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US President Donald Trump appears in the Oval Cabinet, on the day he signs executive orders, at the White House in Washington, Columbia County, March 6, 2025.
Evelyn Hokstein | Reuters
US President Donald Trump has expanded its tariff pause to the goods coming from Canada and Mexico while they fulfill the terms of the US-Mexico agreement, a trade transaction between all countries.
Unlike Trump’s Wednesday, the foam makers who were nurtured by the shares are not relieved this time. All major American landmarks sank, and NASDAQ’s composite lames on the re -election territory and losing its post -election blow.
This may be because the Trump administration seems to double the tariffs, even if it admits – and rejects the consequences of such levies.
Trump has deprived the idea that he was watching the markets, causing frustration with investors engaged in the Bank on Trump to put, the idea that the current president will prevent a steep drop in shares. Meanwhile, the US Treasury Minister Scott Baep waved away from the idea of ”cheap goods” as an “American dream”.
Tariff at pause on some goods
Goods imported in the US from Canada and Mexico, and there are Compatibility with the North American Trade Agreement known as USMCAUS President Donald Trump’s President Trump will be temporarily expelled in both countries, the White House official said on Thursday. According to another official who covers about 38% of Canadian imports and 50% of Mexican. The retribution will last until April 2.
Export growth in China slows down
China’s exports in the period of January -people grew by 2.3% In the US dollars, compared to a year earlier, significantly emphasizing expectations by 5% increase in the Reuters survey. This is also much lower than growth 10.7% in December. Separately, Foreign Minister in China Van YI said the US should not bring “arbitrary tariffs” or with hostility to return the kindness, and he stressed that both countries will be part of the world for a long time “demanding” by demanding “by demanding”peaceful coexistence“
US create a strategic reserve bitcoin
Trump signed an executive order on Thursday, creating Strategic reserve bitcoin. Crypto White House and King David Sachi wrote in a message on x that the reserve will be financed exclusively with bitcoin, confiscated from criminal and civil confiscations. In addition, the order sets US digital assets run by the Ministry of Finance to conduct other confiscated cryptocurrencies. Bitcoin prices fell to news to $ 84,688.13 as investors were disappointed We don’t have plans to purchase currency.
“Don’t even look at the market”: Trump
Asked on Thursday whether the decision was to stop the tariffs for many foods from Canada and Mexico for a month from the stock market, Trump said he has “Don’t even look at the market“He added that in the long run,” the United States will be very strong with what is happening here. “Trump also accused” globalist countries and companies that will not be well “in recent casualties.
US Treasury Minister reject “cheap goods”
US Treasury Minister Scott Babe said on Thursday during a speech at the New York Economics Club that “that”Access to cheap goods This is not the essence of the American dream. “He added that Trump believes that tariffs have three advantages: as a source of income for the government, as a way of protecting industry and workers from unfair practices around the world, and as” a third leg in the stool “as Trump” uses it for negotiations. “
More layoffs than in the pandemic pandemic
US employers announced 172 017 layoffs In February, which is 245% compared to the previous month and the highest monthly calculation since July 2020 during Covid Pandemy, Challenger, Grey Challenger, Grey & Christmas reported on Thursday. More than a third of the total number came from the efforts of billionaire Elon Musk, with Trump’s blessing to reduce the federal amount. Challenger put the total amount of federal job cuts by 62 242.
Markets tired of tariff changes
Main stocks on Thursday collapsed on tariff fatigue. A S&P 500 fell on 1.78% and Dow Jones Industrial Medium lost 0.99%. A Nasdaq Composite Decreased by 2.61% to enter the correctional area, which means that it decreased by 10% of the recent maximum. The technology index also has destroyed all its post -elected income. On Friday, Asia-Pacific Markets Tracki-Street below. The Japanese Nikkei 225 decreased by 2.25%when Japan’s long -term government bonds have grown to the highest level since 2008.
European Central Bank lowers rates
European Central Bank on Thursday reduce interest rates on 25 basic points And he updated the language in his decision to say that the monetary policy becomes “much less restrictive.” The slice brings the ECB deposit, its key rate, up to 2.5% – a step that markets were widely rated. ECB President Christina Lagarde said none of the members of the council opposed the reduction, but one Governor of the Central Bank abstained.
(Pro) scary forms ETF scary samples
The early part of 2025 was not good for semiconductor stocks. Last month, ETF is tracking a sempand company basket, unlike it 38.5% jump in 2024. formed a terrible picture of the chart – The first time this is done in two years – which can signal the big problems forward.
Traders around the world are tracking updates by US President Donald Trump’s trade policy.
Spencer Plath | Gets the image
Global bonds are sold when investors respond to Trump tariffs and German “paradigm shift”
Government borrowing costs have grown worldwide on Thursday. The yield in German government bonds increased on Wednesday, and the profitability on 10-year debt instruments added about 30 basic points. A 10-year Bund outlet, which is considered as a benchmark for a wider eurozone, rose at the beginning of the trading session on Thursday before trend below.
Deutsche Bank research strategists Jim raid said in a note on Thursday morning that a change in German political transfer helped to nourish more appetite for more risky assets in Europe. “Undoubtedly, the prices in the policy-based prices that have led to a huge move to European assets,” he said.