{"id":37905,"date":"2025-04-04T10:30:42","date_gmt":"2025-04-04T10:30:42","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/04\/04\/first-thing-markets-plunge-as-imf-says-trump-trade-war-poses-significant-risk-to-global-economy\/"},"modified":"2025-04-04T10:30:42","modified_gmt":"2025-04-04T10:30:42","slug":"first-thing-markets-plunge-as-imf-says-trump-trade-war-poses-significant-risk-to-global-economy","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/04\/04\/first-thing-markets-plunge-as-imf-says-trump-trade-war-poses-significant-risk-to-global-economy\/","title":{"rendered":"First Thing: Markets plunge as IMF says Trump trade war poses \u2018significant risk\u2019 to global economy"},"content":{"rendered":"<p>London\u2019s stock market opened at its lowest level since January, while France suggests pause on investing in the US. Plus, what now for TikTok?<\/p>\n<p>Good morning.<\/p>\n<p>Donald Trump\u2019s barrage of tariff announcements <a href=\"https:\/\/www.theguardian.com\/business\/2025\/apr\/03\/global-markets-turmoil-trump-tariffs-wall-street-downturn\">has wiped trillions of dollars off the value<\/a> of the world\u2019s largest companies and supercharged recession fears, with London\u2019s stock market <a href=\"https:\/\/www.theguardian.com\/us-news\/live\/2025\/apr\/04\/us-business-stock-markets-nyse-blog-trump-tariffs-asian-markets?page=with%3Ablock-67ef837f8f08f7ab2f00d42e#block-67ef837f8f08f7ab2f00d42e\">opening on Friday morning at its lowest level<\/a> since January.<\/p>\n<p><strong>What has the political reaction been?<\/strong> There are some <a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/03\/republicans-rebuke-trump-tariffs-canada\">signs of a slight Republican backlash<\/a>, with former Senate majority leader Mitch McConnell calling tariffs \u201cbad policy\u201d that hurt ordinary Americans. McConnell and three other Republican senators backed a Democrat resolution demanding that the 25% tariffs on Canadian products be reversed.<\/p>\n<p><strong>Get the latest<\/strong> from our <a href=\"https:\/\/www.theguardian.com\/us-news\/live\/2025\/apr\/04\/us-business-stock-markets-nyse-blog-trump-tariffs-asian-markets\">business blog<\/a> and our <a href=\"https:\/\/www.theguardian.com\/us-news\/live\/2025\/apr\/04\/donald-trump-fires-nsa-tim-haugh-tariffs-us-politics-latest-updates-news\">US politics blog<\/a>.<\/p>\n<p><strong>Were others fired?<\/strong> Yes \u2013 President Donald Trump said earlier on Thursday that <a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/03\/laura-loomer-trump-meeting\">he had fired \u201csome\u201d<\/a> White House national security council officials. The announcement came a day after the far-right activist Laura Loomer raised concerns with him about staff loyalty.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/04\/first-thing-markets-plunge-as-imf-says-trump-trade-war-poses-significant-risk-to-global-economy\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>London\u2019s stock market opened at its lowest level since January, while France suggests pause on investing in the US. Plus, what now for TikTok? Good morning. Donald Trump\u2019s barrage of tariff announcements has wiped trillions of dollars off the value of the world\u2019s largest companies and supercharged recession fears, with London\u2019s stock market opening on &#8230; <a title=\"First Thing: Markets plunge as IMF says Trump trade war poses \u2018significant risk\u2019 to global economy\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/04\/04\/first-thing-markets-plunge-as-imf-says-trump-trade-war-poses-significant-risk-to-global-economy\/\" aria-label=\"Read more about First Thing: Markets plunge as IMF says Trump trade war poses \u2018significant risk\u2019 to global economy\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-37905","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/37905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=37905"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/37905\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=37905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=37905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=37905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}