This is the Global News podcast from the BBC World Service.

I'm Jeanette Jaliel and in the early hours of Friday, the 11th of April, these are our main stories.

Donald Trump acknowledges that a period of difficult transition is inevitable

after his tariff policies trigger another day of turmoil on Wall Street.

A general strike against public spending cuts in Argentina disrupts transport and other services.

A helicopter crashes into New York's Hudson River with reports that all six people on board have been killed.

Also in this podcast.

Thank you. Also in this podcast. Prada buys Versace in a billion-dollar deal.

Transition problems.

That's a term the U.S. President Donald Trump used during a cabinet meeting at the White House to describe the recent turmoil in the US stock market.

After it surged on Wednesday in response to his partial U-turn on tariffs, it fell again sharply on Thursday.

Shares in Europe and Asia also rallied initially after Mr Trump announced that he would limit

tariffs for 90 days on nearly all countries, with a glaring exception of China, on which he has

imposed tariffs of well over 100%, prompting Beijing to impose its own hefty retaliatory

tariffs on US goods entering China,

raising fears that their all-out trade war will have devastating repercussions around the world.

The US president is also facing accusations that he manipulated the stock market after he posted

on his truth social site that it was a great

time to buy. Just hours before his announcement of a 90-day pause on his original tariff plans

caused markets to soar. John Sudworth reports. As share prices fell again, President Trump

held a three-hour cabinet meeting, much of it in front of the TV cameras,

and with the now familiar sight of cabinet members taking turns to shower him with praise.

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