(8 Apr 2025)
RESTRICTION SUMMARY:
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New York – 8 April 2025
1. STILL: Commuters arrive at Wall Street station in New York.
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Jerusalem, Israel – 8 April 2025
2. STILL: An Israeli shopkeeper places a price tag for his watermelon at his fruit and vegetable stall in the Machane Yehuda Market
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Istanbul, Turkey – 8 April 2025
3. STILL: A seller attends a client at the Fener street food market,
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Barcelona, Spain – 8 April 2025
4. STILL: Containers at the port of Barcelona
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Los Angeles – 8 April 2025
5. STILL: Shipping containers are seen near downtown Los Angeles
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Miami – 8 April 2025
6. STILL: Trucks arrive at Port Miami
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Paris – 8 April 2025
7. STILL: View of the market surveillance room of the Euronext France, the business district of La Defense, outside Paris
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Jakarta, Indonesia – 8 April 2025
8. STILL: An employee holds U.S dollars banknotes at a money changer in Jakarta
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Guwahati, India – 8 April 2025
9. STILL: A customer counts dollars inside a forex shop in Guwahati, India
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Narayaganj, Bangladesh – 8 April 2025
10. STILL: Factory workers operate machines to make garments at UHM Ltd. in Narayaganj, Bangladesh
11. STILL: Factory workers check the garments before dispatching to their clients at UHM Ltd. in Narayaganj, Bangladesh
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Karachi, Pakistan – 8 April 2025
12. STILL: A tailor stitches a men shirt at a small factory in Karachi, Pakistan
STORYLINE:
The nation’s top trade representative said Tuesday that President Donald Trump’s sweeping tariffs are already getting results, bringing other countries to the negotiating table to discuss reducing their trade barriers.
U.S. Trade Representative Jamieson Greer addressed the Senate Finance Committee a day after global markets swung wildly and some business leaders lambasted the president’s aggressive bid to raise tariffs on almost every nation on earth.
Greer testified that “about 50” countries have sought talks to escape Trump’s import tariffs. He said, for example, that Vietnam is cutting its own tariffs on apples, almonds and cherries. The import taxes are designed to reduce America’s massive trade deficits, but Greer conceded that it will take time and that the adjustment might ”be challenging at times.”
Lawmakers, including Republicans, are getting jittery about Trump’s trade wars, especially since stocks collapsed after he announced broad tariffs last Wednesday. The market rebounded Tuesday on hopes that negotiations will convince the president to lower or suspend the tariffs, the biggest of which are set to take effect at midnight Wednesday.
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