Trump rejects zero tariffs, more threatening China

The meaning of the word “reciprocity” is strained by the Trump administration. The White House not only used a bizarre formula to determine the degree of its “mutual” tariffs in other countries, but also refused to return the service when Vietnam and the European Union offered to remove tariffs for US imports.

The White House Trade Advisor, Peter Navaro, said at Squawk Box CNBC that it is “deception of Nemotifs that matters”, citing examples such as Chinese goods are often exported from Vietnam and theft of intellectual property. This suggests that the Trump administration sees tariffs not only as a means of solving the US trade imbalance (which is no longer a good indicator of economic health), but also a way to fundamentally change the way of conducting global trade and production.

Business leaders, many of which are hoping companies – and make a profit from the modern economic paradigm, begin to express their problems and even bring out displeasure in Trump’s tariffs. Some of them are supporters and donors of the Republican Party. Taking into account the individual understanding of the Trump administration, “reciprocity”, however, it seems to be repayment of their friendly will.

US stocks continue to fall
US markets mostly fell on Monday. A S&P 500 She lost 0.23% and briefly found herself in the bear market – 20% fell from a recent maximum during the trading session. A Dow Jones Industrial Medium It decreased by 0.91%, and 2595 points from low to high, its largest input into Intraday Point if -do not record. But Nasdaq Composite As the investors entered 0.1% Nvidia and Amazon – But Apple again drowned out.

EU leaders are calling to calm down over the market category
Pan -European Stoxx 600 index Monday dropped by 4.5%Disassembling earlier losses more than 6% and closing at a 14-month low. Last week, the Stoxx 600 index entered a loss of 8.4%, marking its worst week in five years. The European Union’s leaders called for calm Compared to a large sale in the markets, saying that regional unity and self -control will be an asset in the fight against tariffs on Trump.

The trade war is increasing when the US is dismissing concessions
Risk Intensive US-China Trading War They grow rapidly after Beijing avenged Trump’s tariff with the emergence of 34% on all US goods, and Trump threatened to apply an additional 50% duty on China. The White House Trading Advisor Peter Navaro said on Monday that an Vietnam’s proposal to eliminate tariffs about US imports “For us nothing means“Trump too rejected the European Union’s proposal of Tariffs “zero for zero” from the US for industrial goods.

Growing dissatisfaction and impatience
A home depot Co -founder Ken Longon, Medodonor to the Republican Party. He named 46% of Trump’s import duties on Vietnam “nonsense” and stated that 34% of the tariff rate in China is “too aggressive, too fast.” Separately Secretary of the Treasury US Scott Igent said he was surprised by “impatience” in the stock market since the announcement of tariffs is because since the tariff Negotiations may go to June.

“Probably in recession”
Business executives sound anxiety about the potential economic fall from Trump. BellAckrock CEO Larry Fink said on Monday that “most executives I talk to, would say we have Probably in recession now. ” Jpmorgan chase CEO Jamie Dimon in his Annual letter of shareholders On Monday, he wrote that tariffs could cause “inflation results” and “slow the growth of” economy “already weakening.

(Pro) await the “sustainable bottom”
Doubleline Capital CEO Jeffrey Gundlakh said on Monday CNBC that he was concerned about the lack of rebound on the market, and will have cash until the S&P 500 is in the “sustainable bottom”. That’s where Gundlak thinks S&P 500 may end Before you start growing again.

Bond gives tank worldwide when investors are covering on the background

Global bond yields, which was given to US tariffs Donald Trump last Wednesday as investors hunt any safe shelter on the stock market.

The yield in the 10-year-old German-Orienzir for the eurozone-Monday decreased from 2.72%to 2.6%, although at the end of the session more up to 2.65%.

Government borrowing costs also collapsed in Asia. According to economists in Deutsche Bank, the 10-year Japanese bond yield on Monday reached a three-month minimum, withdrew from its largest reduction in a weekly decline.

But economists warn that the rally may not be stable if inflation is maintained.