The air view shows stored containers at the Balboa port, which manages Panama Ports Company, as US President Donald Trump plans to regain control of the canal, Panama City, Panama, February 1, 2025.
Enea Lebrun | Reuters
This is a report from today’s CNBC Daily Open, our newsletters about international markets. CNBC Daily Open brings investors to accelerate everything they need to know, no matter where they are. As you see? You can subscribe here.
What you need to know today
Trump’s tariffs enter into force
US President Donald Trump launched Salvo tariffs Saturday. Imports from Mexico and Canada will be affected by 25% duty, while those from China will be subject to 10% of tariffs. Energy resources from Canada will face a lower tariff of 10%. Tariffs are expected to enter into force on Tuesday or after 12:01 ET. Canadian Prime Minister Justin Trudeau announced the same day Tariff retaliation of 25% compared to $ 155 billion in American goods.
Inflation remained stable in December
Wall Street ended in 2024, but also inflation in the USA, the price index for personal consumption rose 2.6% on an annual basis in December,, reported USA Department of USA -AU Friday. This is a 0.2 percentage point from November and in accordance with the estimation of Dow Jones. Core bee, which removes food and energy prices, entered a plane from the previous month with 2.8%, also in accordance with expectations.
For shares, winning January in the midst of uncertainty
US markets withdrew on Fridaygiving up earlier gains, on the news of Trump’s upcoming tariffs. AND S & P 500 lost 0.50%, Dow Jones industrial average slid 0.75% and Nasdaq composite dropped 0.28%. However, all three indexes ended in January in Green. That said, Future stock fell on Monday morning. Paneurophic Stoxx 600 andNdex marked 0.13%, Reaching 6% gain for January – higher than the increase in S & P 500 of 3%.
Deepseek may have cost 100 times more
Chinese startup for artificial intelligence Deepseek’s sophisticated Ai model allegedly cost only $ 5.576 million to train, according to a technical report. This number excludes the costs of previous research, calculating expenditure and other processes. AND A new Semianize reportSemid research and counseling company estimates that Deepseek’s hardware consumption “well greater than $ 500 million through the history of the company. “
[PRO] Week full of earnings – and questions
The earning season this week is starting in high equipment, with more than 120 S&P 500 companies that had to be reported. Investors and analysts will not only spill through the results, they will also want to consider how executive directors respond Questions about Trump’s tariffs. In the meantime, a report on jobs in January will be on Friday, and the expectations of economists are a bit muffled for him.
Bottom line
US President Donald Trump’s tariffs are no longer a threat, but a reality. They took away wild January during which the new president entered the White House, and the new Chinese model of artificial intelligence increased the industry.
Anything else that was new in January: the highest closing level for S&P 500.
But with the current tariffs, a potential trade war war – difficulty inflation, seemingly stuck in the place, to withdraw – markets could be difficult to increase new heights in the short term.
Even the great technological earnings and the numbers of jobs that come this week, usually the market reports, are likely to play another puzzle in politics development.
Small comfort of markets: The total cost of Deepseek could be more than $ 500 million, the research company estimated. (The number of $ 5 million cited by Deepsek contains only training costs.) This could provide companies related to AI spring in their steps.
