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Dollar store on April 1, 2024 in Lansing, Michigan, USA
Spencer Plath | Getty Images | Gets the image
The tariffs unleashed – and temporarily, almost whims stopped – US President Donald Trump has given governments around the world headache when they find out how to minimize disruptions in their economy. But the US consumer, in irony, can become a real sacrifice of tariffs.
On the weekend Temu, Chinese electronic bread, known for offering convenient items, hiking prices, citing “import fees”. Analysis of Gabrielle Fonrouge and Annie Palmer CNBC found that these fees could cost more than the items themselves, and eventually double the price of a typical order.
Something worse than increasing prices is that daily necessities are unavailable for purchase. Some American shops could see empty shelves A few weeks later, when the influence of the tariffs on China begins to filter into the economy, reports the APOLLO asset management firm.
It is true that China exports much more in the US than imports from the country because US Treasury Scott Baby – noted. But the consequence of this trading communication is that the US consumer can lose more if China’s export slows down.
Stocks on the world scale register with light lifting
American shares are traded mixed on Monday. A S&P 500 was on marginal 0.06% and Dow Jones Industrial Medium increased by 0.28%. A Nasdaq CompositeHowever, 0.1%slipped. The Asian-Pacific Market is mainly increasing on Tuesday. South Korea Kospi The index added approximately 0.4%. The country’s car reserves have grown on the news that Trump’s administration will be Reduce some import duties for automakers.
European banks won the estimates
Hsbc announced on Tuesday The results of the first quarter that won the expectations. Profit for taxation of the largest lender in Europe increased by almost 317% from the previous quarter to $ 9.48 billion. HSBC has also announced a $ 3 billion shares. HSBC’s Hong Kong stocks increased by 1.7%. The same day German bank Posted more than expected, net income of 1.775 billion euros ($ 2.019) for your first quarter. This figure is 39% higher than the same period a year earlier, and “the best quarterly profit of the bank for fourteen years,” said Deutsche Bank CEO CEO.
The Chinese-American Trade War is still thrown
Chinese Foreign Ministry press secretary Guyukun said at a press conference on Monday what that Beijing does not talk to the US on the tariff dealAnd he does not know about Chinese President Xi Jinping while talking to US President Donald Trump, contrary to what has the last state. Finance Minister Scott Severse Monday said CNBC that “China should be deecalatBecause they sell us five times more than we sell them. “
Tariffs move Temu to hiking prices
Chinese electronic petiole has a temperature started adding “import fees” About 145% in response to Trump tariffs. Tariffs applied to US customers and steel over the weekend after the cost of hiking on Friday may be higher than the cost of the product. “The subjects imported in the US can be excluded for imports,” the topic wrote on his site.
IBM’s investment 150 billion
IBM on Monday announced it will be invest $ 150 billion in the US Over the next five years, including more than $ 30 billion to promote American production of their mainframe and Quantum computers. Separately President Microsoft Brad Smith wrote Monday that the US “can’t afford to fall behind” China in the race to develop and produce a work quantum computer.
Canada’s Liberal Party are forecast to win the election
Canada Prime Minister Mark Karnie It is projected that the Liberal Party will win the national elections of the countryAlthough it is early to determine whether the party will get enough places to form most government, reports Canadian Broadcasting Corporation. This means that Carney will remain the country’s prime minister. The victory of the liberals in the elections is partially related to Trump’s aggressive rhetoric to Canada, which forced the public sentiment of the Conservative Party to immerse themselves.
(PRO) Waiting for profit this week
Here is the most lively sunset – more than 160 components of the S&P 500 are planned to report, including Apple. Meta -platform and Microsoft. Investors will look for recommendations on how tariffs can affect the lower lines of these companies. Look at CNBC Pro the gap of the expected From the key reports this week.
Traders work on the New York Stock Exchange on March 11, 2025.
Spencer Plath | Getty Images | Gets the image
The worst (and best) stocks during the hard first 100 days Trump
Some stocks made a serious swing on the days when Trump returned to the White House.
He put us investors with market plans such as tariffs and reduction in the federal government. The S&P 500 is planned to record your The worst first 100 days of the presidency From the second stay of Richard Nixon in the 1970s.
Under the hood, some names see negative steps. The CNBC showed the S&P 500 to find out which stocks fulfilled the best and the worst as Trump returned to the oval office in January.