Consumer Tech News (April 7-April 11): US President Puts 90-Days Pause On Tariffs, Microsoft May Cut Jobs & More

President Donald Trump’s announcement that he will place a 90-day pause on tariffs for countries that have not retaliated against U.S. trade measures. Markets rose on the news, driven higher by tech stocks. 

U.S. President Donald Trump has been on the receiving end of criticism from Michigan auto and business groups as tariffs on automotive imports remain in effect.

The U.S. and Vietnam have launched trade negotiations after President Donald Trump paused the implementation of a 46% tariff on Vietnam's exports, a move that could bolster the country's growing tech manufacturing sector.

The European Union and China have agreed to explore setting minimum prices for Chinese-made electric vehicles as an alternative to tariffs imposed last year, a European Commission spokesperson.

The sales figures for Q1 2025 for EVs showcase a growth in U.S. EV sales for several manufacturers and paint a strong picture for the domestic EV sector.

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European Commission president Ursula von der Leyen has said the EU is preparing a slate of retaliatory measures that could include levies on digital advertising revenues from U.S. tech companies.

Microsoft Corporation (NASDAQ:MSFT) has reportedly fired two employees who disrupted the tech giant’s 50th-anniversary event on Friday after protesting the company’s ...

https://www.benzinga.com/news/large-cap/25/04/44778503/consumer-tech-news-april-7-april-11-us-president-puts-90-days-pause-on-tariffs-microsoft-may-cut-j