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05.04.2025

Day Trump's Tariffs Took Effect As Housing Protests Filled Spanish Streets

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This page is an archive of main headlines from Spain for 05.04.2025.

It displays 56 headlines from many sources chronologically, as they appeared throughout the day, accompanied by AI overviews that were written in real time.

05.04.2025 ⇢ Day Trump's Tariffs Took Effect As Housing Protests Filled Spanish Streets
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Trump's 10% global tariff officially took effect, which he celebrated with "It's on!", deepening the financial crisis that began days earlier. Markets continued their downward spiral, with tech giants suffering over €2 trillion in losses. The tariff implementation intensified fears of a global recession, while creating competitive advantages for Morocco and Gibraltar that threatened Spanish exports.

Domestically, housing dominated the news as thousands marched in over 40 Spanish cities demanding affordable housing with slogans like "Madrid will be the tomb of rentierism." Catalonia officially ended drought restrictions in Barcelona after months of severe measures.

By evening, attention shifted to anti-Trump demonstrations spreading across the US under the "Hands Off!" slogan, as Americans protested what Spanish media described as a "hostile takeover of power" by Trump and Musk. Meanwhile, reports emerged of companies linked to Feijóo receiving €31 million in no-bid contracts from Galicia's regional government.

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06:12⇢Global Markets Collapse In Trillion-Dollar Bloodbath

⌨The newspapers extensively report on a global market panic triggered by Trump's trade war threats. Markets worldwide have crashed, with Wall Street suffering a nearly 10% drop in two days and the Ibex plunging 5.8%, its worst fall since the pandemic (El País, RTVE, El Periódico, La Razón). Financial losses are staggering, with major tech companies losing over 2 trillion in value (El Mundo) and Wall Street shedding 1.5 trillion euros (El Periódico). Some analysts describe it as "the stupidest trade war in history" that risks a self-inflicted recession (La Razón). Meanwhile, Russia has struck Zelensky's hometown with a missile, killing at least 16 (La Vanguardia).
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11:36⇢Trump's 10% Global Tariff Triggers Tech Stock Bloodbath

⌨The newspapers extensively report on Trump's newly implemented 10% universal tariff, which he celebrated with "It's on!" (20minutos, RTVE). Markets continue to suffer severe consequences with tech giants Meta, Tesla, Amazon and Google losing over 2 trillion in value (El Mundo). Chinese companies Alibaba and JD.com plunged more than 10% on Wall Street's "Black Friday" (Libertad Digital). Meanwhile, domestic news highlights that up to 200,000 Spaniards suffer from chronic fatigue syndrome, a debilitating yet overlooked condition (El Periódico), while housing activists rally under the slogan "End the housing business" (La Marea).
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18:44⇢Thousands March For Housing Rights As Rent Crisis Deepens

⌨The newspapers report extensively on nationwide housing protests demanding affordable housing, with thousands marching across Spain under slogans like "Madrid will be the tomb of rentierism" and "Let's end the housing business" (El Confidencial, Público, RTVE, La Marea). Other significant developments include Barcelona's drought officially ending (El Periódico), the government allocating an additional €2.08 billion to defense to reach NATO's 2% GDP target (La Razón), and concerns about Morocco and Gibraltar's advantageous position with only 10% tariffs potentially threatening Spanish exports (El Mundo).
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05.04.2025   archives
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