Trump's real victims – American consumers?


The shelves in the dollar store are naked on April 1, 2024 in Lansing, Michigan in the USA

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The tariffs have freed themselves – and temporarily, almost capricious, stopped – by US President Donald Trump gave governments around the world headache when they come up with how to minimize interference in their economies. But the US consumer, ironically, can be a real victim of tariffs.

During the weekend, the Chinese e-Tailer known for offering portfolio friendly items, increased prices, citing “import fees”. Analysis Gabrielle Fonrouge and Anna Palmer from CNBC showed that these fees can cost more than the items themselves and eventually double the price of a typical order.

Something worse than a price increase occurs where daily needs are not available to buy. Some US stores could see Empty shelves According to a company dealing in assets in a few weeks, when the impact of tariffs on China begins to filter into the economy.

It is true that China exports much more to the USA than imports from the country, such as the Secretary of the Treasury Scott Bessent indicated. The implication of this commercial relationship is that the American consumer has more to lose when China's exports slowly to the Chinese.

What you need to know today

European actions exceed us
American actions listed by mixed Monday. . S&P 500 was marginal 0.06% and Industrial average Dow Jones Rose by 0.28%. . NASDAQ compositeHowever, he slipped by 0.1%. In Europe, Stoxx 600 The indicator added 0.53%. Great Britain FTSE 100 increased by 0.02% for that 11. In a row, profit day And his best run since the end of 2019. Supply The shares jumped 16.5% after the company announced a acceptance of the takeover from Doordash.

China-Us trading war is still cooking
A spokesman for the Chinese Ministry of Foreign Affairs, Guo Jiakun, said at a press conference on Monday Beijing has no talks with the USA regarding a tariff agreementAnd he is not aware of the President of China XI Jinping talking to US President Donald Trump, contrary to what the latter has claimed. Treasury Secretary Scott Bessent on Monday told CNBC that “It depends on ChinaBecause they sell us five times more than we will sell them. “

Tariffs drive this to price increases
Chinese E-Tailer Tempora He began to add “import fees” About 145% in response to the Trump tariffs. Fees that apply to US clients and dug over the weekend after price increases on Friday can be higher than the cost of the product. “Elements imported to the USA may be subject to import fees,” he wrote on his website.

$ 150 billion of investment by IBM
IBM on Monday announced It will be Invest $ 150 billion in the USA Over the next five years, including over $ 30 billion for the development of American Mainframe production and Quantum computers. Separately, President Microsoft Brad Smith wrote Monday that the USA “cannot be lagged behind” China in the race Design and produce a working quantum computer.

Amazon introduces a competitor Starlink
Amazon on Monday launched the first batch of Kiiper internet satellites After the space after Earlier attempt He was scrubbed due to adverse weather. Six years ago, Amazon presented his plans to build a constellation of internet binding satellites in the low earth orbit, called Project Kuiper. Service It will compete directly from Starlink Elona Musk, which currently dominates the market and has 8,000 satellites in orbit.

(PRO) Economic expectations this week
The simplest week of the earning season is here – over 160 S&P 500 components have a notification, including AppleIN Meta platforms AND Microsoft. Investors will look for tips on how tariffs can affect the results of the lower companies. Look at CNBC Pro's a breakdown of what was expected From key reports this week.

And finally …

Traders work on the floor of the New York Stock Exchange on March 11, 2025.

Spencer Platt Getty Images News Getty images

The worst (and best) supplies during Trump's difficulty first 100 days

Some supplies made serious swings on days since Trump returned to the White House.

He believed that American investors were put on plans changing to the market, such as tariffs and cuts of expenditure of the federal government. S&P 500 aims to register it The worst first 100 days of the presidency From the second term of office of Richard Nixon in the seventies.

Under the hood, some names see excellent movements. CNBC checked the S&P 500 to see which actions reached the best and worst since Trump returned to the oval office in January.



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