US President Donald Trump arrives in a joint session of the Congress on US Capitol on March 4, 2025, with US president Mike Johnson and Vice -President JD Vance behind him.
Win McNamee | Via Reuters
25% of US President Donald Trump’s tariff on Canada and Mexico, and an additional 10% on China is officially in place, proving that he did not only negotiate them as a negotiation tactic, as many thought – and hoped. Canada and China has since announced the retaliation of the tariff, while Mexico said his response would come on Sunday.
US stores and international relations can be broken by the US, but this could be the most damage to domestic consumers and the economy. Business leaders in shipping and retail – two industries that serve as Bellwethers economics – expressed concern that tariffs could increase prices, even in a few days.
In markets, investors were also scared. All the main American beings have collapsed. The gains achieved by S&P 500 while riding a wave of victory for Trump’s victory on the day of the election now disappeared. Technical supplies are broken from Trump’s inauguration in January. The tax on imported goods from other countries begins to look like shares.
What you need to know today
Compromise on tariffs?
25% of US President Donald Trump on the goods Imported from Canada and Mexico, as well as an additional 10% levy on China, thrown out at midnight on Tuesday. US Secretary of Store Howard Lutnick said on Tuesday that Trump “probably” announced Tariff compromises contracts with Canada and Mexico As soon as Wednesday. In a speech before Congress on Tuesday, Trump said his tariffs would cause “A little disorderBut we’re fine with that. “
China targets the economic growth of “about 5%”
China targets a Gross target growth of “about 5%” for 2025according to to the official report of Beijing. The second largest economy in the world raised the aim of the budget deficit to “about 4%” GDP Of the 3% last year, which is the largest fiscal deficit that returns to 2010, according to data accessed through wind data. This move, among other incentive measures announced on Wednesday, indicates a meaningful shift in Beijing’s politics as it tries to resolve the slow economy.
Price increasing probably, say companies
Trump’s tariffs could encourage prices in days, business leaders said. “The short -term effect of any tariff is obviously inflation“said Charles van der Steene, President of North America for ship Gigant Maersk, while Target CEO Brian Cornell told CNBC” Consumer will probably see on Tuesday The price increases over the next few days. “This is causing the fear of “stagflation” In the American economy, where prices are growing, but growth slows down.
The markets fall on tariff fears
Investors sold US shares on Tuesdayscared of the effects of tariff on economy. AND S & P 500 lost 1.22%, Dow Jones industrial average dropped 1.55% and Nasdaq composite He retreated 0.35%. The Chinese CSI 300 climbed to 0.42% while investors assess news from parliamentary gatherings in the country. Australian S & P/Asx 200However, it fell 0.77% even as a country The fourth quarter’s GDP expanded 1.3% of the yearbeating of expectations.
Avoiding ‘Trump Bump’ choice deleted
“Trump’s bump” in markets has disappeared. After switching on Tuesday, the S&P 500 closed to 5,778.15, below the level of 5,782.76 on the day of the election, November 5. This means that the index lost after the election. AND Russell 2000 The small cap index, which jumped 5.84%on November 6, was reduced by about 8%. Meanwhile, Technology supplies have fallen more than 7% Ever since Trump has taken over his duty in January.
[PRO] Look for Europe for capital: analysts
Europe is a place for investors in capital, according to analysts who have marked increasing estimates and political risk in the US market as flaws compared to a more stable geopolitical environment in Europe. The European market and economy also offers Several other advantages over that of the USA
And finally …
K-POP music albums and related goods exhibited at a retail store in Seoul.
Anthony Wallace | AFP | Getty Images
K-Pop shares defy the political and economic troubles of South Korea-like and Trump’s tariff threat
South Korea’s economy slows down, and growth has reached multiple low low. His currency was under pressure, and the country is in political unrest. US President Donald Trump’s tariff threats didn’t make things easier. But there is one sector that offered to investors this year: K-Pop, one of the greatest cultural exports of South Korea.
Shares of four main K-POP companies have so far received between 20% and 33% this year, surpassing Kospijev 5.39% gain and increase of 8.8% Kosdaqa, from March 4. Hybe, Jyp and Yg also reached the new 52-week maximums this year. One of the reasons why investors are turning to K-POP shares is that the sector does not face the risk of US tariffs, and the Analyst Shinhan Securities Ji In-Hae wrote last month, the Google translation of her notes in Korean.
