• Stocks closed last week in the green, but U.S. futures edged downward slightly Sunday night local time.
• At a Politburo meeting Friday, China called for more economic support.
• U.S. President Donald Trump signed on Thursday an executive order to jump-start deep-sea mining.
• Southeast Asian countries are turning to each other in the face of Trump tariffs and a growing U.S.-China trade war.
• This week is packed with earnings reports from the "Magnificent Seven" as well as inflation and jobs data.

U.S. President Donald Trump's "America First" ideology, which, generally speaking, prioritizes the domestic over the international, rests on the assumption that the world needs America more than it needs the world.

This may be true for the status quo. The U.S. is the world's largest importer and among the biggest exporters, according to the , a database provided by the World Trade Organization.

But change is afoot. Countries are finding ways to respond to Trump's nationalistic gestures.

Southeast Asian nations, which suffered the brunt of Trump tariffs, are banding together to increase intra-regional trade and diversify their export destinations. China, after assessing the severity of Trump's threats, seems to be ready to strengthen its fiscal stimulus.

It's not like the U.S. has a monopoly over all aspects of international affairs, either. China as well as critical minerals like and . Trump's green light to deep-sea mining of those elements is a sign the U.S. is playing catch-up with China.

An "America First" policy may backfire as it drives other countries to take measures that could leave the U.S. behind.

What you need to know today

Winning week for stocks
, concluding the week in the green. The rose 0.74% Friday to mark its first four-day winning streak since January. The advanced 1.26% and the inched up 0.05%. However, Sunday evening local time. Europe's regional index added 0.35% Friday, its . The U.K.'s closed 0.1% up for its 10th straight positive session, extending its longest winning run since 2019.

China calls for more economic support
China plans to " and called for "timely reductions" of interest rates in the face of "increased external shocks," according to a  chaired Friday by President Xi Jinping, translated by C온라인카지노사이트. The meeting of the Politburo, the second most powerful political body in China, comes as the trade war between the U.S. and China heats up.

Trump signs order to boost deep-sea mining
U.S. President Donald Trump signed on Thursday a sweeping executive order to , which uses heavy machinery to remove minerals and metals from the seabed. The move attempts to shore up America's access to strategically important minerals such as nickel, copper and rare earth elements, offsetting China's  in critical mineral supply chains.

Southeast Asian countries turn to each other
Export-oriented Asian countries were hit hard by Trump's "reciprocal" tariffs and the ensuing U.S.-China trade war. China is among the biggest trade partners for those countries, while the U.S. serves as their in areas like defense and development. Instead of picking a side, however, the region's nations are developing their own economies and .

[PRO] Eyes on earnings and data
More than , making it the busiest period of the first-quarter earnings season, notes C온라인카지노사이트's Sarah Min. Companies to look out for include Meta Platforms, Microsoft, Amazon and Apple. Investors should also watch the personal consumption expenditures price index, out Wednesday, and nonfarm payrolls, out Friday.

And finally...

European Central Bank policymakers whom C온라인카지노사이트 spoke to at the World Bank and International Monetary Fund's Spring Meetings this week broadly stuck a dovish tone, indicating they saw interest rates continuing to fall and few upside risks to euro zone inflation.

Christine Lagarde, European Central Bank president, said that the "disinflationary process is so much on track that we are nearing completion."

However, all stressed the current high levels of uncertainty, the need to keep monitoring data, and the high risks to the growth outlook. Lagarde, for instance, cautioned that the world economy is experiencing "shocks" that will be "a dampen on GDP."

Echoing her sentiment, Klaas Knot, president of The Netherlands Bank, said "the uncertainty that is created by the unpredictability of the tariff actions by the U.S. government works as a strong negative factor for growth."