Trump walks back #Tariffs after #Tesla boycott and $5 Trillion in Q1 losses.
#tariff
US markets will attempt to rally on Monday and break a multi-month #bloodbath #redwave. Algorithm trading expected to dominate #volume.
"While Trump’s tariffs will still ramp up the cost of importing in the U.S., their limitation to the so-called “dirty 15” is expected to dampen their overall economic disruption."
#investing
#premarket
#capitulation
#CNBC
https://www.investing.com/news/economy-news/trump-tariffs-to-be-narrower-in-scope-than-feared-reports-3943444
#tariff
US markets will attempt to rally on Monday and break a multi-month #bloodbath #redwave. Algorithm trading expected to dominate #volume.
"While Trump’s tariffs will still ramp up the cost of importing in the U.S., their limitation to the so-called “dirty 15” is expected to dampen their overall economic disruption."
#investing
#premarket
#capitulation
#CNBC
https://www.investing.com/news/economy-news/trump-tariffs-to-be-narrower-in-scope-than-feared-reports-3943444
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RememberUsAlways hat dies geteilt
Doreen32128 •
RememberUsAlways •
OtownKim •
Doreen32128 •
Havyhh2 •
RememberUsAlways •
LanguageMan1 •
Tarrifs are a tool and too many countries have used them against us. It takes time to set up new or additional businesses here or anywhere. Too many problems ahead and too many are too greedy or too power hungry everywhere to work together. The few that do or would don't want to be in power. Kinda like the PayPal mafia and others or myself and my friends or you and whoever you can work together with to get things done.
RememberUsAlways •
"The official added that the White House was still planning to unveil reciprocal tariff measures on that day, although planning remains fluid."
https://www.theglobeandmail.com/business/international-business/us-business/article-trump-administration-reportedly-planning-to-exclude-sector-specific/
Trump administration reportedly planning to exclude sector-specific tariffs on April 2
Reuters (The Globe and Mail)