Our Economy and the World Issue 404

13-04-2025

This week’s issue of “Our Economy and the World” includes:

Key Global and Regional Developments over the Past Week

  • CNN: Xi says China ‘not afraid’ as Beijing raises tariffs on US goods to 125% in latest escalation of trade war
  • Reuters: India central bank cuts rates, changes stance to ‘accommodative’ as US tariffs add to growth risks
  • Reuters: China’s premier vows more proactive macroeconomic policies amid ‘external shocks’
  • Reuters: BOJ sticks to rate-hike stance but signals pause on US tariff risks

Special Analysis 

  • Time: Was Trump’s Stock Tip—Telling Followers to ‘Buy’ Hours Before He Lifted Tariffs—Legal?

Developments in Financial and Commodity Markets in the Past Week

  • Reuters: European shares down for third week after tariff whiplash
  • AP: US stocks jump and the bond market swings to cap Wall Street’s chaotic and historic week