EPISODE · Apr 10, 2025 · 7 MIN
Morgans AM - Friday, 11 April 2025
from Morgans Financial Limited · host Morgans Financial
US equity markets retreated, handing back a portion of the huge gains logged in the previous session’s near record breaking rebound. Losses accelerated after the White House confirmed that the cumulative tariff rate on China would actually total 145% (consisting of the new 125% duty on goods, on top of the 20% rate levied in response to the fentanyl crisis), overshadowing cooler-than-expected inflation figures.
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Morgans AM - Friday, 11 April 2025
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