Trump Pummel tariffs, leaving the Red Trail


US President Donald Trump has a “asset card” when he talks to journalists on board Air Force One on the way to Miami in Florida, April 3, 2025.

Kent Nishimura Reuters

The so -called liberation day of US President Donald Trump came and left for the country. What exactly did his commercial plans release the world's largest economy? Management of the global economic and financial system? King Dollar places on the throne? Cordial relations with trade partners and political allies?

Of course, this is all speculation. Tariffs, in addition to 25% of cars, have not yet begun. The universal 10% Trump tariffs will come into force on April 5, while the seemingly “mutual” tariff indicator – calculated using an unconventional, in order to determine it, a formula based on a commercial deficit in goods – will live on April 9.

Despite the horror expressed by economists, market strategists and (privately) general directors, Trump may actually be right that the US economy, and more precisely its production industry, can be revitalized after a period of pain. “Markets intend to boom. Wrestling will be a boom. The country will be a boom,” he said in the White House.

But for now, the only (reluctant) subjected to Trump's “liberation” were investors who were freed from the burdensome weight of returns. Then investors escaped to the security of the bond before more “boom” shake the market.

What you need to know today

Trump is supposedly open to tariff conversations
US President Donald Trump said it would be
open to tariff talks with other poviats If they offer something phenomenal, according to the Reuters report. Trump's best adviser, Peter Navarro, said CNBC less than an hour earlier that wide tariffs “are not negotiations.” Separately, the general director of Altimeter Capital, Brad Gerstner, told CNBC that he talked to the largest companies of the general directors of America and think Tariffs are “Huge mistake. “

Bloodbath for American stocks
Stocks in the USA fell on Thursday. . S&P 500 sank 4.84% and Industrial average Dow Jones It will stop 3.98%. It was the largest index drop from June 2020. NASDAQ composite fell by 5.97% on the worst session since March 2020. 10-year treasure The efficiency dropped by up to 4%because investors turned to bonds in search of security. The markets of Asia and the Pacific sank on Friday. Japan Nikkei 225 fell by 3%, leading losses in the region, while Australia S&P/ASX 200 fell by 2.44% on the territory of correction.

Trillions in market capitalization lost by Mag 7
Great seven actions together lost around USD 1.03 trillion in market capitalizationAccording to the CNBC analysis of the Thursday session. As a whole, a wonderful seven CNBC indicators fell by more than 6% on a commercial day. Apple Actions were Was used the mostFalling by more than 9%, his strongest fell for 5 years. Apple Official list of suppliers It largely includes disproportionately affected by Trump tariffs.

Stagflating skullking around the corner?
Trump's tariff plan will slow down and can speed up prices, creating Threat of staglation “Real”, Lindsay Rosner, Goldman Sachs' He said a boss with a constant income. Jpmorgan Economists believe that Trump's commercial policy “would probably be This year, push the US and the global recession economy. “The US Federal Reserve will then stand without winning, necessity Choose between the inflation of the fight, increasing growth – or simply avoiding the fight and allowing events to continue your course without intervention.

The court in South Korea maintains the impeachment
South Korea Constitutional Tribunal on Friday Impeachment of the President of YON SUD YEOLrejecting him from the office. The decision now begins with a 60-day countdown, during which the presidential election must take place to choose the next president. Meanwhile, Prime Minister Han Duck-Soo was restored as acting as president After the decision of the Constitutional Court on March 24.

(Pro) Friday work report can be a “nail in a casket”
Freshly absorbing this week's tariff news from the White House, investors are preparing for a work report on Friday, which can provide good news, even if it is better than expected. And if the work numbers are weak, it may be “nails of the coffin for the American economy“He wrote one market strategist.

And finally …

Shipping containers at the Port of Yangshan near Shanghai in China, February 7, 2025.

Go Nakamura Reuters

China's response to new US tariffs will probably focus more on stimuli, building trade ties

A few hours after US President Donald Trump announced an additional 34% tariff to China, the Chinese trade ministry called the US until tariffs and swore indefinite remedies.

But, as it was, the closing line of the Chinese statement was a call to negotiations.

“I think that the purpose of China's response will not be a retaliation tariff or such funds in the near future,” said Bruce Pang, an assistant professor at CUHK Business School. This is, according to the translation of CNBC, a statement of the Chinese language.

Instead, Panang expects China to focus on improving their own economy by diversifying export places and products, as well as doubling the priority of increasing national consumption.



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