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304 North Cardinal St.
Dorchester Center, MA 02124
April 1, 2024 in Lansing, Michigan, Michigan, USA, Dollar Store Store
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.
European shares are superior to us
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. In Europe, Stoxx 600 The index added 0.53%. UK FTSE 100 for it increased by 0.02% 11th day in a row profit And his best run since the end of 2019. Early Shares popped up 16.5% after the company announced the absorption of the proposal Dooordash.
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.
Amazon launches competitor Starlink
Amazon on Monday launched the first batch of their Internet sides Kuiper into space after A previous attempt was cleaned out of the bad weather. Six years ago, Amazon introduced its plans to build a constellation of satellites that are conducted on low orbit, called Project Kuiper. Service will compete directly With Starlink Elon Musk, which is currently dominated by the market and has 8,000 satellites in orbit.
(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.