Freight ships and containers at the Qingdao port in the Eastern Chinese Province of SHANDONG, December 4, 2024.
Stringer | AFP | Getty Images
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The tariffs do not happen immediately – at least for Mexico and Canada. In what seemed to be another successful agreement negotiated by US President Donald Trump, two countries agreed to increase their border protection, which led to a break in tariffs.
The markets sighed with relief and made sharp turns on the news. But persistent jerks about long -term uncertainty prevented supplies to have a positive day. Trump’s comments on Sunday that he agreed with the decision of the US federal reserves that they did not change interest rates could also be charged by investments of investors (as much as they like) for lower rates.
Early alphabet, which was published later today, could attract the most attention, but in the current context dominated by Trump would be interesting to see how Toyota engine and Fordwho report on Wednesday’s earnings, talk about – or eye – how the tariffs will affect their business.
What you need to know today
(Some) Trump’s Tariffs on hold of
US President Donald Trump on Monday agreed Stop the tariff in Canada At least 30 days, Prime Minister Justin Trudeau said in a post on announcement X. TRUDEAU a few hours after Mexico President Claudia Sheinbaum posted on X that Trump was keeping the tariffs on its export in a month. The delay comes after the two countries agreed to take steps to prevent the Fentanil trade in the USA
Return the salvo from China
China replied to Trump’s 10% tariffs – what will go Above the existing ones – with a series of criminal measures. The country will impose Additional 15% tariffs on coal and liquidated import of natural gas from USA and 10% higher duties on raw oil, agricultural equipment and certain cars, starting on February 10, The Chinese Ministry of Finance announced Tuesday. Beijing also triggers Antitrust probe in Google Through charges of monopoly practice.
US markets fall but Asian supplies grow
All the main American indexes ended on Monday in red. IN Dow Jones industrial average He withdrew 0.28%, steering losses of 1.5% earlier during the day, after the news of the tariff break was broken. IN S & P 500 slid 0.76% and Nasdaq composite demolished 1.2%. Asian-Pacific markets rose on Tuesday. Japanese Nikkei 225 added about 0.6% as shares of car manufacturer in the country, such as Honda and ToyotaAdvanced. However, Mitsubishi Motors The shares dropped as much as 15.25% after the company reduced its year -round forecast of net profit.
Us a sovereign fund of wealth
Trump on Monday signed an executive command that describes plans for Fund of Sovereign Wealth of the US Government. Although it aims to develop infrastructure such as airports and highways, it could also help the US in the US to expand its impact in areas such as Panama and Greenland, and even to buy a ticta.
‘Properly what to do’ – a steady rate
In an obvious change, Trump said US federal reserves held interest rates between 4.25% and 4.5% on their January “was the right thing.“The statement stood in a distinct contrast one delivered Trump When the world’s economic forum in Davos, Switzerland, is spoken. On January 23, Trump said he would “demand that interest rates would fall immediately.”
Investors are poured into Palantir
Palanti shares rose as many as 24% in extended trading on Monday after the software company reported about earnings and revenues in the fourth quarter they received estimates. A three -month revenue increased 36% compared to the year earlier to $ 828 million. For the whole year, sales increased by 29%. Together with the rhythm of the fourth quarter, Palantir offered better than expected guidelines for the whole year. Executive director Alex Karp attributed most of the company growth to its use of artificial intelligence.
[PRO] Trump’s tariff ‘template’?
The markets may have picked up after the news broke out that Trump had rejected the tariffs for now, but still closed the day lower. Analysts are similarly careful about how Trump will schedule tariffs in the future – even if they are “template” for contracts, other countries could be pushed to stronger and more powerful to distort the great moves in stocks in any direction.
And finally …
A freight ship filled with container embroidery at the Qingdao port in the Eastern Chinese Province of SHANDONG, December 4, 2024.
Stringer | AFP | Getty Images
Trump’s tariffs could create a new challenge for Chinese creators politics: growth rate below 5%.
US tariffs are likely to cause a significant blow to the Chinese already decaying economy, enhancing calls to stronger stimuli measures to strengthen the growth of the country. An additional 10% of cinema tariffs, on top of the duties that already exist, would reduce the actual growth of Chinese gross domestic products for 50 base points this year, said economist Goldman Sachs in a report on Monday. As an external trade war, economists expect more fiscal consumption to compensate for Chinese deflation pressures and increase consumption.
