Open the newsletter to watch the White House for free

Your guide to what the American elections mean 2024 for Washington and the world

Donald Trump rocked global investors again as he pressed his plan for an aggressive tariff on the largest commercial partners in America even when he was promoting possible deals with some American allies.

The stock markets declined sharply with the president’s failure to calm the nerves of merchants a few hours before his appointment to countries from the European Union to China with new highly decline, which tends the world to a full trade war.

White House officials, including Treasury Secretary, Scott Payette, sought on Tuesday to talk about possible trade negotiations with South Korea, Japan and other countries – a message that gave hope to investors that Trump can alleviate his position yet Pressure from billionaire alliesCommercial partners and Republicans in Congress.

But any relief was shortened because it became clear that he was pushing forward Definitions Against commercial partners.

Speaking at an event to collect donations for Republicans in Congress on Tuesday night, Trump struck a challenging tone, saying that other countries “want a deal with us”, but America was not “necessarily” needing any agreements and was “happy with the way we are.” He added, “I know what is right for hell.”

The new attack from Trump’s tariff from Wednesday will include additional fees on China, although Beijing warns that it will achieve it “Fight to the end” In a rapidly evolving commercial conflict.

White House journalist Caroline Levitte said that the 50 percent additional tariff for China, the second largest economy in the world, said, “Eastern time”.

“Everyone continues to hope, and it continues to wait for the definitions,” said Peter Chore, head of the total strategy at the Securities Academy. “But we have just slapped the increasing definitions of China. We slowly lose this optimism that this is a negotiation tactic. That is why trading was very volatile today.”

The standard S&P 500 index rose to 4.1 percent early in the trading session, but it ended with a loss of 1.6 percent after Levit’s notes – on the occasion of a fourth consecutive day of severe disturbance in Wall Street Arrows. Apple, which is severely exposed to China through its supply chains, has decreased by more than 8 percent this week with investor concerns about its margins. Asian markets fell into early trading.

The US Treasury Market, 29, has also been exposed Pressure In the past two days, send long -term borrowing costs as volatility demands hedge boxes to sharply expand the risk.

“Our” shocks “estimates to” shocks “to marketing views using the joint movements of American stocks and links are consistent with a large classification of views in the United States.

Additional fees in China means that its exports to the United States will face duties of more than 104 percent – a level that will be considered provocative by Beijing, who has increased its 34 percent tax on American imports and moved to reduce the value of its currency.

In addition to the duties of the new China, the United States will also impose taxes on almost all other imports from Wednesday – the “mutual” tariffs announced by Trump during “Tahrir Day” last week.

This announcement has referred to financial markets since then, as it has eliminated the market value of $ 6.2 trillion from the S&P 500 and ignited the escalating inflation warnings in the United States and slowly in the global economy.

Oil markets also fell in response to expectations for a sharp slowdown in global trade, with medieval trading in West Texas in the United States at less than $ 60 on Tuesday – a level said by Drilles Trump’s ambitions. Increase American crude supplies.

The president’s design on the follow -up of the policies of the highly protected tariffs has led to a violent reaction from Wall Street, business leaders and some Republican legislators.

The trade war that waved on the horizon also opened divisions within the Trump Special Circle. On Monday, Pisent described his plan to launch talks with Japan on a new business deal, the Tsar Tsar of Trump Peter Navarro Book at financial times The president’s position was “not negotiations.”

On Tuesday, Elon Musk, Technology and Trump’s billionaire on Tuesday, attacked Navarro as a “fool” and “stupid from the brick bag” after Navarro suggested that the opposition of Tesla president with definitions was interested in particular.