Trump rejects zero tariffs, threatens more on China

US President Donald Trump speaks during a meeting with Israeli Prime Minister Benjamin Netanyahu (uncomfortable) at the White House in Washington, the United States, April 7, 2025.
Kevin Maad Reuters
The meaning of the word “reciprocity” is tense by the Trump administration. The White House not only used a strange formula to determine the degree of “mutual” definitions on other countries, but also refused to restore charity when Vietnam and the European Union offered to remove the customs tariffs on American imports.
White House Trade Adviser Peter Navarro at the “Squawk Box box” from CNBC said it was “Nontarif” that matters to Vietnam, citing examples such as how to export Chinese goods from Vietnam and theft of intellectual property. This indicates that the Trump administration sees the customs tariff not only as a way to address American trade imbalance (which, in itself, is not a good indication of economic health), but also a way to change the global trade and manufacturing method mainly.
Business leaders, and many of the guidance companies that depend on them – have benefited from them – the current economic model, began to express their concerns and even vent their dissatisfaction with Trump’s tariff. Some supporters and donors to the Republican Party. With a special understanding of the Trump administration for “Similar Treatment”, however, it seems unlikely to pay their good faith.
What you need to know today
American stocks continue to decline
US markets mostly fell on Monday. the S & P 500 It lost 0.23 % and was briefly in the bear market – 20 % of its highest level – during the trading session. the Dow Jon’s industrial average It decreased by 0.91 %, swing 2,595 points from low to high, and the largest patching point during the day was ever scored. but Nasdak It increased by 0.1 % as investors intervened to buy some huge technical stocks such as Nafidia and Amazon – but apple I got Bludgeone again.
European Union leaders urge calm to defeat the market
General Europe Stoxx 600 index Monday 4.5 % decreasedPeel the previous losses of more than 6 % and close at the lowest level in 14 months. Last week, the Stoxx 600 recorded a 8.4 % loss, which represents its worst week in five years. Urging European Union leaders calm During the heavy sales process on the market, he said that the regional unit and a quarter will be an advantage in dealing with the Trump tariff.
The risk of trade war is increasing, as the United States rejects concessions
Risk A severe trade war Rising quickly after Beijing took revenge on Trump’s tariff with fees by 34 % on all American goods, and Trump threatened to formulate an additional duty by 50 % on China. White House Trade Adviser Peter Navarro said on Monday that Offer from Vietnam to eliminate definitions We have imports “It does not mean anything to us“Trump also He refused to offer the European Union to “Zero vs zero” definitions With the United States for industrial goods.
Increased dissatisfaction and impatience
Home Depot Participating founder Kane Langon, a shrimp by the Republican Partyand Trump’s 46 % duties called on Vietnam “nonsense” and said that the 34 % tariff rate in China was “very aggressive, very soon.” Separately, US Treasury Secretary Scott Payett said he was surprised by “running out of patience” in the stock market since the tariff was announced due to the tariff for the tariff Negotiations can go to June.
Perhaps in the recession “
Business leaders make a warning of possible economic repercussions from the Trump tariff. BL“Most of the executives I am talking to say we are. Maybe in the recession now” Jpmorgan Chase CEO Jimmy Damon, in him Annual shareholders ’speech He wrote on Monday that the customs tariff is likely to cause “inflationary results” and “will slow down growth” from the “already weak” economy.
[PRO] Waiting for “the ongoing bottom”
The CEO of CNBC said on Monday that he is concerned about the lack of apostasy in the market, and he will keep the cash until the S&P 500 reaches “ongoing bottom”. Here where Gundlach believes S&P may end 500 Before starting to rise again.
Finally …
A trader on the New York Stock Exchange (NYSE) works in New York City, on April 4, 2025.
Timothy a. Clary AFP | Gety pictures
Tank revenue bonds around the world with investors investing in stock leakage
Global bonds were exaggerated following the announcement of Donald Trump’s tariff in the United States last Wednesday, where investors are looking for any safe havens amid the sale of the stock market.
The return on Bond Germany decreased for 10 years-the standard for the euro-2.72 % on Wednesday to less than 2.6 % on Monday afternoon, although it was placed higher to 2.65 % at the end of the session.
Government borrowing costs in Asia also declined. He has achieved the bond returns in Japan for 10 years on Monday, its lowest level in three months, as the largest weekly decrease since 1998, according to the economists in Deutsche Bank.
But economists warn that the assembly may not be sustainable if inflation continues.
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2025-04-08 01:19:00