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- The so-called Taco Trade will be tested Market President Donald Trump responded to a doubling of steel tariffs on Friday to double up to 50%. Meanwhile, management officials, Trump and President Xi Jinpinpi called on the votes in US-China trade talks.
Shares managed the fears of commercial war by a slightly lower low lower low in low, a slightly lower low down on Friday after Donald Trump.
So-called Taco Trade Markets will be tested to have Trump’s trump will be truly the last threat or to work soon.
Dow Jones, the industry decreased by an average of 65 points or 0.15%. S & P 500 futures slipped 0.18%, while Nasdaq futures decreased by 0.23%.
The productivity of the 10-year treasury reduced 2 to 4.398%. The dollar fell by 0.05% against the euro, again 0.12%.
Gold rose from 0.24% to $ 3296.90 for an ounce. US oil prices rose from 2.2% to $ 62.12 and in spite of the barrel OPEC + agreed to another increase in supply.
Friday night, Trump said he wants Visit Steel Tariffs From 25% to 50%, the weekend requires a threat of revenge from the European Union.
Steel task announcement, after a few days after the US Trade Court, the legal basis of Trump’s interaction tariffs came a few days later. However, its tariffs in certain areas, including steel, aluminum and autos, are relaxing in a separate manner based on national security.
Meanwhile, management officials, Trump and President Xi Jinpinpi called on the votes in US-China trade talks.
When this allegedly alleged Trump, Beijing, in the Geneva last month, but also reduced the high levels of tariffs at high levels. China has agreed to reopen his speech into rare places, but he said the United States Slowly with the pact.
Sunday Treasury Secretary Scott Bessent was searched reduce rhetoricalCBS’s saying Face the face of the nation The two heads of state were able to get easier for Logjama.
“I am confident that President Trump and Party Chairman XI have a call for this ironing,” he said.
When asked about a schedule for a call, Bessent replied: “I believe we will see something soon.”
Meanwhile, the bachelelians waiting for more clues on how much tariffs affect the economy on the economy are aimed at great weekly economic information and comment.
On Monday, the production index of the Institute of Supply Management will come out. On Tuesday, the Labor Department will report workplaces and labor turnover. The ADP publishes private salary information on Wednesday. On Thursday, the Labor Department will release weekly unemployed claims in the monthly business report on Friday.
Several federal reserve officials will speak throughout the week. On Monday, Jerome Powell will speak at the Fed Conference in Washington, and the Fed will also publish Beige Wednesday.
This story was first displayed Fortune.com
