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Trump's tariff 'medicine' hammers markets, and more - Five stories you need to know | Reuters

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April 7, 2025

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1. U.S. President Donald Trump's sweeping tariff plans hammered global financial markets on Monday after he warned foreign governments they would have to pay "a lot of money" to lift the levies that he called "medicine".

2. Several powerful Iranian-backed militia groups in Iraq are prepared to disarm for the first time to avert the threat of an escalating conflict with the U.S. Trump administration, 10 senior commanders and Iraqi officials told Reuters.

3. The Israeli military has provided new details that changed its initial account of the killing of 15 emergency workers near the southern Gaza city of Rafah last month, but said investigators were still examining the evidence.

4. Cuts to aid budgets are threatening to undermine years of progress in reducing the number of women dying during pregnancy and childbirth, and could lead to a rise in deaths, the United Nations has warned.

5. Samsung Electronics is expected to forecast a 21% drop in the first quarter profit on Tuesday, hurt by sluggish sales of artificial intelligence chips and continued losses in its contract chip manufacturing business.

#trump #tariffs #trade #economy #markets #iran #iraq #israel #gaza #war #aid #un #unitednations #samsung #ai #chip #News #Reuters #Newsfeed

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Trump's tariff 'medicine' hammers markets, and more - Five stories you need to know | Reuters · Reuters · Sentinel