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Business correspondent, BBC News
ReutersUS President Donald Trump has recently soften its latest comments on the head of China and the US federal reserves as soon as he has followed the economic agenda.
He said Jerome Powell’s “does not intend to shoot” after criticizing the head of the Central Bank, but he said he would be “a little more active” in cutting Powell’s interest rates.
Speaking at the Oval Office on Tuesday, Trump said that the improvement of trade relations with China is optimistic.
According to him, the level of tariffs – or import taxes – the import of imported taxes – “significantly will come down, but not zero.”
The president’s tariffs are making efforts to promote factories and jobs to return to the United States. This is the column of the economic agenda – an incision with interest rates aimed at reducing debt costs for Americans.
Trump increased its ratio to Chinese goods to 145% – compared to the real measures and warnings of economists related to the global influence of a trade war.
In his statements on Tuesday, Trump said that there will be “very nice” in negotiations with Beijing – in the hope of providing a trade deal.
Earlier, the US Treasury Secretary Scott Bessentin said he expects the trade war expressed. The current situation, which meets the comments from China, said that the current situation is “not a joke”.
The Trade War caused turbulence in the financial markets of the world – Powell has also contributed Trump’s comments.
Fed, this year this year, this year, after downloading the percentage point in the end of last year, a position criticized Trumpy.
Last week, the president strengthened his attacks on the head of the president, called him “a great loser.” Comments Shares, bonds and US dollars are sold – Although markets have been restored since these losses.
Director of the National Economic Council Kevin Hassett, Trump’s Powell’s Sack-in on Friday, the Central Bank first led the Central Bank in 2017. Powell was updated by Joe Biden in 2021.
It is unknown whether Trump’s Fed chairs are authorized to fire. No other US president did not try to do so.
The largest Asian shareholders were higher on Wednesday because investors appeared to meet their recent speeches.
Japan’s Nikkei 225 index, about 1.9%, Hang Kong’s Hong Kong in Hong Kong increased by about 2.2%, China’s Shanghai Composite was less than 0.1%.
On Tuesday, the S & P 500 in the S & P 500 in the S & P 500 and the NASDAQ came after gaining the US shares after gaining the growing earnings of 2.7%.
The United States has traded the future futures higher in one night. Futures gives the markets something that shows how financial markets will come out when it is opened for trading.
Investors were afraid that the prices of the decline in the decline in Powel could cause trade fares to rise in a period increase in inflation.
Trade tensions between the world’s largest economy, as well as the tariffs for other countries around the world, caused uncertainty about the global economy. These concerns have caused confusion in financial markets in recent weeks.
Tuesday, Forecast of US economic growth for this year Due to the uncertainty caused by tariffs, the biggest landings were given among the leading economies of the International Monetary Fund (IMF).
The sharp increase in tariffs and uncertainty will lead to a “significant slowdown” in the global growth of the Fund.
Trump has introduced up to 145% tax on imports from China. Other countries are already facing 10% tariffs until July.
Last week, his leadership was added to those who are added to the existing new tariffs, and some Chinese goods can reach 245%.
China was back with 125% of the US products and was on the topic of “fighting until the end.”
The Chinese government has not yet officially responded to the latest statements of the Trump management.
However, the state said that in the global global periods of the state, the commentators of the notes, the United States had harmed the American economy.
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