100 Days In: Trump’s ‘Strategic Uncertainty’ on Tariffs Leaves Markets Guessing

Published: 04-09-2025, 10:54 am Delta Air Lines is facing unexpected challenges in 2025, prompting the carrier to cancel planned flight capacity expansion and withdraw its financial guidance for the year. CEO Ed Bastian specifically criticized President Trump’s tariffs as “the wrong approach,” noting their negative impact on bookings. Despite reporting first-quarter earnings of 46 cents per share (above the expected 38 cents) with revenue of $12.98 billion, Delta now forecasts second-quarter revenue between -2% and +2% compared to last year, below analysts’ expectations of 1.9% growth. The airline has observed a sharp decline in consumer and corporate confidence since mid-February,

Published: 04-09-2025, 10:23 am China has matched President Trump’s 84% tariff increase with identical tariffs on US imports, escalating the trade war between the world’s two largest economies. Total US tariffs on Chinese goods now exceed 104%, which China’s State Council called “a mistake upon mistake” that harms the global trading system. Beyond tariffs, China has imposed export controls on 12 US companies, banned six US firms from trading or investing in China, and filed a WTO complaint. Treasury Secretary Bessent dismissed these actions, arguing the trade war will hurt China more due to its export dependence on the US

Published: 04-09-2025, 09:55 am | Updated: 04-09-2025, 08:59 am President Trump’s reciprocal tariff plan has officially gone into effect, with U.S. Customs and Border Protection beginning to collect country-specific tariffs from 86 U.S. trade partners starting at 12:01 a.m. ET. The plan includes a substantial 104% tariff on Chinese goods, intensifying trade tensions between the world’s two largest economies. China has pledged to impose countermeasures in response, while the European Union, through Commission President Ursula von der Leyen, has indicated willingness to negotiate but is also preparing retaliatory measures. The tariffs have triggered significant negative reaction in financial markets, with