Trump Tariff Delay Stimulates Markets

This is a report from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open provides investors with information on everything they need to know, no matter where they are. Like what you see? You can subscribe here.

President Donald Trump on Tuesday announced the creation of a joint venture — Stargate — with OpenAI, Oracle and Softbank invest, which has pledged to invest $100 billion initially and up to $500 billion over the next four years in artificial intelligence infrastructure in the United States.

Kevin O’Leary says the law prevents him from buying TikTok
Canadian investor Kevin O’Leary is still interested in a deal with TikTok, but this is not possible under current lawhe told CNBC. Trump on Monday delayed the introduction of the law for 75 days it would effectively ban TikTok in the United States, giving it “an opportunity to determine the appropriate course of action.”

Netflix Increases Star Scores, Raises Prices
Shares of Netflix rose sharply following the campaign announced the results of the fourth quarter it beat expected revenue and profit, and surpassed 300 million paid memberships for the quarter. The company will price increases for most plans in the US. It will also raise prices in Canada, Portugal and Argentina.

Markets rise on delay of Trump tariffs
Stocks on Wall Street advanced on Tuesday as investors saw Trump’s comments and first-day actions on international trade as slightly softer than initially expected. On the first day of his return to the Oval Office, the president did not approve the new fees, sending Dow Jones industrial index by more than 500 points, or 1.24%. The S&P 500 gained 0.88%, and Nasdaq Composite grew by 0.64%. Asian markets were more mixed, with Japan and South Korea making gains, but Chinese markets were in negative territory.

(PRO) A stock market that doesn’t make sense
The stock market is once again trading near record highs, but the investment landscape is full of contradictions that are difficult to balance, according to Deutsche Bank macro strategist Henry Allen. He pointed to several parts of the market where investors appear to be betting on more optimistic possible outcomes, despite some evidence that they should be more cautious.

Although he announced that he was “considering” 25% tariffs on Canada and Mexico, as well as 10% tariff on China. For reference, the 47th president threatened global tariffs of 10%-20% and a whopping 60% tariffs on China during the campaign.

Investors seem to have taken Trump’s first day well, on Tuesday, the main benchmarks of the US rise.

“President Trump’s policy announcements on Inauguration Day tariffs were more dovish than expected,” Alec Phillips, chief U.S. political economist at Goldman Sachs, said in a note to clients. “So far it’s a lower priority than we expected.”

China, for its part, tried to dissuade Trump from tariffs Vice Prime Minister Ding Xuexiang said this at the World Economic Forum in Davos that “protectionism leads nowhere. (And) there are no winners in a trade war.”

Ding referred to a speech by Chinese President Xi Jinping in 2017: “Pursuing protectionism is like locking yourself in a dark room. Wind and rain can stay outside, but so can light and air.”

The tariffs could undermine Trump’s argument about a “golden age” for the US last year, Morgan Stanley’s chief economist warned that the tariffs would “significantly” reduce US growth in 2026.

You could say that with Trump, tariffs will potentially sow the wind and reap the whirlwind.

— CNBC’s Alex Haring, Brian Evans, Evelyn Chen and Li Ying Shan contributed to this report.