Trump shows no mercy with his tariffs, stocks sink

US President Donald Trump speaks during a commercial declaration event, “Make the wealthy America again” in the Roses Park on the White House on April 2, 2025 in Washington, DC.
Chip Somodevilla | Gety pictures
Psychologist Karl Young believe in “collective subconscious”, a global mind that is exploited. In the context of the financial world, the stock market – as an apparent thing dependent on concrete numbers, but most time driven by instinctive hopes and fears – was a kind of such a business.
In other words, it is essentially tracking feelings. There is no more clear place than the contradiction between the movements of stocks during the usual trading hours (modest climbing), before US President Donald Trump revealed the disclosure of his customs tariff plan, and the extended trade (pre -pieces), when investors had time to digest – and suffer from indigestion – from the heavy weight of the White House all over the world around the world.
Trump disturbed the definitions a few days before his card was revealed. This quality of mercy was not anywhere to be seen – Customs duties look comprehensive and severe. Calling Trump’s introductory plan for the transformation of seismic in the economic and financial world system may be low. It may take time for price changes in the economy. But the stock market, as the collective subconscious of investors, can record this shock in the coming days.
What you need to know today
A tariff for everyone
On Wednesday, US President Donald Trump announced customs duties More than 180 countries and region. The plan imposes a 20 % tax on the European Union, 46 % on Vietnam, 32 % on Taiwan and 34 % on China – which comes at the top of 20 % already exist – making the total tariff on Beijing 54 %. There will also be a 10 % basic tariff on all American imports. Get updates on continuous tariff developments on CNBC Live Blog.
The threat of manufacturing in Vietnam
For years, Vietnam was a famous alternative to companiesLike brands for shoes and furniture manufacturers, in an attempt to avoid American trade tensions with China. But Trump’s tariff 46 % in Vietnam will change the image. shares Nikeand Stephen Madden and American eagle It retreated in the stretch trading after Trump’s announcement. The question now is whether – and where – these companies can transfer their manufacture.
Technical stocks decline
apple The shares sank more than 6 % in the late trading on Wednesday and led a A wider decrease in technical stocks After announcing the Trump tariff. Apple manufactures most devices in China. NafidiaWhich produces new chips in Taiwan, decreased around 5.7 %. US Treasury Secretary Scott Bessin said on Wednesday that sales in the stock market is due to the sharp withdrawal in the largest technology shares Instead of trade policies at the White House.
Us Stock Dust DRATER
American stock futures decreased in expanded trading on Wednesday After Trump revealed a widespread tariff. As of the time of publication, futures are associated with Dow Jon’s industrial average Loss 1.9 %, S & P 500 futures contracts 2.8 % fell and Nasdaq-100 futures 3.5 % decreased. The shares of multinationals decreased in extended trading. During normal trading early in the day, I closed all the three main indexes above. General Europe The Stoxx 600 0.5 % decreased.
Tesla is disappointed by delivery
Timing On Wednesday I mentioned 336,681 delivery of a vehicle in the first quarter of 2025. This is a 13 % decrease from last year, which is less than 360,000 and 370,000 delivery processes expected by investors, according to Streetaccount. but, The shares of the company increased by 5.3 % On reports that CEO Elon Musk will do Leave its role in the so -called Ministry of Governmental efficiency In the coming months – despite musk credibility This idea.
[PRO] “Worse than the worst scenario”
Dan Eve, the international head of technology research at Wedbush Securities, wrote in a Wednesday note after the White House announcement. Here it is The stocks that Evis will work on For heavy import fees.
Finally …
Guests include Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sondar Pachay and Elon Musk attend the opening of Donald J. Trump, Capitol Rotonda, in the United States, in Washington, DC, on January 20, 2025. Trump took office during his second term as President of the United States of America.
Julia Demari Nikhson Gety pictures
Amazon offers a Tiktok offer with the final date approaching
Amazon She sent an offer to the White House to purchase the Tiktok social media application from its Chinese owners, according to a source familiar with the issue that she requested not to call it because the discussions are secret. The person said that the parties do not deal with the offer seriously, given that it was presented only days before the end of the date of the end of its expiration.
The e -commerce company, which was first reported by the New York Times, comes at a time when the fate of Tijook in the United States is in the air. A short -in -form video app faces another possible closure in the United States on April 5 if it is not possible for the BYTEDANCE to his mother company, reaching a deal to strip the American Tiktok operations.
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2025-04-03 01:13:00