Fitch Ratings: U.S. corporations remain exposed to retaliation from trade partners, especially China, despite a temporary 90-day tariff pause.
🚨Republicans under President Trump considering a new tax bracket for millionaires. A proposed House measure would set a 40% tax rate for those earning over $1 million annually.
🚨SPANISH FINANCE MINISTER CUERPO: US TREASURY SECRETARY BESSENT SENT A MESSAGE THAT HE WANTS TO MAKE A DEAL WITH THE EU ON TARIFFS
Trump: The tariff pause was because it's a transition, and came from the need for flexibility.
On April 15, spot Bitcoin ETFs recorded a total net inflow of $76.42m. Spot Ethereum ETFs saw a total net outflow of $14.18m, marking the fifth consecutive day of net outflows.
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GS: China's economic growth is likely to slow significantly in the second quarter of the year, primarily due to strong headwinds from U.S. tariffs.
🚨ASML Holding NV reports weaker-than-expected orders, citing a slowdown in the chip sector before U.S. tariffs threatened to disrupt the industry.