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- Dow Jones was severely beaten on Monday with the continued weight of the trade war.
- President Trump climbed the threats of the trade war, and promised more customs tariffs on China.
- The arrow recovery has evaporated on the potential tariff accessories early.
The industrial average (DJIA) was sharply on Monday, when the new trading week began with a turbulent opening. Dow Jones opened more than a thousand points less than Friday, and continued to decrease below 37,000 for the first time since December 2023 with the continued defeat of the tariff.
No use, Mr. Shi – it is a tariff along the way down
The feelings of investors rapidly rose on rumors that the Trump administration was considering extending a 90 -day tariff, sending the shares up and installing DJIA to the 39000 level. The President of the United States (the United States), Donald Trump, soon moved to social media To announce that the rumors were not only wrong, but Donald Trump intends to issue an additional 50 % tariff to become valid on April 8 to China. The threats of fresh tariffs respond in response to a 34 % revenge tariff for American goods issued by China, which targeted itself 34 % “mutual” tariff by the United States last week, which is scheduled to enter into force on April 9.
The threats of the fresh tariffs Dow Jones returned to 37,500, which resulted in the survey of the brief recovery gathering fed by the rumors on Monday. American stock indicators decreased sharply in all fields, as the Megacap Standard & Poor’s 500 (S&P) decreased by 1.3 %, as it decreased to 5000. The NASDAQ technology compound decreased by 0.9 %, with 140 points to test less than 15500.
Stock news
Despite the general decline in Market feelingThe main players in the field of technology still find gains on Monday. Super Micro Computer (SMCI) gathered by 10 % to $ 33 per share, as the Rack Server solutions from the bus rose, and Rally NVDIA (NVDA) rose from Ai Rallly Nvidia (NVDA) by 3 % to $ 97 per share. Physical products dealers obtained customs tariff threats, as Nike (Nike) decreased by 5 % and sliding less than $ 55 per share, while Apple (AAPL), which depends on China, decreased by 4.2 % to less than $ 181 per share.
Read more stock news: Ali Baba slices 10 % after Trump threatened to raise the Chinese tariff
Dow Jones price expectations
Despite the desperate low recovery, Dow Jones is still buried deep in the country. The price procedure was suspended near the technical levels that have not been seen since early 2024, as about 16 % of record levels decreased last December, north of 45,000.
On Monday from 37,000 handles, the artistic bullish rejection can witness an increase in bidding in the short term. However, Dow Jones is still much lower than the main price level of 40,000, and the SIA moving average for 200 days (EMA) is close to 42000, which represents many areas for bulls to lose control again if the recovery continues.
Dow Jones Daily Plan
Customs fees are common questions
Customs duties are useful customs duties on some imports of goods or a category of products. Customs duties are designed to help local producers and manufacturers to be more competitive in the market by providing the price feature on similar goods that can be imported. Definitions are widely used as fever tools, along with commercial barriers and import shares.
Although customs tariffs and taxes generate government revenues to finance public goods and services, they have many differences. Customs duties are pre -paid in the entry port, while taxes are paid at the time of purchase. Taxes are imposed on individual taxpayers and companies, while customs duties are paid by importers.
There is a school of thought between economists regarding the use of definitions. While some argue that definitions are necessary to protect local industries and address commercial imbalances, others see them as a harmful tool that can push prices up in the long term and lead to a harmful commercial war by encouraging customs tariffs.
During the period before the presidential elections in November 2024, Donald Trump explained that he intends to use the customs tariff to support the American economy and American producers. In 2024, Mexico, China and Canada accounted for 42 % of the total imports of the United States. During this period, Mexico emerged as the best source with $ 466.6 billion, according to the American Statistical Office. Thus, Trump wants to focus on these three countries when imposing definitions. It is also planned to use the revenues created by definitions to reduce personal income taxes.
