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Cedar Rapids Gazette in Cedar Rapids, Iowa

04 Apr 2025

Page 8

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Cedar Rapids Gazette April 4, 2025 Page 8 old newspaper archives

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Apr 04, 2025

Page

8

Markets tumble as Trump tariffs spark global slide

Investors reel as Trump unveils a 10 percent minimum tariff and higher levies on China and EU imports. Stocks fall worldwide with the S&P 500 down 11.8 percent from its February peak, while Dow and Nasdaq slide and Treasuries rally on rate-cut bets. France, Germany, Japan, Hong Kong, and Korea all trim indices as fears of inflation rise.

MENTIONED IN THIS ARTICLE

U.S Trump Wall Street Mary Ann Bartels Sanctuary Wealth China European Union UBS Bhanu Baweja Sean Sun Thornburg Investment Management White House Florida Best Buy United Airlines Target France Germany DAX Europe Japan Hong Kong Hang Seng South Korea Kospi
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Hinson backs Social Security protections amid cuts debate

U.S. Representative Hinson defends Social Security and Medicare while backing GOP plans to cut waste and tighten Medicaid eligibility. She urges safeguarding benefits for seniors, veterans, and vulnerable groups, while supporting oversight measures and DOGE led anti fraud efforts. Hinson warns of tax hikes if Trump cuts expire and cites 25 percent tax rise in her district.

MENTIONED IN THIS ARTICLE

Trump House Hinson Elon Musk Department of Government Efficiency DOGE Iowa U.S. House Treasury Department Treasury Government Accountability Office Social Security Administration Dubuque Doge Caucus Trump’s Musk O’malley 2Nd Congressional District Mike Johnson
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United States Federal Reserve Treasury S Fed Donald Trump Frankfurt Associated Press NPR U.S. Department of Agriculture Brooke Rollins India Peru Brazil United Kingdom USDA Congress Judicial Branch Tom.barton Thegazette the Gazette Independent News Leader Jim Slosiarek Jimslosiarek Slosiarek Thegazette.com Hawkeyes Gazette Jimthegazette.com
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