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Market Reactions Amid Tariff Uncertainty
2025-04-24 10:30:10
Stocks

Market Reactions Amid Tariff Uncertainty

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US stock markets showed volatility as President Trump hinted at possible tariff reductions on China, sparking both optimism and caution among investors. While Treasury Secretary Scott Bessent mentioned the potential for a significant trade deal, he clarified that no unilateral cuts to tariffs were in consideration.

This created a mixed sentiment, with US futures declining and Asian markets reflecting similar unease. In Europe, markets benefited from a stable macroeconomic backdrop, even as the euro weakened.

Meanwhile, Hong Kong stocks fell due to ongoing tariff tensions, and the Swiss fund market experienced growth tempered by performance losses amid investor uncertainty. Overall, the market landscape remains fragile, impacted by trade disputes and shifting economic indicators.

Related news on that topic:

States Challenge Trump's Tariff Authority

A dozen U.S. states have taken legal action against President Donald Trump, challenging the legality of his tariff policies. The states, led primarily by Democratic governors, argue that Trump lacks the authority to impose tariffs without congressional approval. They claim that his use of the International Emergency Economic Powers Act is unwarranted and that tariffs have caused economic disruption. The lawsuit, filed in the U.S. Court of International Trade, seeks to declare these tariffs illegal and halt their enforcement. Meanwhile, Trump remains firm on his decision to impose tariffs, indicating readiness to act within the next two to three weeks if trade negotiations, particularly with China, do not progress. Despite ongoing economic tensions, Trump has suggested possible tariff reductions, contingent upon successful talks with Beijing. The situation has sparked mixed reactions, with some markets showing signs of optimism amid the possibility of de-escalation. This legal challenge underscores the ongoing controversy and division over trade policies and their impact on the U.S. economy.

Economic Pressures Shape Trump's Policies

President Trump's economic policies, particularly tariffs on China, have faced significant pushback from various sectors. Major companies and financial markets have pressured the administration to reconsider its stance, fearing a looming financial crisis reminiscent of 1929. Automakers, tech giants like Apple, and major retailers such as Walmart and Target have urged the White House to reduce tariffs, which could drop to 50%-65% levels. Meanwhile, Federal Reserve Chair Jerome Powell has highlighted the potential dangers of current tariffs on interest rates and economic growth, suggesting a possible shift in strategy to balance inflation and employment pressures. Public sentiment reflects dissatisfaction with Trump's economic approach, with a majority of Americans—across political lines—criticizing his tariff policies as arbitrary. This discontent is echoed by a coalition of Democratic states, which have legally challenged the tariffs, citing economic harm and constitutional overreach. The economic environment, marked by declining consumer confidence and recession fears, has forced Trump to soften his initial hardline tactics, acknowledging the complex realities of global supply chains and economic indicators.

Read 10 more recent news on this topic

The press radar on this topic:

EuroNews
24. April 2025 um 05:51

Wall Street rally falters as Trump sends mixed tariff signals

US stock markets closed higher but retreated from intraday highs after President Trump signaled potential tariff reductions on China, with reports suggesting a tiered approach to tariffs. Although Treasury Secretary Scott Bessent indicated a chance for a significant trade deal, he noted that no unilateral tariff cuts were offered. Despite the positive market reaction, uncertainty persisted, reflected in declining US stock futures and mixed Asian market performances. Concurrently, European mark..
Investor Relations - South China Morning Post
24. April 2025 um 02:27

Hong Kong stocks dip as US-China tariff tensions weigh on market sentiment

Hong Kong stocks experienced a decline on Thursday, with the Hang Seng Index dropping 0.3% to 22,003.90 amid ongoing US-China tariff tensions. This followed a 2.4% gain in the previous session. The Hang Seng Tech Index fell 0.6%, while mainland indices saw slight increases, with the CSI 300 Index up 0.4%. Notable declines were observed in Trip.com, JD.com, and Meituan, whereas Shenzhou International Group and WuXi AppTec saw gains. US Treasury Secretary Scott Bessent indicated that the White H..
Tagesschau - Wirtschaft und Börsen-Nachrichten
24. April 2025 um 20:44

Slight Course Decline Expected DAX Struggles Around 22,000 Points

The DAX is struggling around the 22,000 point mark; positive cues from Wall Street and hopes for trade agreements could provide impetus; Adidas with a strong start to the year; Nestle and Kering with mixed figures.
finews.ch: Treffpunkt der Finanzwelt
24. April 2025 um 08:36

Trade dispute casts a shadow on the Swiss fund market

The Swiss fund market recorded an increase of 1.6% to 1'628.6 billion francs in the first quarter of 2025. Strong net new money inflows at the beginning of the year, however, were slowed by performance losses in the equity markets towards the end of the quarter. The emerging trade war of the USA unsettled investors, who increasingly invested in fixed-income products and commodities. Smaller and medium-sized providers were able to gain market share, while UBS as market leader maintained its dom..
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