The trade war can be fought without tariffs

Trade barriers can appear in many forms. Tariffs are only one. Bridic license requirements, export restrictions and fine -shaped areas are other obstacles.

Nvidia said on Tuesday that she would take care Fee for $ 5.5 billion Related to the canceled chip export to China due to the new principles of licensing the US government. Beijing took revenge on the Trump tariff by implementing Export restrictions on rare lands And meNcreasing Atiminstruct to SprecTys in case. The administration of Donald Trump floats the idea of ​​imposing Charges for Chinese containers I call ports in the USA.

Considering these changes, the World Trade Organization warned on Wednesday that the prospects of global trade “deteriorated violently” and forecasted a decrease of 0.2% in 2025. There is no ordinary fear: shipping ships from China already cancel their travels.

Conditions on the stock exchange also deteriorated. American shares fell on Wednesday because NVIDIA export restrictions maintained investors. Trade – in all contexts – is hammered by the tariff attack of US President Donald Trump.

American markets shocked by renovated commercial chills
USA shares fell on WednesdayAchieving a low session after the speech of the chairman of the US Federal Reserve Jerome Powell on inflation and tariffs. . S&P 500 lost 2.24% and Industrial average Dow Jones fell by 1.73%. . NASDAQ composite sank 3.07%, loaded Heavy falls of chip stocks Among the reports of Fr. New license requirements in the USA Down Nvidia export. Chipmaker shares fell by 6.9%.

Asian markets break away from Wall Street
The markets of Asia and the Pacific were mainly on Green Thursday. South Korea Kospie About 1%added when the central bank in the country expected maintained its goal interest rate at 2.75%. Japan Nikkei 225 It increased about 1.2%, even like a country Reported AND 3.9% increase in exports in MarchLepging estimates and rapidly reduce 11.4% jump in February.

Voltage in a double mandate
Powell on Wednesday expressed concern that the central bank “may be in a difficult scenario in which ours Double goals are tense. “Fed aims to ensure stable prices and full employment. Economists, including you in the Fed, see the threats of both Trump tariff goals, which” will probably leave us from our goals, “said Powell during the Question and Answers session.

The WTO warns against world trade disorganization
” The prospects of global trade have deteriorated violently Due to the growth of tariffs and uncertainty of commercial policy, the “World Trade Organization warned in its latest report” global trade perspective and statistics “on Wednesday. Based on the currently existing tariffs, including a 90-day suspension of “mutual tariffs”, it is expected that the size of global trade in goods is now to fall by 0.2%.

Freight vessels from China canceling trips
American importers are notified on Increase in canceled cruises according to freight vessels from China: In total 80 empty or canceled, cruises from China were registered by the Freight Company HLS group. The impact of reduced container movement on North America will be significant for many connections in the economy and supply chain, including in companies and logistics companies that transfer freighs.

TSMC earnings have overcome expectations
Taiwan Semiconductor Manufacturing Company Reported on Thursday Earnings in the first quarter that overcome the expectations of analysts. The net income of the Chip Production Company increased by 60.3% compared to the year of year to USD 361.56 billion (USD 11.1 billion), while net revenues in the March quarter increased by 41.6% to USD 839.25 billion from the same last year. The demand for artificial intelligence chips increased the fortune of TSMC, but Trump's tariffs pose a threat to his future earnings.

(PRO) Still convinced in Dollar: Piper Sandler
The dollar indicator, which measures the green place in relation to the basket of main currencies, fell last week to the lowest point since April 2022. Among the increased uncertainty of Trump's tariffs. More disturbing, the American dollar is usually seen as a safe resource in times of variability, so its weakness raised concerns. Piper Sandler, however, is still some currency – Here's why.

China is addressed to US and other areas services because it reduces “senseless” tariff increases for goods

Last week, China announced that he would take revenge against the tariffs of US President Donald Trump, saying that the greater growth of the US would be a “joke” and Beijing would “ignore” them.

Instead of focusing on tariff goods, China decided to resort to other means, including steps focused on the American services sector. Beijing has introduced a series of immodest restrictive measures, such as expanding the control of rare mineral minerals and opening antitrust probes to American companies.

In addition, China is perceived by some as trying to expand the trade war in order to trade in services – which includes travel, legal, consultation and financial services – where the US has been conducting a significant surplus with China for years for years.