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#tariff

152 messages108 participants10 messages aujourd’hui

Good morning. It's 7AM, Tuesday, 15th April. The headlines: Sudan's strife persists into a third year, with heavy losses and displacement. President Xi Jinping of #China tours Southeast Asia, stopping in Vietnam amid US #tariff disputes. #Meta's antitrust trial begins in Washington with Mark Zuckerberg giving evidence. The US imposes fresh #tariffs on semiconductors and pharmaceuticals. The worldwide art market is estimated to be worth $57.5 billion. #BBC #News

Everyone I know is pulling back, trying to both stock up on everyday essentials and to save money for unforeseen circumstances - esp disruptions in Social Security.

Gone are the days of shopping, going to the movies, and lots of eating out. We only buy what we need now.

Projects like insulating the upstairs are now on hold. Lots of small companies will be way worse off for the wear.

Link: sherwood.news/personal-finance

Asian stocks rise on electronics tariffs exemption, gold hits new high

> Asian #stocks rose Monday as trade war fears were tempered by #DonaldTrump's announcement of #tariff exemptions for electronics, though the dollar weakened and safe-haven #gold hit a fresh record amid fears the relief would be short-lived

> After the wild gyrations witnessed last week, markets got off to a relatively stable start following news Friday that the White House would exempt #smartphones, today.rtl.lu/news/business-and

A répondu dans un fil de discussion

“If the U.S. keeps up the #tariff chaos, we start slowly bleeding your #BondMarket.”

“And so they did.

“Not a fire sale.

“Not a bombastic news conference.

“Just a subtle slow bleed of U.S. #Treasury bonds, signaling to investors across Asia and Europe: the dollar is no longer a sure thing.

4/n