On April 16, 2025, reports indicated that Beijing is targeting Boeing. Chinese airlines have been ordered to halt further deliveries of Boeing jets and cease purchases of aircraft-related equipment and parts from U.S. companies.

On April 17, 2025, Goldman Sachs Group Inc. estimated that US investors could be forced to offload around $800 billion of Chinese equities "in an extreme scenario" of financial decoupling between the US and China.

Reported on April 17, 2025, the US president's ban on Nvidia selling microprocessors to Beijing continued to cause financial market turmoil. Nvidia's stock fell by 6.9%, dragging down US technology stocks and the Nasdaq, which lost 3.07%.

Published on 2025-04-16, the WTO expects the volume of world merchandise trade to decline by 0.2% in 2025, based on current tariffs and a 90-day suspension of reciprocal tariffs, before a modest recovery of 2.5% in 2026. The World Trade Organization (WTO) predicted a historical contraction of world trade in 2025 due to the "tempête Trump," revising its forecasts from a 2.7% growth to a decline of between 0.2% and 1.5%.

Published on 2025-04-16, the article reports that Chinese refiners are importing record amounts of Canadian crude after slashing purchases of US oil by roughly 90% amid escalating trade tensions.

Reported on April 17, 2025, escalating tariffs by Donald Trump are creating conditions for a global economic upheaval. Tariffs on Chinese imports are at 145% since April 10, 2025, and China retaliated with 125% tariffs on April 11, 2025.

On April 16, 2025, Federal Reserve Chair Jerome Powell emphasized the central bank's commitment to preventing tariffs from causing a sustained increase in inflation. He also stated at the Economic Club of Chicago that the central bank will never be influenced by any political pressure, emphasizing that "Our independence is a matter of law."

The WTO forecasts a steep decline in North America in 2025, with exports expected to drop by 12.6%, according to a report published on 2025-04-16. According to a report published on 2025-04-16, North America's external trade is expected to decline by 1.7% in 2025, dragging global trade down.

Published on 2025-04-16, the WTO warned of severe downside risks in 2025, including reciprocal tariffs and policy uncertainty, potentially leading to a sharper decline of 1.5% in global goods trade, particularly hurting export-oriented, least-developed countries.

According to the WTO, North America is projected to subtract 1.7 percentage points from global merchandise trade growth in 2025, while Asia and Europe will contribute positively, but less than previously expected, with Asia's input halved to 0.6 percentage point. The report was published on 2025-04-16.

A report published on 2025-04-16 indicates that the growth of services, such as tourism or software sales, which are exempt from customs duties, should not exceed 4% in 2025.

Published on 2025-04-16, the report forecasts that the global trade in goods should return to a modest growth of 2.5% in 2026.

Bloomberg reported on 2025-04-16 that Zhongrong International Trust Co. was recently deemed insolvent by state-appointed custodians on 2025-04-14, who submitted a winding-up proposal to regulators. This occurred after the company faced government intervention due to losses on real estate and other investments, impacting the $3.7 trillion industry.

Published on 2025-04-16, Nvidia warned of potential $5.5 billion in write-downs due to a US ban on selling its H20 chip in China. ASML reported disappointing first-quarter bookings. Tesla shares fell after halting plans to ship components from China for its Cybercab and Semi trucks, citing increased tariff costs. United Airlines' shares rose after releasing two earnings scenarios.

On 2025-04-16, it was reported that fund managers are selling debt of oil companies in emerging markets due to falling energy prices and the global trade war. Petroleos Mexicanos bonds experienced their biggest weekly loss since 2020 earlier this month, and Gran Tierra's notes tumbled the most on record in April.

On 2025-04-16, United CEO Scott Kirby discussed offering two earnings forecasts due to economic uncertainty, mentioning the best first-quarter performance in five years. The company's outlook depends on the macro environment. He also addressed recession risk and the company's strategy.

Steel and aluminum makers are bracing for the impact of President Donald Trump's tariffs on their first-quarter earnings, as reported on April 16, 2025. The 25% levy on metal imports has boosted prices, potentially improving the financial outlook for US producers.

On April 16, 2025, reports indicated that there have been 22 days with no investment-grade bond sales this year, one of the highest of the last decade, worse than during the early part of the Covid-19 pandemic as of April 9, 2025. Companies are expected to sell nearly another $1 trillion of high-grade bonds in the US this year.

On 2025-04-16, it was reported that United is pulling about four points of capacity from the second half of the year due to weakness in demand, particularly in the low-end domestic consumer market. International travel has stabilized, with the weakest area being the low-end domestic consumer in the United States.

Hermès International SCA reported first-quarter sales in Asia Pacific excluding Japan rose 1.2% at constant exchange rates, below analyst expectations, as reported on April 17, 2025. The sales were impacted by a slowdown in Chinese luxury demand.

On April 16, 2025, China announced it would no longer retaliate against U.S. tariffs, dismissing further increases as a "joke." Instead, China will focus on measures targeting the American services sector.

On April 16, 2025, White House press secretary Karoline Leavitt stated Trump is open to a deal with China if Beijing makes the first move. A Chinese spokesperson responded that Beijing is open to negotiations but the U.S. must cease "threats and blackmailing."

On April 16, 2025, a social media account linked to Xinhua News Agency suggested Beijing might curb U.S. legal consultancy firms. The account also mentioned investigating U.S. companies' China operations for alleged "monopoly benefits" from intellectual-property rights.

On April 16, 2025, reports indicated that China would reduce imports of U.S. films and cautioned citizens against traveling or studying in the U.S. This signals pressure on the U.S. entertainment, tourism, and education sectors.

Published on 2025-04-16, the article mentions that following market turbulence after the tariff announcement, President Trump announced last week that new duties on imports from most trading partners would be reduced to 10% for 90 days to allow for trade negotiations. The American customs agency announced temporary exemptions for smartphones, computers, and chips from punitive levies, but President Trump later stated that these exemptions would be temporary.

On April 16, 2025, Chinese police issued notices to apprehend three individuals accused of cyberattacks against China on behalf of the U.S. National Security Agency. Chinese state media also urged users to replace American technology with domestic alternatives.

On 2025-04-16, Rock Creek Group Founder and CEO Afsaneh Beschloss stated on "Bloomberg Markets" that Chinese consumers save more than US consumers "because they feel fear."

Published on 2025-04-16, a report indicates that couples are cutting wedding budgets and delaying weddings due to a sinking stock market and recession fears causing a pullback on big purchases. One couple slashed $75,000 from their $400,000 Manhattan wedding budget set for later this year.

On 2025-04-16, BP’s strategy reset is under pressure after oil’s plunge to $65, according to a report published on the same day. Published on 2025-04-16, the article mentions that last week, BP gave a gloomy overview of its first quarter performance.

A pipeline expansion in Western Canada that opened less than a year ago has presented China and other East Asian oil importers with expanded access to the vast crude reserves in Alberta’s oilsands region, according to a report published on 2025-04-16.