Global Market Update

📺 WBN TV – Global Market Update: April 18, 2025
✍️ Tony | Market Update Channel | April 18, 2025
📌Markets spiral as Fed refuses support, Trump targets Powell, and Google faces another monopoly ruling. Global trade tensions rise.
🧠 Summary of Key Segments:
00:18 Wall Street Market Rout | Google Case
- Fed Chair Jerome Powell holds firm despite market volatility.
- Trump calls for Powell's ouster amid rising economic turmoil.
- Major blow to Big Tech: U.S. court rules Google monopolized ad tech.
Why It Matters:
Investor confidence is shaking. This public rift between the Fed and the White House, coupled with legal pressure on Google, is triggering a seismic shift in both market leadership and policy trust.
04:10 Steel Tariffs Hit Japan, South Korea | TSMC Turns To US
- New U.S. tariffs crush steel exports from Japan and South Korea.
- TSMC ramps up Arizona chip plant to align with U.S. reshoring efforts.
Why It Matters:
Global supply chains are fragmenting. These moves show just how serious the U.S. is about economic self-reliance—at the cost of key Asian allies.
08:05 China Courts EU Amid Tariff Tensions
- China tries to win over the EU as tensions with the U.S. escalate.
- Deep-rooted mistrust and political friction hamper progress.
Why It Matters:
This is a diplomatic chessboard. If China sways the EU, it could redraw global trade alliances and force U.S. firms to rethink their global strategies.
🎯 TAGS: #Global Market Update #Trade Policy #Big Tech Regulation #Wall Street Trends #Tariff Wars #Investment Insights #Asia Pacific Market
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