Breaking News

Trump hints at the softer tariffs, in the gathering markets


US President Donald Trump welcomes the audience members after signing a proclamation during the Greek Independence Day at the White House on March 24, 2025 in Washington, DC.

Win McNamee | Getty Images

So far, US President Donald Trump’s tariffs have reached a country -specific form, sharply mutual, focused on sectors and applicable only to countries with a particular trade relationship with others.

It was also “flexible” in their implementation-as a Friday noted the possibility of doing this last minute break, exceptions to goods in accordance with trade agreements and potential repetitions even for tariffs.

The markets gathered on Monday, guided by Trump’s hint that the countries could get a “break” from the reciprocal tariff. But it is unlikely that there will be a lasting trend of upward cultivation, given the wild swings in types and unpredictable executions of Trump’s tariffs.

Strategists often look at technical trends in stock movements, such as their 200-day moving average, in an attempt to do their future. In this political epoch, it could be fruitful to transfer that surveillance to Trump, which alternately caused markets to pop and dive – one expression.

What you need to know today

New Trump’s tariffs, again
US President Donald Trump said at a cabinet meeting earlier on Monday that he would announce soon
Tariffs targeting cars, pharmaceutical products and other industriesAnd, at the White House event later on the same day, he added a wood and semiconductor industry to his list. Trump also said that the US will impose 25% tariff Countries buying oil and gas from Venezuela.

Possible ‘breaks’ for tariffs
Even as Trump said he would impose tariffs on Monday at an event at the White House event, he said that “can give a lot of breaks“On reciprocal tariffs, which could take effect on April 2. When pressed to clarify whether the sectoral tariffs would start that day, Trump said at first,” Yes, it will be all “before you add,” but not all tariffs involved in that day. “

American stocks shoot
US stocks jumped on Monday With the relief that Trump’s tariffs may not be as heavy as expected. AND S & P 500 acquired 1.76%, Dow Jones industrial average increased 1.42% and Nasdaq composite gathered 2.27%. Tesla The shares climbed 11.9%, Their best day of November 6 2024The day after Trump’s electoral victory. European Regional Stoxx 600 index dipped 0.13%. Sweden’s defense company Saab acquired 4.5% after Ubs Upgraded supplies to buy from neutral.

Hyundai’s $ 21 billion investment in the US
South Korean conglomerate Hyundai He announced roughly on Monday Investments in US investment in US $ 21 billion This includes a $ 5.8 billion steel factory in Louisiani, Trump announced, chairman of Hyundai Euisun Chung and Louisiana Vladin Jeff Landry on Monday. The plant will hire more than 1,400 employees and will produce steel that Hyundai’s two US car plants will use to produce electric vehicles.

[PRO] Magnificent seven jumps?
The efficiency of “magnificent seven” shares can serve as a barometer for investors’ feelings for the US market, some analysts think. Their set on Monday, after a months -long route, created optimism for a turnaround – but one strategist of capital of thought Investors should not hope.

And finally …

Protesters clash with Turkish police against unrest while using tear gas and water cannons during demonstration after the arrest of Mayor Istanbul, in Ankara on March 21, 2025.

Adem altan | AFP | Getty Images

Political and financial unrest that dominate Turkey, risking economic stabilization plans

More than 1,100 people have been arrested in Turkish protests throughout the country since the demonstrations began on March 19, the Turkish authorities said on Monday, as political and economic instability has arrived nation after last week’s arrest of Istanbul Ekrem imamglu.

Analysts expect an extended period of volatility for Turkish lyre and foreign reserves through which the country will need to be burned to maintain it in the air.

Central bank officials spent $ 12 billion in foreign reserves last week to support Lira, the Financial Times reported on March 21, after the currency reached a record low than more than $ 40 to a dollar. The markets initially fell to the news of the arrest, and Turkey banned short sales and relaxed redemption rules on Sunday in an effort to make more storage.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Social Media Auto Publish Powered By : XYZScripts.com