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US President Donald Trump shakes his hand with Indian Prime Minister Narendra Modi at the White House’s oval office in Washington, Colombia County, February 13, 2025.
Jim Watson | AFP | Gets the image
On the frantic approach to Friday, August 1, the day of the new tariffs of US President Donald Trump came into force (come into force (No longer delay!) – Main trading partners in America such as Japan. European Union And now, South KoreaCome to the agreement with the country. All of them will be subject to 15% of the tariffs for the import of their goods to the US.
But India? Not yet has been a deal but Trump unilaterally imposed 25% tariff provide a favorable deal with America. Worse, the tariff will exist with an additional “punishment”, which, according to the price, which India should pay for its military and energy operations with Russia.
Doing this, Trump’s actions seem to believe that the White House trading policy is not based on the trade balance because Trump likes to raise or even how much he likes it – see it The hobby of the UK’s King Charles And 10% of the country’s tariff rate.
It’s also about who your friends. Essentially, Trump appears to imply that even if you are an influential figure when you hang out with children (invading other countries), you cannot sit with us.
Perhaps Trump may afford to alienate the allies as the US economy is still unexpectedly strong. It In the second quarter increased by 3%Much higher than 2.3% Dow Jones, and magnificent seven income are convenient estimates. Much has been discussed about the decline of American exceptionalism, but the US is still the queen of bees.
The Federal Reserve has interest rates. Federal Open Market Committee voted 9-2 per decision – For the first time since the end of 1993, when several governors threw no votes. Chairman Jerome Powell said the Fed still should see The impact of inflation tariffs.
India will pay 25% of the US export tariffs In addition, Trump said Wednesday that the South Asian country would also be face “punishment” To buy military equipment and energy in Russia. Separately South Korea has reached the transaction from the US that will see it Provided 15% tariff rateTrump announced.
Meta -platforms and Microsoft won profits. The year in the year Meta Revenue grew by 22%while in Microsoft increased by 18%. During the expanded trade, Microsoft Shares jumped over 8%to put the company’s market restriction above $ 4 trillion.
US actions are weighed at the Fed Conference. A S&P 500 fell on Wednesday According to Powell’s comment that the September decision is still in the air. However, Rose futures Later on this day, the state on a comfortable profit from Meta and Microsoft. A Stoxx Europe 600 a closed apartment.
(Pro) Investors aggressively borrow money to buy stocks. It is a Sign of market wealthAccording to Jim Ray, Macro’s head and themed research in Deutsche Bank, who added that this pace was last seen during market bubbles.
FOXCONN HON HAI Technology Group Signment During the Nvidia GPU (GTC) conference in San Khase, California, USA, Thursday, March 20, 2025.
David Paul Morris | Bloomberg | Gets the image
The iPhone Foxconn manufacturer joins
Foxconn Wednesday stated that he takes such a share in Teco Electric & Machinery Co. It looks like to remake your efforts to become a key player in the construction of artificial intelligence data centers.
The Taiwanese firm, officially known as Hon Hai, seeks to repeat the success in consumer electronics in the world II. This is a play that can unlock Foxconn access to potential costs per 1 trillion companies at the data center in the coming years, according to the ControfPoint study.
. Arjun Harpal