Trump's announcement of a 10% baseline tariff on all trade partners, plus additional duties for many countries, has sent global markets spiraling.
The two will discuss issues including the hostage crisis, finishing the war in Gaza, and tariffs that were recently imposed by the Trump administration on Israel.
What makes this decision particularly galling is the timing. On Tuesday, Israel officially removed all tariffs on American products.
Musk, a Trump adviser who has been working to eliminate wasteful US public spending, spoke via video-link at a congress in Florence of Italy's right-wing, co-ruling League Party.
This comes after Prime Minister Benjamin Netanyahu talked to Trump about the tariffs.
Powell spoke as equity markets from Tokyo to London to New York continued a swoon that has wiped some 10% off major US stock indexes since Trump announced a raft of new tariffs.
Gold demand soars across Asia as new U.S. tariffs rattle markets and trigger a stock sell-off. Investors rush to gold as a shield against uncertainty and economic turmoil.
A look at where major assets—from precious metals to stocks—stand after today’s sharp downturn.
JPOST Digital Library
