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Analysts generally had a pessimistic take on the announcement, with some even predicting an increased risk of a recession for the U.S.

Chinese electric vehicle startups Xiaomi, Xpeng and Leapmotor each reported in March delivery volumes that were roughly double of their startup competitors.

EU preparing further countermeasures against U.S. tariffs if negotiations fail: EC President von der Leyen

Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to return to the region.

The announcement, which came alongside a set of sweeping new tariffs, gives customs officials, retailers and logistics companies a month to prepare.

U.S. President Donald Trump unveiled a 10% baseline tariffs on most imported goods from global trading partners.

To call Trump's tariff plan a seismic shift in the economic and financial world order might be an understatement.

As President Donald Trump announced 'reciprocal tariffs' on Wednesday, CNBC's Jim Cramer said the president is focused on punishing U.S. trading partners.

Ireland has the strongest passport in the world, according to the Nomad Passport Index 2025.

"The Nasdaq peaked on DeepSeek day so that's a Mag 7 problem, not a MAGA problem," Bessent said.