Live Tariff updates: Trump escalates threats on China as markets remain jittery Cboe AU - Delayed Quote • AUD Butn Limited (BTN.XA) Follow Compare 0.0000 -0.1150 (-100.00%) At close: April 4 at 11:30:54 AM GMT+11 Related News US tariffs won't change China economy's big picture US–China trade tensions are rising following US President Trump's announcement of new tariffs as Chinese officials reportedly weigh a new wave of economic stimulus to counter the effects of tariffs. China Beige Book co-founder and CEO Leland Miller joins Catalysts with Madison Mills and Longview Economics global economist and chief market strategist Chris Watling to discuss the details. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Trump tariff selloff: 3 things you must know about stocks right now Heavy selling continued in markets around the world on Monday amid the record fallout from President Trump's tariff plan. U.S. futures are deep in the red after having shed an astounding $5.4 trillion in value in the two days since the president revealed big-time tariffs on major companies. The S&P 500 is now at its lowest level in 11 months. Tokyo's Nikkei 225 index tanked 7.8%. Hong Kong's stock market nosedived about 12%, the worst day in more than 16 years. China's Shanghai Composite Index lost 8.4 percent. Yahoo Finance Executive Editor and host of Opening Bid Brian Sozzi breaks down the three things you need to know today to navigate this uncertainty. Jamie Dimon warns of slower growth, higher inflation as tariffs reshape global economy: 'We're not in Kansas anymore' JPMorgan CEO Jamie Dimon and other big names on Wall Street are issuing new warnings about the impact of President Trump's tariffs as markets continue to plunge. Top Midday Gainers Janover (JNVR) said Monday it raised about $42 million in an offering of convertible notes and warra Bitcoin Stabilizes After Dropping to Lowest Level Since November (Bloomberg) -- Cryptocurrencies recovered from an earlier plunge in a whipsaw day of trading triggered by President Donald Trump’s onslaught of tariffs on US trading partners. Most Read from BloombergHousing Agency Aims to Relocate Its DC HeadquartersBoston Mayor Wu Embraces Trump Resistance as Campaign Heats UpThis Skinny Mexico City Tower Is Just 14 Feet Wide on One SideThe Irish Hot Press Is the Low-Tech Laundry Trick the World NeedsTrump Order on CDFI Fund Risks Aid for Small Businesses, Hou US Steel Stock Jumps as Trump Orders Review of Biden-Blocked $14.1B Nippon Deal Shares of U.S. Steel jumped on Monday after President Donald Trump said the company's proposed acquisition by Japan's Nippon Steel should be reviewed. Update: Gold Falls as the Dollar and Yields Climb Amid Market Turmoil (Updates prices.) Gold traded lower mid-afternoon on Monday as the dollar and treasury yield rose FTSE dives to year-low as global market turmoil continues The FTSE 100 fell by 4.38% to 7,702.08, its lowest closing price since March last year, at the end of trading. U.S. Steel Stock Rises as Trump Orders Review of Nippon Deal The potential transaction values the American steel maker at $55 a share, far above where shares currently trade. Top Stock Movers Now: Tesla, US Steel, Dollar Tree, and More The major U.S. equity indexes were lower midday Monday, as the Trump administration showed no signs of pulling back from sweeping reciprocal tariffs. Rhythm seeks market expansion for Imcivree following Phase III victory Imcivree has shown benefit in a Phase III trial in patients with acquired hypothalamic obesity, leading to 19.8% weight loss. Rhythm Pharmaceuticals Weight Loss Drug Study Shows Significant BMI Reduction For Rare Type Of Obesity Disorder Rhythm Pharmaceuticals, Inc. (NASDAQ:RYTM) on Monday released topline results from the pivotal Phase 3 TRANSCEND trial evaluating setmelanotide, a melanocortin-4 receptor (MC4R) agonist, for the treatment of acquired hypothalamic obesity. Acquired hypothalamic obesity is a rare, non-genetic form of obesity resulting from damage to the hypothalamus, the brain region controlling energy balance, often caused by tumors, surgery, or radiation, leading to rapid weight gain and metabolic complications. Trump Orders New Review of Nippon-U.S. Steel Merger The White House said the review is meant to assist the president in determining whether further action would be appropriate. Stock market volatility deepens as Wall Street faces rollercoaster opening The US’s S&P 500 had major swings on Monday. Top Midday Stories: Tesla, Apple Hit by Tariff Woes, Wedbush Says; Trump Orders New Review of US Steel, Nippon Steel Deal Wall Street's major market averages were lower in late-morning trading on Monday, extending last wee Mesa Air Strikes All-Stock Deal to Merge With Republic Airways Mesa Air's (MESA) shares jumped intraday Monday after the Mesa Airlines parent agreed to merge with The nuclear option China could take in trade war with the US President Xi Jinping is on the offensive. China’s surprise announcement of 34pc retaliatory tariffs on US goods triggered a fresh wave of stock market falls on Monday. Sunation Energy Announces Closing of Second and Final Tranche of Registered Direct Offering Generating Gross Proceeds of $5 Million RONKONKOMA, N.Y., April 07, 2025 (GLOBE NEWSWIRE) -- SUNation Energy, Inc. (“SUNation” or the “Company”) (Nasdaq: SUNE), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, today announced the second and final closing of its previously announced securities purchase agreement with certain institutional investors for the purchase and sale of 4,347,826 shares of the Company’s common stock (or common stock equivalents in lieu ther Trump orders fresh review of Nippon Steel's bid for US Steel - statement President Donald Trump on Monday directed a powerful U.S. national security panel to take a fresh look at Nippon Steel's bid for U.S. Steel to help determine if "further action" is appropriate, raising hopes for an elusive greenlight for the deal. "I direct the Committee on Foreign Investment in the United States...to conduct a review of the acquisition of U.S. Steel by (Nippon Steel) to assist me in determining whether further action in this matter may be appropriate," the memo reads. US Steel did not respond to requests for comment. Trump orders fresh review of Nippon Steel's bid for US Steel President Donald Trump on Monday directed a powerful U.S. national security panel to take a fresh look at Nippon Steel's bid for U.S. Steel to help determine if "further action" is appropriate, raising hopes for an elusive greenlight for the deal. "I direct the Committee on Foreign Investment in the United States...to conduct a review of the acquisition of U.S. Steel by (Nippon Steel) to assist me in determining whether further action in this matter may be appropriate," the memo reads. US Steel did not respond to requests for comment. Performance Overview Trailing total returns as of 4/7/2025, which may include dividends or other distributions. Benchmark is MSCI WORLD (^990100-USD-STRD) Return BTN.XA MSCI WORLD (^990100-USD-STRD) YTD 0.00% -12.35% 1-Year 0.00% 0.00% 3-Year 0.00% +7.82%