104% Chinese tariff is alive – even musk looks worried

Trump tariffs They are officially initiated and they include 104% fees in Chinese imports.

Despite the increase in economists and CEOs expressed, Trump management officials were stubborn in defending trade policy. Treasury Secretary Scott Bessent CNBC wanted to discuss the deals with about 70 countries with a white house on Tuesday, trade adviser Peter Navarro, said the tariffs were not discussed. (Deals are not discussed, the form of negotiations is probably controversial.)

However, at least one member of Trump Cadre does not look very satisfied with tariffs. Elon Musk, in the absence of the White House’s trade policy, Navarro – the best trading advisor of the management – “Moron” and “Dangerous Dumb”. Musk is a Dege Doge leader who plays a key role in Trump. He is also a CEO of a multinational company Tesla.

Given how the White House officials still defend for tariffs, the people of Navarro are likely to stop the wound in global trade.

Tariffs come into effect
US President Donald Trumps Latest tariffsThe tasks that apply tasks of 11% to 84% in 86 countries are already living. The tour of so-called reciprocal tariffs exceeds the 10% grade, which is applied to many other countries on the weekend. After China, Lesotho is subject to the largest nation tariff in the new round. Exports of African people to the United States are subject to 50%.

Great tariffs in China
China will see Net total tariffs 104% to the United States in exported goods. The 20% previously applied fee, 34% increase in additional tariffs and the last minute in the last minute, Trump signed on Tuesday. Treasury Secretary Scott Bessent said China responded on Tuesday “It was a big mistake. “Tuesday after the tariffs China reduced the growth forecast to 4.2% to 4.7% this year. Simply Citi, to do this, to be the first to be the first in Wall Street.

Early rally in US markets
US shares fell on Tuesdayto give up a profit from a rally at the beginning of the day. This Dow Jones Industry Medium Lost 0.84%. This S & P 500 Reduced 1.57% and Nasdaq Composite 2.15% fell – lost more than 12% of the previous 12%, and in the last four trade sessions, the last one of the last 13% was collapsed. Asian-Pacific Markets were Red Wednesday. Japan Nikkei 225 South Korea has lost around 4% Cassapy The bear fell by more than 1.8% to enter the market area.

Microsoft is the most valuable company
Apple On Tuesday, Tuesday puts the casualties from 23% in the last four days in 23%, the Cupertino-based company market capitalization is $ 2.59 trillion. This means that Microsoft2.64 trillion dollars worth, still The world’s most valuable public company. Apple is the most difficult among technical megacap companies because it trusts China – and Iphone’s Manufacturing in the United States Not “anything” according to an analyst.

Musk plays attacks on Navarro
Tesla CEO MUSK on Tuesday blown Trump’s Best Trade Advisor Peter Navarro, “Really a Moron. The “Mushle” celebrated “Tesla” was called “car team” than a car manufacturer in Tesla.

Indian Reserve Bank cuts ratios
The Central Bank of India 25 main points of the expected policy reduced to 6%To mark the lowest level since September 2022, because it causes growth. Indian economy expanded with a weaker than unexpected 6.2% in the fourth quarter 2024 and 6.5% expected to grow In March 2025 in the fiscal year – a decomposing slowing from 9.2% a year ago. In addition, the Trump’s 26% tariff for India has come into force.

(Pro) Shares to take advantage of a trading deal
US Treasury Secretary Scott Bessent said that 70 countries have reached the White House Discuss the tariff offers. Some of these countries may reach an agreement that may first lift Shares of companies These places have a close business relationship.

Don’t be busy to stop the US-China Trade War

“We lasted more than once, which is not the right way to deal with us, which is pressure or threatening.” “China will firmly protect their legal rights and interests.”

As for the negotiations, the question of “competent authorities”. Taking into account the US actions on Tuesday, he said that the negotiations did not seem serious.

However, it is not clear what the US-China’s consent will appear outside the tariffs or some sensitive restrictions in Chinese exports.