Wall Street gives signs of caution between Trump’s contradictory signals about the definitions
Los American stock markets They closed on Wednesday to liftBut out of its overlap, despite the fact that the president Donald TrumpI promised to reduce the customs tariff “significantly” to ChinaWhile his intention to say goodbye to Federal Reserve (Fed), Jerome Powell. The S&P 500 increased by 3.6 % before going suddenly and ended by 1.67 % to the top, although it recording a row respectively.
On Wednesday, the Wall Street Journal reported that the Trump administration is considering Between 50 % and 65 %. An overlapping approach can be adopted, with 35 % taxes on goods that are not decisive to national security, while maintaining a tariff of at least 100 % on basic Chinese imports. Although these numbers are a strong decrease in the current 145 %, The proposed commercial barriers are still important.
However, the Treasury Secretary, Scott Besent, told the press that there is no unilateral offer to reduce the customs tariff to China, and added that the administration was studying measures that exceed the definitions. In his speech at the Washington Finance Institute, Besent said there is. An opportunity to reach a wonderful agreement“In commercial matters Between the United States and China.
Besent argued that China should “graduate” from the country’s development, declaring: “There is no justification for continuing to lend money … China treatment – the second economy in the world – because” the country in development “is ridiculous.” In addition, the “Financial Times times” stated that the Trump administration is considering reducing the customs tariff for Chinese cars. However, Trump denied such a proposal and suggested that it could increase imports to import vehicle components Canadians.
Earlier this month, the US President imposed a 25 % tariff on all car imports, which gave an exemption from one month to cut vehicles under a virtue A treaty between Mexico, the United States and Canada (T-MEC). “While it is clear that these recent events have short -term ascending effects, everything talks again about An undifutuer and volatile nature Michael Brown, the first researcher at Prepstone London, wrote in a note:
Various reactions
At 6:00 CEST, The future contracts for our business They went during the Asian session on Thursday, while The uncertainty continued to increase. Dow Jones 0.28 %, S&P 500 0.14 % and Nasdaq Composite 0.22 %. the Investors It is preserved Be careful in the midst of political and economic uncertainty Driving with unpredictable irregular tariff plans for Trump.
Los Asian markets It was mixed. The Hong Kong Hang Singh Index decreased by 1.23 %, the Japanese Nikki 225 increased by 0.58 %, and South Korea Kobe gave 0.33 %, while Australia increased ASX 200 0.66 %.
On the contrary, European stock market futures decreased slightly, referring to a flat opening throughout the continent. In particular, European markets continued to overcome their American counterparts, with the support of a More overall economy environment. German Dax rose by 3.14 %, and returned to a maximum month, while Euro Stoxx 600 increased by 1.8 % on Wednesday.
The euro returns
The weakest euro by force against the dollar in The last two sessions in the stock market. The green ticket was strengthened after the clear changes in Trump’s head on China and On the head of the Federal Reserve Counciland Jerome PowellAlthough dollar recovery can be inconsistent. The EUR/USD pair decreased slightly over 1.13 in the first operations on Thursday, less than three years old from 1,1566 reached on Monday.
Gold counteal ball
price Euro Remove quickly after two days of falling, reflecting the uncertainty in the market. At 5:55 CEST, gold rose 1.2 % to $ 3,329 an ounce during the Asian session, and most losses on Wednesday. Golden futures increased by 1.3 %, up to $ 3338.
