50 COUNTRIES REACT TO TRUMP’S TARIFFS, SOME OFFER TRADE CONCESSIONS : REPORT

Mario Nawfal

@MarioNawfal
🇺🇸 U.S. TRADE REP: 50 COUNTRIES REACT TO TRUMP’S TARIFFS, SOME OFFER TRADE CONCESSIONS

Jamieson Greer says nearly 50 countries have contacted him about Trump’s sweeping new tariffs.

Countries like Argentina, Vietnam, and Israel have even offered to lower their own tariffs on U.S. goods.

Greer:

“Several of these countries, such as Argentina, Vietnam, and Israel, have suggested they will reduce their tariffs and non-tariff barriers.

These obviously are welcome moves.

Our large and persistent trade deficit has been over 30 years in the making, and it will not be resolved overnight, but all of this is in the right direction.”

Source: Reuters

Mario Nawfal

@MarioNawfal
BONDS ARE BACK — AND THIS TIME, IT’S PERSONAL

Stocks are tanking thanks to Trump’s tariff blitz, and bonds are doing what they do best: not crashing.

But here’s the twist — investors aren’t just hiding in boring old index funds like AGG or BND.

They’re handing their cash to actively managed bond ETFs, letting real humans (gasp) pick the winners — and it’s working.

Last year, they beat passive funds in most categories, while stock pickers once again proved they’re better at underperforming than outperforming.

Turns out, the AGG is a dinosaur, and smart managers want nothing to do with it.

Source: CNBC

Mario Nawfal

@MarioNawfal
🇪🇺 EU OFFERS ZERO-TARIFF DEAL TO U.S. ON INDUSTRIAL GOODS

Ursula von der Leyen:

“We stand ready to negotiate with the United States.

We have offered zero-for-zero tariffs for industrial goods as we have successfully done with many other trading partners because Europe is always ready for a good deal.

So we keep it on the table.

We are also prepared to respond through countermeasures and defend our interests.”

Mario Nawfal

@MarioNawfal
🇪🇺 EU: ZERO-TARIFF DEAL OFFERED TO U.S. IN TRUMP’S TRADE BLITZ

European Commission President Ursula von der Leyen said the EU had already offered Washington a “zero-for-zero” industrial tariff deal—before Trump’s sweeping new trade levies on April 2.

“We stand ready to negotiate,” she said today, showing an openness for diplomacy over escalation.

The EU has struck similar deals with other partners and is hoping to avoid a full transatlantic trade war.

With Trump’s 10% universal import tax now in effect and reciprocal tariffs climbing as high as 50%, Brussels is signaling good faith—but is also bracing for impact.

Source: DW, AFP

Mario Nawfal

@MarioNawfal
🚨🇪🇺VON DER LEYEN: EU TO SHIFT FOCUS TO 83% OF TRADE THAT’S NOT WITH U.S.

EU chief Ursula von der Leyen says Brussels is ready to negotiate on Trump’s tariffs — but won’t wait forever.

A new import surveillance task force is being set up, and countermeasures are on the table if talks break down.

The real headline: Europe is now preparing to pivot away from the U.S. and focus on the 83% of its trade that lies elsewhere.

Source: Reuters

Mario Nawfal

@MarioNawfal
🚨UK’S APPLIED NUTRITION EYES U.S. MANUFACTURING TO DODGE TRUMP TARIFFS

Liverpool-based Applied Nutrition says it may shift production to the U.S. to avoid Trump’s new 10% import tariff on UK goods.

Despite a profit dip, the sports nutrition firm posted record March revenues and reaffirmed its £100M full-year target after surging UK demand.

The company insists it won’t be “materially impacted” by tariffs—but it’s already preparing to move liquid product manufacturing stateside if needed.

With global growth in sight and Canada also hit by tariffs, Applied is adapting fast to protect margins in a new era of economic nationalism.

Source: Telegraph

Mario Nawfal

@MarioNawfal
🚨MARKETS ARE TANKING — WHAT DOES THAT MEAN FOR YOUR PENSION?

Big stock drops are back, rivaling the chaos of 2020 — and yes, your pension is exposed. But here’s what you need to know:

If you’re near retirement: You’re likely more invested in bonds and cash, so the hit will be smaller.

If you’re younger: More of your pension is tied to the market — and you’ll feel the dip. But pensions are a long game.

Defined benefit plans promise a payout regardless of market swings.

Defined contribution plans rise and fall with stocks — and right now, they’re falling.

The real red flag isn’t your pension balance today — it’s the rising risk of a global recession. And that hits jobs, wages, and stability across the board.

Source: BBC

Mario Nawfal

@MarioNawfal
🚨🇺🇸TRUMP’S TARIFF GAMBLE DRAWS 50+ COUNTRIES TO NEGOTIATE

White House economic adviser, Kevin Hasset:

“They’re angry, they’re retaliating—and they’re coming to the table.”

Nations like Israel, Vietnam, Taiwan, and India are offering deep tariff cuts to avoid steep U.S. duties — even Cambodia is proposing a 5% flat rate.

Despite market volatility and warnings of recession, Trump isn’t backing down, calling it an “economic revolution.”

Source: NBC

Mario Nawfal

@MarioNawfal
🚨🇺🇸MORGAN STANLEY WARNS: OIL CRASH SIGNALS RECESSION AHEAD

A sharp plunge in oil prices last week has Morgan Stanley flashing red — calling it a move “rarely seen outside of recessions.”

Brent crude dropped over 12.5% in just 2 days, a collapse that’s only happened 24 times since 1988 — and 22 of those were tied to recessions.

Analyst Martijn Rats says the only exceptions were Iraq in 2003 and the post-peak correction in 2022. This isn’t one of those.

Source: NBC News

Mario Nawfal

@MarioNawfal
🚨🇺🇸FEDERAL RESERVE HOLDS CLOSED-DOOR MEETING TO REVIEW INTEREST RATE POLICY

The Federal Reserve Board will convene a closed meeting today to discuss changes to the advance and discount rates charged by regional Fed banks.

The meeting will not be open to the public — signaling a potentially sensitive shift in monetary policy amid ongoing market volatility.

With pressure mounting from Trump to slash rates and recession risks looming, all eyes are now on the Fed’s next move.

Source: FED

Mario Nawfal

@MarioNawfal
🚨🇪🇺EU FINANCE MINISTERS TO MEET FRIDAY OVER U.S. TARIFF FALLOUT

European finance ministers will convene in Warsaw this Friday to address the economic hit from sweeping U.S. tariffs, according to Polish Finance Minister Andrzej Domanski.

With Washington imposing up to 25% tariffs on EU steel, cars, and most other goods, Domanski warned of rising costs, disrupted supply chains, and a drag on EU growth.

In response, Domanski is urging tighter EU internal market integration, calling for the removal of regulatory trade barriers between member states.

Domanski:

“A key objective of our discussion must also be to demonstrate the unity of the European Union.

Our strength lies in our solidarity.”

Source: Reuters

Mario Nawfal

@MarioNawfal
🚨🇺🇸TRUMP: I KILLED INFLATION AND MY TARIFFS ARE BRINGING IN BILLIONS

“Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is NO INFLATION, and the long time abused USA is bringing in Billions of Dollars a week from the abusing countries on Tariffs that are already in place.

This is despite the fact that the biggest abuser of them all, China, whose markets are crashing, just raised its Tariffs by 34%, on top of its long term ridiculously high Tariffs (Plus!), not acknowledging my warning for abusing countries not to retaliate.

They’ve made enough, for decades, taking advantage of the Good OL’ USA!”

Source: Truth Social

Mario Nawfal

@MarioNawfal
🚨🇬🇷GREECE DEMANDS EU-WIDE RESPONSE TO TRUMP TARIFFS AS ECONOMIC PRESSURE BUILDS

Greek Prime Minister Kyriakos Mitsotakis says the U.S. tariffs are a blow to global trade—but insists Greece’s economy can handle it.

Facing 25% tariffs on steel, aluminum, and cars—and 20% on nearly all other goods—the EU is now preparing countermeasures to Trump’s aggressive trade overhaul.

Mitsotakis is pushing hard for a unified EU-27 response, warning that only a collective stance can be effective against Washington’s pressure.

He criticized U.S. tariffs on iconic Greek exports like olive oil and feta as “not very sensible,” while pledging Greece will remain fiscally disciplined.

With just 4% of Greek exports headed to the U.S., the country isn’t panicking—but the EU’s next move could define the bloc’s trade future.

Source: Reuters