As Trump ups the ante on trade, Wall Street keeps its cool

While president Donald Trump collects the rhetoric of the trade war, Wall Street is still very disturbed, as investors view his political situation more than the actual policy.

To date this week, Trump has sent messages to 20 countries that threaten the prices of new tariffs and pressure global leaders to manufacture goods in Trump’s commercial negotiations in the United States – which is characterized by his economic business schedule during his first administration – recently from the loud yawning of Wall Street.

The collapse of commercial links to the last tariff goals from Trump

The S&P 500 rose to the top on Wednesday, led by the technology giants of Nafidia, Microsoft and Alphabet. At the same time, and Dow Jon’s industrial average More than 200 points increased, or an increase of 0.6 %, while the S&P 500 and NASDAQ compound increased by 0.5 % and 0.8 %, respectively.

Earlier in the week, Trump said in a social position in fact that he “will not be given extensions” to countries after the deadline on August 1. Ann Anj analysts were not convinced that the president would adhere to the new target history.

Analysts wrote in a note: “Although Donald Trump’s messages are proposing an offer or a line, the fact is that they effectively extended the deadline for tariffs from July 9 to August 1,” The note described Trump’s goal “90 deals in 90 days” as “not surprising, unrealistic.”

Traders are betting on the recession with Trump’s economic policies continuing to show a wonderful power

Paul Donovan, the chief economist at UBS Global Wealth Management, called on Trump’s commercial updates on social media “lost effort”.

“It appears to be a lost effort to analyze every post on social media in Trump when investors expect to decline in the future,” Donovan wrote in a research note. “Trump is expected to announce more consumer taxes in the United States today. It is possible that the recent Federal Reserve meeting will express a collective ignorance of the shoulders.”

Trump declares higher tariff rates for more countries in social media messages

Clothes workers in a factory in Bennah, Cambodia, on December 17, 2021. (Wu Changwei / xinhua via / Getty Images)

Goldman Sachs chanted similar feelings, and wrote, “We do not generally expect to enter these proposed rates on August 1.”

The majority of the new definitions closely reflect the proposed rates in April; Laos and Burma are scheduled to face 40 % higher tax. Meanwhile, the goods from Cambodia and Thailand will face just below 36 %. In addition, Brunei, Japan, Kazakhstan, Malaysia, Moldova, South Korea and Tunisia will increase 25 %.

The Philippines so far have the lowest tariff rate at 20 %.

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