More tariff letters but investors focus on AI

Only this morning Singapore Time President Donald Trump – Note what is 50% tariff on copper imports which It announced earlier on TuesdayIt will start on August 1.

On Wednesday, Trump posted freshly slate tariff letters on goods from at least seven other countries, including Mexico, No. 1 importer of goods to the USAPhilippines, Brunei and Sri Lanka.

But the president took a few steps further with Brazil threatening 50% tariff for the country. This is partly in response to the current lawsuit over its vocal ally Jiri Balsanar over the role of former Brazil president in allegedly a coup To overcome the loss of re -election in 2022.

The 50% tariff for Brazil notes the highest level of responsibilities that the White House imposed on its trading partners in the recent round of new leishers, which should begin on August 1.

But it seems that investors decided to approach Trump’s tariffs without answering at all. They seem to have moved their attention from tariff events and instead resumed appetite for artificial intelligence.

On Wednesday, the traders increased NVIDIA shares, causing the company to become the world’s first market capitalization at $ 4 trillion. Other basic technological names have also grown, including meta -platforms, Microsoft and Alphabet.

New tariff developments. Trump revealed updated tariff rates On the Philippines, Brunei, Moldova, Algeria, Iraq, Libya and Sri Lanka, through screenshots on truth. 50% duty on copper imports is set in A blow on August 1.

American shares are growing like an investor appetite for AI. On Wednesday, all three major American landmarks were. A Nasdaq Composite Extended 0.94%to close on a new maximum of 20 611.34. A Stoxx Europe 600 rose by 0.78%.

China Starbucks cites up to $ 10 billion. About 30 domestic and foreign private capital firms in China have submitted insurmountable offers on the Chinese Coffee Network, Sources familiar with the transaction reported CNBC.

Most Fed officials see a decrease in rates, but they are divided into how much. Officials saw pressure on inflation caused by the tariff as potentially “temporary and modest” Released on Wednesday.

(Pro) AI still reigns over the market. On Wednesday, the Nvidia Nvidia Market Country was briefly $ 4 trillion, the first company that, if, did it. Being the most valuable company in the world is not a sign of constant advantage. But Wall -Rate sees greater potential in Nvidia.

Hidden craving for China’s economy

Decrease in real estate prices – elephants in the room when it comes to China’s economy. Even when the authorities tried to resolve the financial risks, the real estate market is far from rebound.

The impact of reducing property continues to weigh on the moods of consumers and real estate industries. This is the perfect storm of events weighing China’s economy, even without a trade war.

– Evelyn Chen