A large number of commercial vehicles were collected in the Yantai Port for shipping and export abroad in Yantai, Shandong Province, China, on April 24, 2025.
CFOTO | Future publishing Gety pictures
The US Federal Trade Court appears to be hit by “mutual” definitions of President Donald Trump on a wide range of countries, on the surface, a positive development everywhere. Lack of definitions leads to cheaper commodities, and it is likely to be more spending on consumers and the height of corporate revenues, which tends to return to stock prices.
However, this ideal scenario depends on the assumption that the court’s decision is final and that the Trump administration does not have other ways to restore its muscular commercial policies.
The events showed us on Thursday that this is not the case. The Court of Appeal temporarily stopped the rule of customs tariffs To allow the Trump administration to respond to the case. “Even if we lose, we will do it in another way,” Trump’s trade advisor, Peter Navro, told reporters at the White House on Thursday afternoon.
This uncertainty can lead to markets and commercial negotiations with countries. If the customs tariff can appear and get out of existence based on political and judicial decisions, how do countries discuss commercial deals, and how does investors allocate their capital efficiently? In fact, the S&P 500 rose nearly 0.9 % when trading began, but it decreased sharply after the Trump administration said it might ask the Supreme Court to stop the ruling of the Federal Trade Court.
“In general, the markets do not like uncertainty, because it makes prediction more difficult,” He said Larry Tentarelli, founder of the Trend Daily Trend Blue Chip report. “We expect the customs tariff news course an extended process, which can lead to high -term fluctuations.”
The tangible tariff of 10 % will remain a tax – but its guarantee may be better for markets and economies worldwide in the long run.
What you need to know today
Trump’s mutual tariffs have been re -currently
American federal court On Thursday, the Trump administration request was granted to Temporary stops less than the court Which – which to hit Most of the Trump tariff. Trump officials assert that they have Other options To impose definitions, even if it does not prevail in the case. Earlier in the day, the White House said it would seek.Emergency reliefFrom the Supreme Court if the ruling does not stop.
US -Chinese rocky negotiations
The American -Chinese commercial conversations “are a little suspended”, “ Treasury Secretary Scott Bessin Fox News said In an interview on Thursday local time, adding that there may be an invitation between Trump and Chinese President Xi Jinping “at some point.” Although Washington and Beijing agreed to A 90 -day roll tariffThe United States has moved forward Technology restrictions In China, while the latter did not significantly reduce the restrictions imposed on rare Earth exports.
The US market gains were crowned with the customs tariff
American stocks rose on Thursday. They have been moved before Nafidia – Which rose 3.3 % on Positive profits – But more gains were hindered due to uncertainty about the definitions. the S & P 500 He added 0.4 %, and Dow Jon’s industrial average Earn 0.28 % and Nasdak 0.39 % increased. The Asian and Pacific markets fell on Friday. Japan Nikki 225 1.15 % declined at 1:30 pm Singapore time, and the annual basic data showed Embolic in Tokyo reaches 3.6 % in MayTop since January 2023.
The average decisions cannot be on the first Powell
I met the President of the Federal Reserve, Jerome Powell Trump Thursday, according to a statement issued by the US Central Bank. “President Powell did not discuss his expectations for monetary policy,” the statement said. However, Powell “emphasized that the path of policy will depend entirely on the economic information received and what this means for expectations” – mainly, the interest rates cannot be affected by politics.
SEC has dropped a lawsuit against Binance
His Supreme Education Council A lawsuit against Bennes officially dropped And the founder Changing Chau, who was It was first brought in June 2023. The case accused the exchange of encryption to American users illegally, and the amplification of trading volumes and customer funds. The chapter represents a symbolic end of the agency’s encryption and comes at a time when the Trump administration is trying to prove that it is an industry ally.
(Pro) European sectors to play: Jpmorgan
European stocks have achieved better than those in the United States so far this year. Jpmorgan Analysts believe that the trend can continue, as non -American markets are “increasingly increasingly” against their American counterparts for the next 12 to 18 months. Here is the bank Favorite sectors for this period.
Finally …
Hybe Building in Seoul, South Korea.
SOPA photos | Lightrockket | Gety pictures
Hybe opens in South Korea the China office amid hopes for K-POP reflection from Beijing
The largest K-POP agency in South Korea, which established its first office in China on April 2 and announced the launch on Thursday, is preparing to enter the Chinese market since last year, And Hybe responsible He recently said.
There were indications that Beijing might reduce his position on K-POP In the face of weak home consumption Trade with China stopped. In another mark on the melting of relations, China announced its decision to waive the visas of South Koreans last November. South Korea followed its example in March 2025 with its plans to provide a visa exemption for Chinese visitors in the third quarter.
“In contrast to semiconductor or cars, as the global trade policy directly affects supply and pricing chains, the K-POP consumption is much less sensitive to protectionist measures,” Shenhan said a policy in April.
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