Los American share markets They closed on Wednesday liftingbut away from his uncomprinisable, despite the fact that the president Donald TrumpPromised to “substantially” reduce rates in ChinaWhile indicating his intention to greet the president of the Federal Reserve (Fed), Jerome Powell. The S&P 500 increased by 3.6% before going abruptly and finished 1.67% upwards, even if recording a second consecutive increase.
Wednesday, the “Wall Street Journal” reported that the Trump administration is taking into consideration the reduction of rates in China to a fork of Between 50% and 65%. It is possible to adopt a staggered approach, with taxes of 35% on the goods considered non -critical for national safety, while maintaining rates of at least 100% on essential Chinese imports. Although these figures represent a strong reduction compared to the current 145%, The proposed commercial barriers are still significant.
However, the Treasury Secretary, Scott Bestent, told the press that there was no unilateral offer to the lowest rates in China and added that the administration was studying measures beyond the rates. In his speech at the Washington International Finance Institute, Bestent said there was “the opportunity to reach a great agreement“In commercial issues Between the United States and China.
Bestent has argued that China should “graduate” the country’s development status, declaring: “There is no justification to continue lending money … Treating China – the second economy of the world – as” country in development “is absurd”. In addition, the “Financial Times” reported that the Trump administration is taking into consideration the reduction of the rates to Chinese cars. However, Trump denied such a proposal and suggested that it could increase imports to import the members of the vehicles Canadian.
At the beginning of this month, the President of the United States imposed a 25% rate on all cars imports, granting an exemption for a month for the pieces of the vehicle under the virtue of the Treaty between Mexico, the United States and Canada (T-mec). “While these latter events have obviously have implications in the short term, everything speaks once again of the Inconsistent and volatile nature With whom politics has still been made, “Michael Brown, Senior researcher by Perpperstone London, wrote in a note.
Various reactions
At 6:00 CEST, the Futures of US Actions They went down during the Asian session this Thursday, while Uncertainty continued to increase. The Dow Jones index lost 0.28%, S&P 500 0.14%and Nasdaq composite 0.22%. THE Investors Are maintained cautious in the middle of political and economic uncertainty Pushed by Trump’s irregular and unpredictable tariff plans.
Los Asian markets They were mixed. The Hong Kong Hang Seng index dropped by 1.23%, Japan’s Nikkei 225 increased by 0.58%, southern Korea Kospi gave 0.33%, while Australia ASX 200 increased by 0.66%.
On the contrary, the future of the European share markets have slightly fallen, indicating a flat opening throughout the continent. In particular, European markets have continued to overcome their American counterparts, supported by A More stable macroeconomic environment. The German Dax increased by 3.14%, returning to a maximum of one month, while the Euro Stoxx 600 increased by 1.8% Wednesday.
The euro goes back
The euro has weakened by the force against the dollar in Last two sessions of the stock market. The green ticket was strengthened after the apparent changes of Trump’s voice on both China and China Information about the President of the Federal Reserve, Jerome PowellAlthough the bounce of the dollar could be inconsistent. The Eur/USD couple decreased by just over 1.13 in the first operations on Thursday, below the maximum of over three years of 1,1566 reached Monday.
The golden rebounds
The price of Gold He quickly bounced after two days of falls, reflecting the prevailing uncertainty on the market. At 5:55 CEST, cash in cash increased by 1.2% to $ 3,329 the ounce during the Asian session, recovering most of the Wednesday leaks. Gold Futures increased by 1.3%, up to $ 3,338.
