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White House Council Economic Consultants Council Stephen Miran, Tariffs ‘Varney & Co.’ explains that there is no spike caused by inflation on the subject
As President Donald Trump Trade War Ramkor Ramps, Wall Street remains, mainly in the fades, looks more political than political policy with investors.
So far, this week, Trump, US Trumps sent letters to 20 countries that threaten new tariff rates and pressure on global leaders trade Negotiations – A sign of the economic agenda during the first management – we recently met with a loud voice from Wall Street.
A split of trade relations of Trump’s latest tariff tariff
S & P 500, mainly the technological giants of Nvidia, Microsoft and alphabet. Meanwhile, Dow Jones Industry Medium The S & P 500 and Nasdaq composition increased by 0.5% and 0.8%, 0.5% and 0.8%.
New York, New York, in New York, in the opening call in 2025, a New York Exchange (NYSE) hangs in place. (Through Angela Weiss / AFP / Getty Images)
At the beginning of the week, Trump, after the last date of August 4, a truth “no extension will be given” in the country said in a public writing. Ing analysts were not convincing that the president will comply with the new target history.
“Although the letters of Donald Trump offered a taxi-proposed proposal, the reality will effectively extend the last date of tariff to July 9,” said analysts. Note, Trump’ın allegedly “90 Deals” purpose “90 days” described as “surprisingly, unrealistic.”
Be betting against merchants as Trump’s economic policy
UBS Global Wealth Management Chief Economist Paul Donovan called Trump’s social media trading updates “wasted effort.”
“When investors are waiting for future retreat, each Trump has wasted effort to analyze the social media post,” Donovan research notes. “Today, the United States is expected to announce more consumer taxes today. The minutes of the latest federal reserve meeting are likely to express a collective shrink of shoulders.”
Trump announces higher tariff rates for more countries in social media letters
Clothing workers, on December 17, 2021, in Cambodia, Phnom Penh prepares clothes in a factory. (Through Wu Changwei / Xinhua / Getty Images)
Golden man sachs Similar feelings, “We do not expect that these proposed prices will usually come into force on August 4”
The majority of new tariffs reflect the rates offered in April; Laos and Burma will approach 40% to the highest peak. Meanwhile, 36% of goods in Cambodia and Thailand will face some lower prices. In addition, 25% tariff increase in Brunei, Japan, Kazakhstan, Malaysia, Moldova, South Korea and Tunisia.
Philippines has taken the lowest to the present tariff the price of 20%.
