Trump administration wants more than 0% tariffs

The meaning of the word “reciprocity” is strained by the Trump administration. The White House not only used a bizarre formula to determine the degree of its “mutual” tariffs in other countries, but also refused to return the service when Vietnam and the European Union offered to remove tariffs for US imports.

White House Trade Advisor Peter Navaro said at CNBC “Box for Squawk“This is the meaning of” deception in Vietnam “, citing examples such as Chinese goods are often exported from Vietnam and theft of intellectual property. Trade and production.

Business leaders, many of which are hoping companies – and make a profit from the modern economic paradigm, begin to express their problems and even bring out displeasure in Trump’s tariffs. Some of them are supporters and donors of the Republican Party. Taking into account the individual understanding of the Trump administration, “reciprocity”, however, it seems to be repayment of their friendly will.

Nasdaq rises and Asian shares bounce
US markets mostly fell on Monday. A S&P 500 She lost 0.23% and briefly found herself in the bear market – 20% fell from a recent maximum during the trading session. A Dow Jones Industrial Medium It decreased by 0.91%, and 2595 points from low to high, its largest input into Intraday Point if -do not record. But Nasdaq Composite Board by 0.1%when investors bought some Megacap Tech stock – but Apple was again drowned out. Asian-Pacific markets rose on Tuesdaybounced off the great losses the day before. Japan Nikkei 225 jumped almost 6%and Hong Kong Hang the Index Added 0.3%.

China promises to “fight the end”
US President Donald Trump on Monday threatened to hit An additional 50% tariffs on China – What will lead to common duties on Chinese imports up to 104% – after Beijing has avenged himself compassion of 34% on all American goods. On Tuesday, the Chinese Trade Ministry said it “strongly opposed” Trump’s additional tariffs and promised “Fight to the end“According to a statement translated by CNBC.

White House reject 0% tariff transactions
Given this, even if China offered concessions to the US, the Trump administration may not have started. The White House Trading Advisor Peter Navaro said on Monday that an Vietnam’s proposal to eliminate tariffs about US imports “For us nothing means Because it matters, it is also cheating with the uninarbable. “Trump too rejected the European Union’s proposal of Tariffs “zero for zero” from the US for industrial goods.

Grows fears and dissatisfaction
Business executives sound anxiety about potential fares on Trump. Black CEO Larry Fink said on Monday that “most executives I talk to, would say we have Probably in recession now. ” Jpmorgan chase CEO Jamie Dimon in his Annual letter of shareholders On Monday, he wrote that tariffs could cause “inflation results” and “slow the growth of” economy “already weakening. And A home depot Co -founder Ken Longon, Megadonor to the Republican Party, named 46% of import duties in Vietnam “Bulls —. “

(Pro) await the “sustainable bottom”
Doubleline Capital CEO Jeffrey Gundlakh said on Monday CNBC that he was concerned about the lack of rebound on the market, and will have cash until the S&P 500 is in the “sustainable bottom”. That’s where Gundlak thinks S&P 500 may end Before you start growing again.

European and Asian defense united this year. Lack of trust in the US can cause these profits

While shares are usually sold after US President Donald Trump has announced his plan for “mutual tariffs”, European and Asian weapons manufacturers still send respectable income from year to year, and some increase more than 100%.

A veterans’ investor and quantum strategy strategy, David Rosh, said CNBC that the growth of protection outside the United States is due to a decrease in US confidence as an ally.

After the Trump administration administration for a long time, which has long been treated by the world alliances, the countries have poured money into their defense budgets, sending the defense shares above. In Germany, legislators have undergone historical debt reform, paving the way to a huge inequality in defense. UK Prime Minister Kire Starmer also pledged to go to the UK national expenses.