The markets jumped while Trump stopped the customs tariff
A few hours after President Trump imposed a sharp tariff on dozens of trade partners in America, It has reflected the path. The President announced yesterday afternoon that all the so -called mutual definitions will be stopped for a period of 90 days, and that he may consider exempting some American companies from the definitions.
Almost every commercial partner in the United States faces a 10 percent blanket tariff, in addition to 25 percent of the customs tariffs on cars, steel and aluminum – but China, That is sharply retaliatingIt will have a 125 percent higher tariff, an increase of 104 % proposal yesterday. None of the parties want to appear weak by decline, but the collapse of their commercial relations It can have profound consequences.
The marketing markets rose quickly. S & P 500 Today ended 9.5 percentThe biggest daily increase since 2008. The definitions, which Trump raised to the highest level in a century, caused economists to stagnate the risk of recession. Markets in Asia He rose in countries That spared.
White House officials repeatedly tried to indicate that the change in politics was a deliberate strategy that was developed to secure favorable deals. But Trump himself admitted that his decision was made in response to market turmoil, Especially in the bond market. ((Go inside his decision))
Quote: “Trump is obsessed with definitions, but he is also obsessed with the practice of deals,” said Lee Stephen Erlanger, who covers trade and diplomacy at the Times. “No one can fully decide whether to actually try to reshape the entire global trading system, which he said in some days, or whether he wants all these countries to crawl on their knees to make a better deal, which he said in other days.”
More about the trade war
Between 9000 and 10,000 Islamic State fighters are held in northeastern Syria. The recent American intelligence evaluation concluded that the Islamic State will try to exploit the end of the Assad government to liberate the prisoners, revive its ability to conspire and carry out attacks.
Israel News:
In a war -made world, a severe ritual and weather, more American weapons owners are preparing for the crisis – whether it is fighting tyranny or responding to a natural disaster.
The training followed by members of the peripheral “Prepper” culture is increasing more. Weapons are learning Radio skills, shooting night vision, drone and military tactics.
Long live souls: Kazavier Le Peteon, the French geophysic scientist who helped revolutionize how scientists understand the Earth’s crust movements, He died last month in 87.
Is Yokosance recently here?
A new biography and movie on Yoko Ono provides more opportunities to assess its contributions to culture. John Paris and Lindsay Zolads, the popup critics of the New York Times, discussed whether they deserve their topic, and why ono continued to disintegrate the Beatles is very widespread. Read what they said.
Recommendations
https://static01.nyt.com/images/2025/04/10/multimedia/10ambriefing-europe-trump-pzjq-copy/10ambriefing-asia-trump-pzjq-facebookJumbo-v2.jpg
Source link