The US-China contract revives markets and puts the ‘Trump’
Chinese President Xi Jinping and President Donald Trump, on June 29, 2019 at the G-20 summit in Osaka.
Brendan Smialowsi | AFP | Getty pictures
On the weekend, both the United States and China, 90 to 10% to 10% to 10% tariffs to 10%, mutually agreed to flush each other. This is more than expected, because Trump told this Friday 80% tariff in China “Looks straight!” The United States still keeps a Levi associated with Fentanyl 20%, so the total task in Beijing is up to 30%.
Although high, 30% do not cry away from 145% away. Investors were marvelous and shares are flown. Technology names such as Nvidia and BroadcomAlso including the consumer’s arbitrary Nike and StarbucksHe held a rally. MARKET FRENZY, thinking the concept of “Trump Tutu”, said the market will take action from this proposal to this proposal.
Like Dario Perkins, TS said as a management director of the global macro strategy in Lombard erected“(Species)” (kind) “(a kind of)” (a kind) “(a kind)” (kind) “(a kind) of the most reverse of optimistic cases made for Trump 2.0.”
A trump, perhaps only puts back the president once.
What you need to know today
China and the United States stops most tariffs
On Monday, the United States and China agreed to the initial trade agreement that suspended the most tariffs of imports in 90 days. There will be “mutual” tariffs between both countries Cut from 125% to 10%, But the United States’ 20% tasks to Chinese imports associated with Fentanyl It will remain, that is, China’s total tariffs are at 30%. Treasury Secretary Scott Bessent told CNBC on Monday that the contract expresses progress in the country “bud“From China to” strategic needs. “
According to Beijing, the victory for China
After the US-China trade deal, US President Donald Trump said he was Beijing “agreed to open“But they offered a few other detail. But on Monday, Chinese officials, those affected and managed by the state were made Shed the trade agreement as victory with us and approving Beijing’s talk strategy, “China’s company’s company counterparts and determination was highly effective,” he said Social media The Chinese National Broadcaster CCTV is associated with.
Investors made a delight of trade deal
Two Superpowers’ Trade Dovdus News TurboCharged Shares on Monday. This S & P 500 3.26% hit, Dow Jones Industry Medium 2.81% and the Nasdaq composite Increased by 4.35%. Pan-European Stoxx 600 index rose 1.21%. Shipping giant shares Maersk 10% appeared. US Treasury Gives Product and Oil prices A recession jumped as a chance decreases.
Technology stocks gathered strongly
Members of the so-called magnificent group The market value added an aggregate of $ 837.5 billion The largest collective movement for the group since April 9 on Monday. This bag and their technology rallyed both the consumer’s arbitrary outside the peers. US-China contract The idea of ​​”put the trump” was resurrected,“It will take measures to prevent the President’s sharply dropping in the markets.
(Pro) S & P strikes the last key level
A wide-based index broken on Monday S & P rallies through the main technical level. The speed of the action is not typical and the investors can continue to be protected by trade developments and be for the next market phase.
And finally …
Welcome to the YM Container ship Long Beach, California, USA, Long Beach in the United States in the US, April 28, 2025, Docked at the US port of Long Beach.
Eric Thayer | Bloomberg | Getty pictures
Tariff Pause means a new increase in cargo transportation and higher prices
According to retail and logistics managers, the United States should be expected to increase the United States for the Preliminary Trade Deal, which was shot by the United States and China 90-day break About forbidden tariffs.
“I have clients with thousands of containers in China,” he said.
CNBC’s family-owned shoe retailer Rick Muskat will allow CNBC to resume sending 30% of tariffs from China, but the container rates will be Skyrocket due to a pent-up request.
“Our expenses will approach 40%,” Muskat said. “So we need to raise prices for the supply of autumn.”