The president of the USA Donald Trump has set the tone again and, in a 360 degree turn, has changed the bias of the markets in an instant. The announcement, in its social network, It establishes a 90 -day pause for the announced tariffs that entered into force, of 10%, with an exception, that of China whom It will be implemented by up to 125%.
This is the full message Trump has launched in social truth:
«Based on the lack of respect that China has demonstrated towards world markets, therefore increased increase The tariff charged to China for the United States of America to 125%, with immediate effect.
At some point, hopefully in the near future, China will realize that the days of cheating the US. Uu. Already other countries are no longer sustainable or acceptable.
On the contrary, and Considering that more than 75 countries have summoned representatives of the United Statesincluding the Departments of Commerce, Treasury and the United States Commercial Representative (USTR), to negotiate a solution to the issues under -related discussion, commercial barriers, tariffs, the manipulation of foreign exchange and non -monetary tariff A 90 -day pause and a substantial reduction of the reciprocal tariff during this period, of 10%, also with immediate effect. Thanks for your attention to this matter!
A somewhat opaque statement, but has changed the bias of Wall Street that has immediately fired with increases that have come to exceed 9% For the Nasdaq, waiting for the small print and details of the countries that will benefit.