Trump doubles on August 1st Tariff, while the shares continue to sink



  • The markets expanded their downward slide On Tuesday, investors remained careful with the impending tariff, with the S&P 500 sank by 0.07%.

After a solemn June, the seen The S&P 500 Recy Record Highs, July has a dark start. The threat of tariffs threatens investors again as President Trump emphasized He will be a new negotiation period of August 1st to announce Levies bruising campaign announced in April.

The shares continued their down bath on Monday, with the S&P 500 fell by 0.07%, which has been made of modest drops in blue chip companies how liked Amazon And Microsoft. And so that the careful viewers hope for further delay, Trump was looking for truth societies in this way Indication The deadline was not “100% firm”.

“No extensions are granted,” he wrote on his social media platform. “Thank you for your attention to this matter!”

Trump’s second term was an economic roller coaster ride, in which the shares fell dramatically after its announcement of the liberation day in April before he had withdrawn from the steep demands. But even when the markets reappeared, the original expansion of July 9 remained a ticking time bomb. And while Trump signed An executive order on Monday to cross the deadline again to August 1st was not enough to calm investors.

The upcoming mutual tariffs are not the only expected economic policy of the White House this week, and the press spokesman for the White House, Karoline Leavitt, and the finance minister Scott Bessent tell CNBC On Monday that it would be a “busy day”. Trump on Tuesday announced A new 50% tariff for copper, although he did not set a date on which he would come into force. To date, the White House only has hammer out The business with Great Britain and Vietnam and an expected contract with India are still uncertain.

While the markets are always convinced, Trump continues to put pressure on the chairman of the Federal Reserve Jerome Powell. On Tuesday, Trump said reporters that Powell should “step down immediately”, again criticize The central banker’s decision not to reduce interest rates. However, Powell has given the potential effects of tariffs on inflation as the reason why the Fed kept the interest stable.

Despite the volatility, the shares did not fall as sharp as in April when Trump announced his tariff campaign for the first time and put the markets into a downward spiral. And while his Tuesday for social on Tuesday insisted that August 1 would be the last chance for the negotiation of countries, he repeatedly moved the goal posts in the past.

A bright spot in the middle of the Red Sea of ​​Red War on Tuesday on Tuesday Teslawhich rose by 1.33% on Tuesday, although CEO Elon Musk’s public spit with Trump. In a new note on Tuesday morning, the Wedbush analyst Dan Ives wrote This Tesla has reached a “turning point” that asks to end the “soap opera”. One of his recommendations was that Musk reduces his work, including its latest campaign to create a new political party.

After IVES published his demands on XMusk gave up an order Answer: “Stop the flap and.”

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