's takeover threat

Colossal Bioscience is making headlines with its latest genetic breakthrough—engineered wolves designed to resemble the extinct dire wolf. By using advanced genetic editing, scientists aim to revive key traits of these legendary predators. The move marks a major step in the controversial field of de-extinction and synthetic biology.

Back from the dead: Dire wolf reborn in radical genetic leap

Over 2,64,000 cosmetic operations were performed in Iran in 2023, with rhinoplasty being the most common. Watch to know more!

Iranian women choose rhinoplasty for a perfectly sculpted nose

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