Trump administration wants more than 0 % tariff

The meaning of the word “reciprocity” is tense by the Trump administration. The White House not only used a strange formula to determine the degree of “mutual” definitions on other countries, but also refused to restore charity when Vietnam and the European Union offered to remove the customs tariffs on American imports.

White House Trade Adviser Peter Navarro at CNBC said.Squawk box“It is fraud in Vietnam” unimportant fraud “, citing examples such as how to export Chinese goods from Vietnam and theft of intellectual property. This indicates that the Trump administration does not see the customs tariff is only a way to manufacture our global.

Business leaders, and many of the guidance companies that depend on them – have benefited from them – the current economic model, began to express their concerns and even vent their dissatisfaction with Trump’s tariff. Some supporters and donors to the Republican Party. With a special understanding of the Trump administration for “Similar Treatment”, however, it seems unlikely to pay their good faith.

Nasdak rises and declines Asian stocks
US markets mostly fell on Monday. the S & P 500 It lost 0.23 % and was briefly in the bear market – 20 % of its highest level – during the trading session. the Dow Jon’s industrial average It decreased by 0.91 %, swing 2,595 points from low to high, and the largest patching point during the day was ever scored. but Nasdak It increased by 0.1 % as investors bought some huge technical shares – however apple It was pulled again. Asia and Pacific markets rose on TuesdayRecovery from severe losses the day before. Japan Nikki 225 Nearly 6 % and Hong Kong jumped Hang Singh Fahress He added 0.3 %.

China pledged “fighting to the end”
On Monday, US President Donald Trump threatened to slap An additional tariff of 50 % on China – Which would reach total duties on Chinese imports to 104 % – after Beijing took revenge on its own 34 % fees on all American goods. On Tuesday, the Chinese Ministry of Commerce said it “opposes” the additional “Trump tariff” and pledged it.Fighting to the end“According to a statement translated by CNBC.

The White House rejects 0 % tariff deals
However, even if China has made concessions to the United States, the Trump administration may not have died. White House Trade Adviser Peter Navarro said on Monday that Offer from Vietnam to eliminate definitions We have imports “It does not mean anything to us Because it is not important. “Trump also He refused to offer the European Union to “Zero vs zero” definitions With the United States for industrial goods.

Increasing fears and dissatisfaction
Stimulating business leaders highlight the possible repercussions of the Trump tariff. Blackrock CEO Larry Fink said on Monday that most of the CEOs I am talking to will say we are. Maybe in the recession now” Jpmorgan Chase CEO Jimmy Damon, in him Annual shareholders ’speech He wrote on Monday that the customs tariff is likely to cause “inflationary results” and “will slow down growth” from the “already weak” economy. and Home Depot Participating founder Ken Langoni, a huge party for the Republican Party, called for 46 % import duties in Vietnam.Bulls —“

(Professional) awaiting “the ongoing bottom”
The CEO of CNBC said on Monday that he is concerned about the lack of apostasy in the market, and he will keep the cash until the S&P 500 reaches “ongoing bottom”. Here where Gundlach believes S&P may end 500 Before starting to rise again.

European and Asian defense shares have risen this year. The lack of confidence in the United States can lead these gains

While stocks were generally sold after US President Donald Trump announced his plan for “mutual tariff”, European and Asian weapons manufacturers are still publishing respected gains on a general basis, with some 100 % increase.

The veteran and strategic investor told Quantum Strategy David Roche Cnbc that the rise in defense shares outside the United States is due to the low confidence of the United States as an ally.

After the Trump administration rocked the long global alliances, the two countries poured money in their defense budgets, sending defense shares up. In Germany, legislators acknowledged a historic debt reform, paving the way for a great defense boasting. UK Prime Minister Kiir Starmer also pledged to raise Britain’s national spending on defense.