22:08 2025-04-02
White House: Some goods are not affected by reciprocal tariffsWhite House documents show that some goods will not be subject to reciprocal tariffs, including: steel/aluminum products and automobiles/auto parts already subject to Section 232 tariffs; copper, pharmaceuticals, semiconductors, and wood products; all items that may be subject to Section 232 tariffs in the future; gold; energy and certain other minerals not available to the United States.
22:08 2025-04-02
Economist: US tariffs either lead to higher prices or lower profitsBrian Jacobsen, chief economist at Annex Wealth Management, said the situation could have been worse, and describing the tariffs as "reciprocal" could have prompted officials to negotiate quickly rather than retaliate. But there are still costs to the tariffs, which are either higher consumer prices or lower profits, neither of which is good for investors. The market's reaction is justified, as the question now is how long these tariffs will last.
22:08 2025-04-02
Nasdaq futures expanded their decline to 4%.Nasdaq futures widened their losses to 4 per cent, with S & P 500 futures down more than 3 per cent and Dow futures down 1.8 per cent as Mr. Trump announced so-called "reciprocal tariffs".
Apple's U.S. stock market fell 7.5% after trading, Tesla fell 5%, and Nvidia fell 4.4%.
22:02 2025-04-02
BNB fell below $600The market shows that BNB has fallen below $600 and is now quoted at $599.91, a 24-hour decline of 1.52%. The market is volatile, so please do a good job in risk control.
21:41 2025-04-02
The US Treasury Secretary advises all countries not to take trade retaliatory actionsUS Treasury Secretary Bescent: I suggest all countries not to take retaliatory action. We can see if there will be a different tariff floor (compared to the published numbers). Trump's mentality may be to let things stabilize for the time being. I am not involved in the negotiations, we are going to see if there is any negotiation before April 9 (the effective date of the reciprocal tariffs).