Trump, market and tariffs
Digest more
Trump's tariffs may pose less threat to Asian markets than initially feared, wrote Goldman Sachs analysts. Tariffs may hurt markets, but if there's clear information about them, investors would feel less negative. North Asian markets face higher exposure, while Southeast Asia markets are less affected.
Brazilian assets face pressure from new US tariffs, but holding broad index trackers may reduce risk amid volatility. See why major Brazilian ETFs are a hold.
US Stock futures slipped early Thursday after the S&P 500 recouped some of its losses from this week's tariff-fueled slide. S&P 500 futures traded 0.25% lower, while the Nasdaq 100 futures dropped 0.29%.
The high rates caught many investors off guard, and the stock market plummeted. By April 9, Trump announced a 90-day pause on the high tariff rates to give countries time to negotiate trade deals, leading to a major market rally. That 90-day pause will end on July 9. Should investors buy stocks before then?
Alcoa Corporation remains a Buy despite tariff challenges. Strong balance sheet, strategic actions, and valuation discount offer upside. Click for my AA update.
The president noted that U.S. negotiators remained open to offers from trading partners, suggesting that tariffs could be reduced before — or even after — the deadline on Aug. 1.
US President Trump announced new tariffs on imports from 14 countries, including Japan and South Korea, while extending the deadline to August 1. Wall Street indices fell sharply, causing volatility in Asian and European markets,
Investors are digesting Trump's stiff tariffs on imports from more than a dozen countries and delayed the return of sweeping April levies.