Trump paused some tariffs, Nasdaq in correction

US President Donald Trump holds an executive command at the Oval Office, in the White House in Washington, DC, March 6, 2025.
Evelyn Hakstein Reuters
US President Donald Trump has expanded his stoppage to the goods coming from Canada and Mexico, as long as they avoid the terms of the United States, Mexico and Cananga agreement, a commercial deal between all countries.
Unlike Trump on Wednesday, investors did not enjoy this time. All major American standards sank, as Nasdaq’s boat dagged in the correction and loss of Trump’s stumbling block after the elections.
It may be because the Trump administration seems to double the definitions, even when it acknowledges – and rejects – the repercussions of such fees.
Trump cleaned the idea that he was watching the markets, causing panic among investors who were suffering from banks on “Trump’s situation”, the idea that the current president would prevent a sharp decline in shares. Meanwhile, US Treasury Secretary Scott Beesen waved the idea of ”cheap goods” as an integral part of the “American dream”.
What you need to know today
A tariff pause on some goods
The goods imported to the United States from Canada and Mexico, which are Compatible with the Trade Agreement in North America known as USMCAA White House official told reporters on Thursday that US President Donald Trump’s tariff for both countries will be temporarily excluded from US President Donald Trump’s tariff by 25 % on both countries. This covers about 38 % of Canadian imports and 50 % of Mexico, according to another official. The decline will continue until April 2.
“Do not look at the market”: Trump
When he was asked on Thursday if the decision to stop the tariffs on many products from Canada and Mexico for one month was due to the stock market, Trump said it was it.Do not even look at the market“In the long run,” the United States will be very strong with what is happening here. “On the same day, US Trade Minister Howard Lootnick told CNBC,” The president focuses on rebuilding America … You will see the stock market. “
The US Treasury Secretary rejects “cheap goods”
US Treasury Secretary Scott Bessin said on Thursday during the New York Economic Club speech.Access to cheap goods It is not the essence of the American dream. He added that Trump considers that the customs tariff has three benefits: as a source of revenue for the government, as a way to protect industries and workers from unfair practices around the world, and “the third station to stool” as Trump also uses “to negotiate.”
More demobilization operations from the era of the epidemic
The employers in the United States announced 172,017 workers’ demobilization For the month of February, an increase of 245 % over the previous month and the highest monthly number since July 2020 during PandeMic Covid, Challenger, Gray & Christmas on Thursday. More than a third of the total of billionaire Eileon Musk, with Trump’s blessing, came to reduce the number of federal employees. Challenger set the total federal job discounts announced at 62,242.
American markets are tired of customs tariff changes
American stocks fell on Thursday On the definition fatigue. the S & P 500 1.78 % decrease and Dow Jon’s industrial average It lost 0.99 %. the Nasdak 2.61 % decreased to enter the correction area, which means that it has decreased by 10 % from the highest level in recent times. Heavy technology index also Wiping all after the election gains. Europe Stoxx 600 The decrease index decreased by 0.03 % as investors digested the last reduction of the European Central Bank. Germany Laxative 1.47 % increased yet Hit a high standard number Earlier in the trading day.
The European Central Bank reduces interest rates
European Central Bank on Thursday Reducing interest rates by 25 basis points And updating the language in its decision by saying that monetary policy has become “less restricted”. The reduction provides a rate of facilitation of the deposits of the European Central Bank, and its main average, to 2.5 % – a step whose markets were widely before the announcement. European Central Bank President Christine Lagarde said that he did not oppose the ruling Council members, but the governor of the Central Bank refrained from his gratitude.
[PRO] Semi -ETFs frightening style
The first part of 2025 was not nice in semiconductor stocks. ETF follows a basket of semiconductor companies, low numbers last month, unlike its 38.5 % jump in 2024. Flax planned style formed – The first time this is done in more than two years – which may indicate more troubles in the future.
Finally …
Merchants around the world are monitoring updates of US President Donald Trump’s commercial policy.
Spencer Platt Gety pictures
Global bonds are sold where investors interact with the Trump tariff and the German “model”
Government borrowing costs increased all over the world on Thursday. The return on German government bonds rose on Wednesday, with the return of debt tools for 10 years, adding about 30 basis points. The Bund return rose for 10 years, which is seen as a standard for the wider euro area, at the beginning of the trading session on Thursday before heading down.
Jim Reed, Deutsche Bank’s research expert, said in a note to customers on Thursday morning that the transformation of political equipment in Germany helped fuel a greater appetite for the most dangerous assets in Europe. “There is no doubt that the markets are pricing in the transformation of the policy system in the generation once, which led to a big step for the risks of European origins,” he said.
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2025-03-07 00:43:00