Europe Should Focus on Gas in Trump Tariff Negotiations, says former Italian PM Renzi

“Trump could try to exchange a reduction in tariffs with an agreement of gas, and maybe also in defense,” says former Italian Prime Minister Matteo Renzi. Renzi, a serving Senator and leader of the Italia Viva party adds that Italy “needs globalization.” He argues that Europe should nominate “one voice” to negotiate with President Trump, advocating for Mario Draghi. (Source: Bloomberg)
https://www.bloomberg.com/news/videos/2025-04-17/former-italian-pm-renzi-on-trump-tariffs-video
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iNC0nZcSHBYU/v3/1200x-1.jpg
2025-04-17T10:35:30.000Z

US stock futures bounce back after selloff with Japan trade talks in focus

U.S. President Donald Trump said the country had made “big progress” in talks with Japan, one of the first rounds of face-to-face negotiations since his sweeping imposition of duties on global imports roiled markets and stoked recession fears. Upbeat results from Taiwan Semiconductor Manufacturing Co (TSMC) also contributed to some recovery for U.S. chip stocks, which had tumbled in the prior session after Nvidia flagged steep costs from new curbs on its AI chip exports to China. TSMC’s U.S.-listed shares jumped 3.6% in premarket trading, while Nvidia rose 1.3% after falling nearly 7% on Wednesday.https://ca.finance.yahoo.com/news/us-stock-futures-bounce-back-100015027.html?.tsrc=rss

Tariffs Latest: Trump Says ‘Big Progress’ Made in Japan Talks | Bloomberg The Pulse 04/17

US President Donald Trump says “big progress” was made in his meeting with a Japanese trade delegation. Tokyo’s top negotiator says more talks will take place this month.

Hermes shares dropped after the French luxury-goods maker’s first-quarter sales slightly undershot analyst estimates, stoking worries that even companies exposed to the wealthiest clients could be susceptible to a slowdown in demand for high-end items. The company will increase prices in the US as of May 1 to compensate for the impact of new tariffs. Meanwhile, Taiwan Semiconductor Manufacturing Co.’s net income and gross margin beat estimates. The world’s biggest chipmaker also kept its growth outlook for 2025 on expectations of AI revenue doubling, despite growing trade worries.

Today’s guests: Nataliia Lipikhina, JP Morgan Private Bank; Isabelle Job-Bazielle, Credit Agricole; Sue Duke, LinkedIn (Source: Bloomberg)
https://www.bloomberg.com/news/videos/2025-04-17/trump-big-progress-in-japan-tariff-talks-the-pulse-video
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iTsWuhrB8xcQ/v3/1200x-1.png
2025-04-17T10:14:45.000Z

Energy, tech touted as best bets once tariff-fueled swings ease

(Bloomberg) — Of all the S&P 500 sectors that have reeled from President Donald Trump’s trade war, strategists at 22V Research have identified three that they say will rebound the most on any easing of the tariff-fueled turbulence: energy, financial and tech shares.Most Read from BloombergTrump Signs Executive Orders on Federal Purchasing, Office SpaceHow Did This Suburb Figure Out Mass Transit?DOGE Places Entire Staff of Federal Homelessness Agency on LeaveWhy the Best Bike Lanes Always Get Blhttps://finance.yahoo.com/news/energy-tech-touted-best-bets-093000861.html?.tsrc=rss

Carlyle CEO Says Stickiness of Inflation Reflects Strong Economy

Carlyle Group Inc. Chief Executive Officer Harvey Schwartz said inflation across the firm’s portfolio companies is showing that the economy remains resilient, making it too early to judge whether the US is headed toward a recession.
https://www.bloomberg.com/news/articles/2025-04-17/carlyle-ceo-says-stickiness-of-inflation-reflects-strong-economy
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iL6JCS8HmkMs/v0/1200x-1.jpg
2025-04-17T10:00:00.000Z

The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come fast enough!

The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come fast enough!

https://trumpstruth.org/statuses/30681
2025-04-17T10:12:16.000Z

U.S. Tech Futures Rising After TSMC Earnings Jump

Futures linked to the tech-heavy Nasdaq 100 are on the rise early Thursday after Taiwan Semiconductor Manufacturing Co. posted a jump in net profit and sales for the first quarter. TSMC’s profit climbed 60% to 361.

https://finance.yahoo.com/m/d379021d-bdb3-3a45-9fcc-c7dc5fbaf7a6/u.s.-tech-futures-rising.html?.tsrc=rss
2025-04-17T09:13:49.000Z

The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come fast enough!

The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come fast enough!

The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come fast enough!