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- S & P £ 500, upwards on Friday Despite the consumer feeling and a descent comments from President Donald Trump in May, his leadership will apply new tariffs to some trade partners.
Stock prices approached the February on Friday – the thought of consumption has always approached those who fall down. S & P 500, about 6000, a number of days taken soon after the President Donald Trump, made a total of 0.7% and a total of 2.6%. Meanwhile, Half Daily savings placed 0.5% and Dow Jones jumped 0.78%.
Friday gains, according to the new data from the University of Maykigan, from 52.2 to 50.8 consumption in April 52.2 to 50.8. This is the secondary history of more than five in the survey, only the second largest in June 2022. Monthly results show how US consumers are in the economy, as well as their financial situations.
See this interactive chart on Fortune.com
Meanwhile, Markets were determined by Trump’s latest flight In tariffs during the Middle East Tour. He said that on Friday, the points of the countries will apply tax rates to the goods to the goods, because “it was impossible to meet the number of people who want to see us.”
Added that Treasury Secretary Scott Bessent and Trading Secretary Howard Lutnick will start sending a letter to the United States trading partners who reported them to do business in the United States.
On Friday, a ribaund of a weekend in the markets, the US and China closed by an announcement by an announcement on Monday to temporarily reduce the reciprocal tariffs.
In early April, Trump protected the heaviest for the export of countries, but the people of the People’s Republic. His leadership, the states built 145% tax on Chinese exports. China soon retaliated the American goods with a 125% tariff.
As the markets of trade war, shares and bonds are vibrating, the dams are tremors because they are concerned that Trump tariffs will seriously damage the world economy.
In response, the President postponed the spread of most aggressive tariffs for the US trade partners, except China. But on Monday, in the markets sought After Bessent gossip The United States and China agreed with the 90-day break, which resulted in American tariffs in connection with 30% of China’s exports, and tax export to US exports to 10%. The two sides held talks in Geneva, Switzerland, the weekend.
This story was first displayed Fortune.com
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