Category: Flash News

On April 8th, Bolivian President Arce stated on April 7th local time that the US President Trump administration’s policy of imposing tariffs on multiple countries may have “devastating” consequences for the global economic system, and even lead to a global economic recession. Arce stated that Bolivia opposes this tariff policy that lacks any technical basis. The United States’ attempt to maintain its economic dominance over emerging economies through tariff policies is purely a political decision. This measure directly violates the principle of international trade freedom and is highly likely to have a chain reaction on a global scale. It is a unilateral action that endangers the balance of the global economy.

On April 8th, Mexican President Simbaum stated on April 7th local time that he did not rule out the possibility of retaliatory tariffs on the 25% steel and aluminum products tariffs imposed by the United States, but promised to make every diplomatic effort to seek an agreement to avoid pushing up domestic prices. Simbaum said that Economy Minister Ebrard will travel to Washington this week to continue consultations with the US government. Mexico will avoid implementing retaliatory tariffs as much as possible and continue dialogue to protect Mexican industry and businesses before taking other measures. According to data from the US International Trade Administration, Mexico is the third largest source of steel imports for the United States, after Canada and Brazil. In 2024, Mexico will export 3.2 million tons of steel to the United States.

On April 8th, the Bolivian Ministry of Civil Defense reported on April 6th local time that as of now, rainfall, floods, and landslides have caused 55 deaths, 8 people are missing, more than 1200 houses have been completely destroyed, and over 400000 households have been affected by the rainfall. Three out of nine provinces in the country have declared a state of disaster, while two provinces are in a state of emergency.

On April 8th, US President Trump stated on April 7th local time that he is “dissatisfied” with Russia’s continued attacks on Ukraine as the US is trying to facilitate an end to the conflict between the two countries. Trump said that US officials are meeting with Russia and Ukraine, stating that they are “approaching,” but he did not say whether this means approaching a ceasefire. Due to the “failure” in Russia Ukraine ceasefire and other matters, President Trump of the United States “complained” about Russia on March 30, threatening to use “secondary tariffs” on Russian oil exports. Regarding this, Russian Presidential Press Secretary Peskov said on March 31 that media reports about “Trump being very angry with Russian President Putin” are a paraphrasing interpretation rather than a “direct quote”.

On April 8th, US President Trump met with Israeli Prime Minister Netanyahu on the 7th local time. After the meeting, Netanyahu stated that he had discussed with Trump about reaching a new Gaza ceasefire and exchange of detainees agreement, and hoped that future new agreements would be successful. He emphasized that Israel is still committed to releasing all Israeli detainees and eliminating the Palestinian Islamic Resistance Movement (Hamas) in the Gaza Strip. He also stated that he and Trump discussed plans to relocate Palestinians out of Gaza. Netanyahu said that Trump has put forward a “bold” idea, and both sides have discussed it, including which countries may be willing to accept Palestinians. In addition, both sides also discussed the situation in Syria and the Iranian nuclear issue.

On April 8th, the United States plans to more than double the existing anti-dumping and countervailing duties on imported cork wood from Canada. According to published and unpublished documents in the Federal Register, as part of the annual review process, the US Department of Commerce plans to increase tariffs from 14.4% to 34.45%. In February 2025, the US Department of Commerce proposed a significant increase in anti-dumping duties on imported cork wood from Canada, along with an additional countervailing duty. The cork wood tariff dispute between Canada and the United States has become one of the most enduring trade disputes between the two countries. According to official Canadian sources, over the past 25 years, the US timber industry has frequently demanded that the US government restrict the import of Canadian soft wood by applying US countervailing duties and anti-dumping laws. As of March 2025, the US Department of Commerce has conducted six administrative reviews of anti-dumping duty orders on certain cork products imported from Canada as a reference for the final imposition of tariffs.

On April 7th, Democratic Senator Bernie Sanders stated in an interview with CBS on April 6th that the United States under Trump’s leadership is facing “unprecedented danger” and is rapidly moving towards oligarchy. He said that this means the US government is being managed by and serving the billionaire class. On April 2nd, US President Trump signed an executive order at the White House regarding the so-called “equivalent tariffs”, announcing that the United States would impose a “minimum benchmark tariff” of 10% on trading partners and impose higher tariffs on certain trading partners. The US government’s move has faced opposition and criticism from multiple parties worldwide. More than a thousand protests were held in multiple parts of the United States on the 5th, opposing policies related to the Trump administration and the government efficiency department led by Musk. (CCTV News)

On April 7th, Italian Prime Minister Meloni stated on April 6th local time that the Italian government will respond to the issue of US tariffs with a “firm and pragmatic attitude”. Meloni said that Italy does not agree with the choice of the United States on the tariff issue. Italy is ready to use all necessary means, including negotiation and economic means, to support Italian enterprises and industrial sectors affected by the imposition of tariffs by the United States.

On April 7th, recently, many regions across the country have intensively introduced housing purchase support policies, further reducing the threshold and cost of residents’ housing purchases through measures such as “real money” housing subsidies, innovative housing subsidy policies, and optimizing and expanding the “old for new” housing consumption model. Among them, in many regions, the maximum amount of housing subsidies can reach hundreds of thousands of yuan, and the increase in subsidy intensity has become an important trend. According to monitoring by the China Academy of Sciences, since 2025, more than 110 provinces, cities, and counties in China have issued over 170 policies. The optimization of policies in various regions focuses on adjusting housing provident fund loans and increasing housing subsidies.

On April 7th, despite recent fluctuations in global stock markets, there have been many positive signals coming from the A-share market. According to data, as of April 6th, a total of 42 listed companies in the A-share market have disclosed their performance forecasts for the first quarter of 2025. Among them, 41 companies are expected to have good performance, accounting for 98% of the total. Among them, 20 companies are expected to increase, 3 companies will continue to make profits, 5 companies will turn losses around, and 13 companies will slightly increase. The overall performance is impressive.