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Quickly Musk Claps Navari, 104% tariffs on China soon live

On Wednesday, December 6, 2023, in Shanghai, China, containers and cranes categories outside the fishing boat near the Yanshans port in Shanghai, China, December 6.

Bloomberg | Bloomberg | Gets the image

In just a few hours, Trump tariffs will start – which includes a horrible 104% duty on Chinese imports.

Despite the growing embarrassment and concern expressed by economists and executives, the Trump administration officials were stubborn in defending their trade policy. Treasury Secretary Scott Baby said on Tuesday CNBC that about 70 countries wanted to discuss deals with the White House, while the trade advisor Peter Navaro said on Friday that the tariffs were not discussed. (Is the discussion of transactions – this is a form of negotiations obviously controversial.)

But at least one Trump frame does not seem too happy with the tariffs. Elon Musk, without addressing the White House trade policy, called Navarre – the main trade advisor of the administration – “moron” and “dangerous”. Musk is actually the leader of Deo Doge, a key role in the Trump administration. It is also a TESLA CEO, a multinational company.

However, given how strong White House officials stand for tariffs, it does not seem that the public hostility from Navarre will interfere with the wound on the world trade.

What do you need to know today

Tariffs are ready to start
American Customs and Border Protection will Start by performing new tariffs of President Donald TrumpApril 9, 2025 at 12:01 EDT Agency, Agency said in a statement. This includes 104% of Chinese import duty that Trump submitted after China avenged his own tariff, the White House official confirmed CNBC. Treasury Secretary Scott Sevents said China’s response on Tuesday “was a big mistake“And” lost hand “.

Early stock in the US markets stands out
American shares fell on TuesdayGiving up the income from the rally earlier than the day. A Dow Jones Industrial Medium It lost 0.84%, although it increased by 3.9%during the day. A S&P 500 decreased by 1.57%and Nasdaq Composite It fell by 2.15% – the first lost more than 12% and the second decreased by 13% in the last four trade classes. Regional Europe Stoxx 600 Index added 2.72%, increases insurance reserves, which increased by 4.08%.

Microsoft again the most valuable company
Apple’s Over the last four days on Tuesday, 5% decreases on Tuesday, which gives a company based in Cupertino, a market cap of 2.59 trillion. Dollars. It means MicrosoftWhich costs 2.64 trillion. Dollars, again The most valuable public company in the world. Apple becomes the most violent among Megacap companies Tech because of China’s dependence – and Making iPhones in the USA According to the analyst, this is not a “thing”.

Mus
Tesla CEO Elon Musk on Tuesday exploded Best Trump Advisor on Trade Peter Navaro as’ Really Debil“Musk replied to Navarre’s comment that Tesla is rather a” car collector “than a car manufacturer. When asked about hostility, White House press -secretary Carolyn said:” The boys will be boys, and we will allow them to continue public sparring. “

(Pro) stocks in favor of trading transactions
US Treasury Secretary Scott Bavert said that about 70 countries have applied to the White House to Discuss the tariff offers. Some of these countries may first come to an agreement that may lift Stocks of companies having close business affairs in these places.

And finally …

In recent weeks, the airline has been postponed with a perfect storm of problems: from lack of work and disruption to supply to fuel prices.

Images Sopa | LightRockket | Gets the image

Emirate President Tim Clark warns of “uncharted territory” when the tariffs got into the world aviation

“We are now in problematic times,” Emirates President Tim Clark said in an interview recorded on March 20 – on the eve of Washington’s announcement about the latest world fees.

“This is clumsy because it provides for the measure of resetting to the level of which the global economy probably did not see after the financial crisis of 2008-2009,” Clark said, pointing to the growth of pressure on carriers and the effect of pulsation across the aviation supply chain.

The Emirate boss suggested that Trump’s administration motivate, processing the escalation of trade as a deliberate “trade reset” aimed at restructuring global trade – although he warned that he could unleash “problem waters” in time.

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