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China retaliates against the US with 84% tariffs, Trump to announce tariffs on pharmaceuticals

DeFi Daily News by DeFi Daily News
April 9, 2025
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China retaliates against the US with 84% tariffs, Trump to announce tariffs on pharmaceuticals
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Morning Brief anchors Madison Mills and Brad Smith report on what’s impacting markets on April 9, 2025.
As the S&P 500 nears bear market territory, Madison and Brad speak to experts about escalating trade tensions between China and the United States and the impact on markets. After President Trump’s 104% tariffs on China took effect Wednesday, China hit back with a retaliatory 84% tariff on US goods. Other stories include Trump announcing that tariffs may be coming on pharmaceutical companies and Delta Airlines CEO Ed Bastian discussing why the company decided to withdraw its full-year guidance. For more Morning Brief videos, please visit: https://finance.yahoo.com/videos/series/morning-brief/
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Tags: announceBondsbusinessChinaCurrenciesEquitiesFXInvestingInvestmentMarketMarketsMoneymorning briefNewsNYSEPersonal FinancepharmaceuticalsPoliticsretaliatesSavingsStock marketstockstariffsTrumpYahoo FinanceYahoo FInance Premium
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