- US futures fell on Sunday night As Wall -Story has advocated the last volley in President Donald Trump’s trade war. A Wall Street Journal Advisers were reportedly considered a 20% global tariff in almost all countries, although mutual tariffs remain an option. This follows from the previous report stating that Trump is looking at more aggressive duties on US economy transformation.
Investors clung to potentially uneven riding as a critical week for markets, and the economy begins, and reports show that President Donald Trump’s trade war could soon become even more intensive.
Chain Futures fell by 170 points, or 0.41%, while S&P 500 futures decreased by 0.77% and Nasdaq Futures sank 1.4%. It follows on Friday, which causes a wide market index to be 2%.
The yield on the 10-year treasury bond decreased by 5.9% of the basic points to 4.196%.
The tariff news was dominated by the weekend, and more escaped ahead. Sunday sources said Wall Street Journal The fact that Trump has pushed his advisers to get more aggressive tariffs, including higher rates on a broader set of countries.
One of the last days under consideration is a global tariff for up to 20%, which gets into almost US trading partners, reviving the idea that Trump sailed along the company’s path.
The 20% rate would improve the ante. Earlier, Fitch Ratings estimated that if Trump has made all his previously announced plans, an effective tariff rate in the US can reach 18% – the highest level in 90 years.
Mutual tariffs where the US is in accordance with duties or trade barriers from other countries, still remain an option in accordance with JournalBut one source that said Trump wants “big and simple” politics.
This suggests that the possible tariff policy will be broader than the “dirty” secretary of the Scott’s Dirty 15% of the countries to set up 15% of the countries that the administration considers the worst trading partners.
The White House did not immediately respond to a comment request.
Exactly the same Washington Post reported on Saturday that Trump is considering the issue The only versatile tariff As part of the efforts on the principled transformation of the US economy.
This means that most imports will face the same rate, regardless of which country they are made, according to the message, adding that Trump is considering a single duty as less likely to water.
On the eve of Wednesday, the intensive discussions that Trump billed into the account of “Liberation Day” are ongoing when his next batch of tariffs is opened.
Trump has already hit the tariffs for China, Canada, Mexico, STEX, aluminum and car, threatening the duties on pharmaceuticals, chips, lumber and the European Union.
Last week hesuggested that he would show some “flexibility” by mutual tariffs and beforeThe reports say they will be more focusedRaising the hopes of Wall -Strito that their influence would be less serious.
But after the stock rallies, itsAn announcement of timingOn Wednesday, they contributed to another sale, which was also fueled by the signs that the tariffs aggravate inflation, as well as the expectations of consumers in the future inflation.
Also on Saturday, Trump stood near his authorshipstory NBC NEWS that they are permanent and what he does, they make car manufacturers go to prices.
“I would like it if they raise prices because people will start buying American cars,” he said. “I couldn’t care. I hope they raise prices because when they do, people will buy American cars. We have a lot.”
Later, Trump said that if foreign cars rise, consumers will buy US cars.
Meanwhile, this week follows some big posts that can show what stress the economy is from tariffs on Trump and steep federal job cuts.
On Tuesday, the Institute of Production Activities for Supply Management will be released, and the Department of Labor will announce the fierce labor discoveries and turnover.
On Wednesday, ADP will release the private sector salaries for March. On Thursday, ISM will publish its monthly service activity index, and the Department of Labor will report weekly requirements without difficulty.
On Friday, the Labor Department will issue its long -awaited report on March jobs, and the chairman of the federal reserve system Jerome Powell is also planned to speak.
Originally this story was presented on Fortune.com
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2025-03-30 23:08:00
Jason Ma
