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March US Producer Price Index, Core PPI Both Decline Unexpectedly, Year-Over-Year Rates Slow
US Morning News Call | China Raises Tariffs on U.S. Goods to 125%
China Raises Retaliatory Tariffs on U.S. Goods to 125%
Express News | China announces additional tariff measures on U.S. goods, increasing tariffs on U.S. imports from 84% to 125%, effective April 12.
Trump's pause on the "tariff war" is useless! JPMorgan: The US stock market will continue to pull back, with uncertainty being the key.
①David Kelly, Chief Global Strategist at JPMorgan Asset Management, warned that despite President Trump postponing "reciprocal tariffs," the uncertainty around tariffs will still weigh down US stocks; ②Kelly believes that the biggest tax imposed on the US economy by Washington currently is the "tax of uncertainty," causing companies to halt hiring and cut costs due to unpredictability.
'There'll Be A Transition Cost,' Trump Says Amid Tariff Woes As Bessent Hints At Behind-The-Scenes Negotiations