Global Market Meltdown Deepens; Trump Retains Tariff Stance
April 7, 2025
26 min
Full
1,305 of 1,713
April 7, 2025
Global Market Meltdown Deepens; Trump Retains Tariff Stance
0:00 / 26:07
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Bloomberg Television Episodes Around April 7, 2025
Episode 1,305 of 1,713 — walk the feed in the order it was published.
26:07This episodeGlobal Market Meltdown Deepens; Trump Retains Tariff Stance
Summary
<p>On today's podcast:</p> <p> 1) The carnage in financial markets unleashed by President Donald Trump’s tariffs is continuing unabated as equities get pummeled and US stock futures show that last week’s $5 trillion wipeout isn’t over.</p> <p>2) President Donald Trump and his economic team dismissed investors’ fears of inflation and recession, offering no apologies for the market turmoil sparked by sweeping global tariffs and defiantly insisting a boom is on the horizon. </p> <p>3) Traders expect the Federal Reserve to slash interest rates another five times this year as the US administration’s trade tariffs ignite fears of a global recession.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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