Securities Market today: Dow’s futures decrease and Trump saves to 70 % of the customs tariff

Securities Market today: Dow’s futures decrease and Trump saves to 70 % of the customs tariff

GettyImages-2222513804-e1751647689683 Securities Market today: Dow's futures decrease and Trump saves to 70 % of the customs tariff

Futures in the United States fell on Friday after President Donald Trump said he would start Send messages Inform the two countries of the definitions they will face.

On Thursday, the correspondents told that about “10 or 12” messages will come out on Friday, with additional messages “during the next few days.” The rates will be valid August 1.

“A value of 60 or 70 % of the customs tariff will range to 10 and 20 % of the customs tariff,” Trump added.

While the American markets were closed to spend the July 4 holiday, the futures were linked to Dao The Jones industrial average decreased 251 points, or 0.56 %. S&P futures decreased by 0.64 %, and Nasdak Futures decreased by 0.68 %.

US oil prices fell 0.75 % to $ 66.50 a barrel, and Brent crude lost 0.41 % to $ 68.52. Gold rose 0.11 % to $ 3,346.70 an ounce, while the US dollar decreased by 0.16 % against the euro and 0.30 % against the yen.

The Trump administration has been negotiating with senior trading partners since the President has put a “liberation day” tariff on a 90 -day stand.

The validity of this education will end on Wednesday, July 9. To date, a few of the limited commercial deals have been announced, and negotiations with other countries are expected to require more time.

So as the deadline approached on Wednesday, Wall Street expected Trump to announce an extension of the international tariff on Tuesday, and to revive The so -called trade Taku This hints to his history in retracting his maximum threats.

“We doubt that other concessions will be made at the last minute to allow accessories to most countries, but a few” worse criminals “for punitive treatment may be distinguished. Analysts at Capital Economics predicted earlier this week. “The markets seem to exist to achieve somewhat benign results, which implicitly means the risk of some disturbances in the short term if this fails to achieve it.”

This is assumed that Trump will not risk repeating the sale of the epic in April, which led to the tariff of liberation day, and warned the capital of the capital that this assumption may be satisfied.

In fact, Trump has said weeks ago he prefers to put definitions unilaterally with each country instead of participating in negotiations with it all. But amid the absence of any messages, the markets rejected the risk of these tariffs again.

However, Trump has been hitting the drum around the messages. In an interview broadcast on Sunday, He was asked about the cessation of customs tariffs And the deadline that is looming on the horizon.

Trump answered: “I prefer sending a message to them, a very fair message, saying:” Congratulations, we will allow you to trade in the United States of America. It will pay a tariff of 25 %, 20 %, 40 %, or 50 %.

When asked if the temporary suspension would not be extended, he said: “I don’t think I will need it – it is not possible – there is a big deal.”

Trump also explained his position on the deadline on July 9, saying: “I will send messages. This is the end of the commercial deal.”

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