Morning Economic Report 4/11/25

There is no limit in the acrimony between China and the US. After President Trump upped punitive tariffs to 145% China also increased its import duties on US goods to 125%. Naturally, the trade war between the world’s two biggest economies causes anxiety amongst investors as the fears of recession and inflation increase. Compulsory optimism is displayed from the within the US administration expressing hopes that bilateral trade talks will calm nerves. The market does not buy into it. European shares and US stock index futures are on the descent with gold at record high.