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You know that things are bad when penguins cannot get a break.
The comprehensive global tariff plan for President Donald Trump includes more than 180 countries Hurd Islands and McDonald’s Islands, and two external positions of the external sectors inhabited by penguins and seals.
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The Australian Minister of Trade Don Farrell said Australian broadcasting company The definitions were “clearly wrong.”
He said, “The poor old penguins, I do not know what they did to Trump, but see, I think it is an indicator, to be honest with you, that this was an urgent process.”
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The markets fell after Trump announced April 2, “Tahrir’s Day.” Dow Jones industrial average decreased 1200 points in the last selection.
Trump: Americans may feel some pain
The bad news lasted when China revealed its first tour of revenge to the American tariff, announcing a 34 % tax on all American goods that start on April 10. This step actually emphasizes a commercial war that escalates between the two largest economies in the world.
According to South Africa, South Africa is seeking to negotiate a “bilateral and beneficial trade agreement for both parties”, and the Indian Ministry of Trade “is carefully studied monuments.”
The Minister of Industry in Denmark, Morten Podskov, said that the country is “ready” in response to the Trump tariff.
Trump said the Americans may feel “some pain” due to the definitions, but he also said that the goals are long, including getting more manufacturing functions to the United States, worthy of it.
Related: Analysts see Apple challenges on definitions
The president likened the situation to the medical process, where the American economy is the patient.
“For investors who are looking for their portfolios Associated Press.
But Jacobsen also said that the next surprise for investors could be the extent of the speedy negotiation of the customs tariff.
He said: “The recovery speed will depend on how officials negotiate.”
Paul Christopher, head of the Global Investment Strategy at Wales Fargo, said the customs tariff system is likely to bring more selling in stock markets, low fixed income yields, and a modest decline in the value of the US dollar exchange.
He wrote in a note for investors: “Our directives are patience, as the markets are digesting new definitions, government, companies and families.” “Our basic conviction remains that stock prices, bond returns, and the value of the dollar will revive this year.”
Christopher said he expected the economy to gain some traction in the coming months and that the recession is still unlikely.
The Fund Director is concerned about the responses of other countries
Chris Versace, Director of Leadership Thestreet Pro PortfolioIt works on a short -term plan.
He said in his column on April 3: “While the markets still accommodate the announcement of yesterday, our anxiety is still focusing on possible responses from countries and companies that save the customs tariffs in addition to reformulating profit expectations by the market participants.”
Related: Official expectations in the federal reserve on the American economy amid tariff disorders
He said that every state of uncertainty, along with slowdown in consumer spending, uncertainty in business, and other factors, is preparing for weight in the directives of the quarter of June.
Versace said that the question that must be thought about is what the market can lead to a sustainable way and reach four capabilities.
In one of the scenario, Trump and other countries are negotiating commercial deals that make mutual definitions a discussion. “We will know more on this front in the coming days,” Versace said.
Perhaps the profit season will surprise in the March quarterly, but the veteran fund manager said this seems to be a low possibility because investors are still concerned about the revised 2025 guidelines.
The scenario is three. Trump sees the delivery of tax cuts, which described Versace TBD, as in “will be determined”.
Finally, the Federal Reserve can reduce interest rates. “The possibilities of this are at least questionable, given the modern inflation data and the possibility of a tariff for these numbers higher,” Versace said.
He said that while investors will be tempted by buying DIP and picked up some shares at a cheap price, obstacles are still.
“We will continue to update our thinking with the development of commercial developments, but we will continue to follow the data and be aware of the profit race,” Versace said.
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