Shares break in the tariff, uncertainty continues

US President Donald Trump has hit a break button on heavy “mutual” tariffs and changed them from a universal 10% rate for 90 days. Shares hit historical numbers higher in news. Treasury Secretary Scott Bessent, said that it was “all along”.

The evidence can be so with Trump tariffs. The President announced his plan a few hours ago, he write In fact, social, “Be cool! Everything intends to work well” addition“It’s a great time to get !!!” These comments show that pause is really cooked.

It is another issue whether the plan is good. Investors should not sweep themselves by euphoria flood in markets on Wednesday. Remember, Trump allowed you to take a 90-day break to allow transactions to be done. 10% Tariff is not a regular rate. Relief rallies are most common in the 2000s during the DOT-COM BUBBLE or 2008 financial crisis during a long-term decline.

While negotiations, uncertainty – markets are still the name of the game.

Trump downs the tariffs to 10% in 90 days
US President Donald Trump cut off new tariff rates Import from most US trading partners to 10% over 90 days to allow negotiations with those countries. Trump announced a break after wednesday, about 90 nation goods Reciprocal tariffs. Treasury Secretary Scott Bessent informed journalists that withdrawal of tariffs was Trump’s strategy “neck“But Trump removed tariffs from China to 95% after Beijing from China on Wednesday Increase US imports to 84% From 34% starting from April 10.

Mass and historical stock exchange
US shares Wednesday He squeezed markets as a relief rally. This S & P 500 Increased by 9.52% for the largest day earnings since 2008 The third largest jump In the history of Post-WWII. This Dow Jones Industry Medium 7.87% opened the largest advantage since March 2020. The one Nasdaq composite Since January 2001, he has earned the greatest daily earnings and the largest day of day since the second best day. About 30 billion shares, 18 years returned, according to notes, the Wall Street in the history made the most severe volume on the day.

Just a dead cat bounced?
It can be too early to make market earnings happy. Nasdaq composition The second best day, only 14.17% jump in January 2001, it was in the middle of the Dot-C crash. In October 2008, the NASDAQ in the financial crisis has been the best five days. Call him Dead cat bouncea relief rally or a short cover. A familiar reaction in the worst periods for Wall Street wrote CNBC’s Ari Levy.

The European Union prepares opposite instructions
Voted to confirm the first set of European Union on Wednesday Revenge measures to reflect 25% of tariffs – those who are separate from the so-called words of the United States Steel and aluminum. The European Commission of the Bloc executive branch, before the announcement of the Trump, the first tranche on US imports will begin on May 15. European Regional Stoxx 600 Fell 3.5% on WednesdayCloses with markets before the new tariff development.

(Pro) Goldman, then cuts the strangers of the cut, decay
Less than one hour from Trump’s tariff break, Golden man sachs The United States has increased the prediction of a recession and forecasts the country’s economy to reduce this year, and then the bank canceled it almost immediately. What is this Goldman Senior Economist Jean Hatzius says About the U.S. trade policy updates.

Trump’s tariff plan is thrown into the efforts of harmful companies to diversify China

Many companies have reduced the government’s trust in China since the first period of President Donald Trump. One of them is Steve Greenspon, General Director of the Illinois-based pets company Honey-Can-do International, which began production of more than Vietnam.

Then the latest “mutual” tariffs of Trump came together. “This is wrapped in our company. It is disappointed. I’m sad. It’s nervous,” said Greenspon.

“As a company located in the United States, this is incredibly frustrated that our government has made it to us,” and the lack of production, high labor costs and the necessary infrastructure.