Trump's 10% tariffs officially took effect, with China retaliating with 34% countermeasures. Global markets continued bleeding, with Wall Street having lost $5.2 trillion over two sessions. Italian Economy Minister Giorgetti called for "blood cold and no panic," warning against EU counter-tariffs while suggesting suspension of the EU Stability Pact to support affected businesses.
Foreign Minister Tajani emphasized only the EU - not Italy individually - can negotiate with the US, telling entrepreneurs not to "flee." Meanwhile, Prime Minister Meloni sought an early Washington visit amid polling concerns.
By afternoon, Elon Musk made a surprise appearance at the Lega congress, expressing hope for "zero tariffs" while controversially warning of "mass killings" from terrorism in Europe. The congress attendees called for Salvini's return to the Interior Ministry.
Five Star Movement organized a significant anti-rearmament rally in Rome, with Conte positioning it as building an "alternative to the government."