US President Donald Trump pointed out Exempt from fees About cars to provide “some time” to change the production of car for car manufacturers. His ideas occurred after the end This is a step back in comparison with the business fees announced earlier this month.
“I’m looking for Something to help some vehicle companiesThere they become a fragment made in Canada, Mexico and elsewhere, and it takes some time to make them here, ”he said at the Oval office on Monday.
Trump management imposed 25% of fees April. They were pressing to get rid of exemptions In some lower -kost car components, they may face additional taxes for a total of 25% of car charges if they are obtained outside the United States.
For its part, the US Department of Commerce. He made a note, in which he contacted that he started investigations in sectors and pharmaceutical products. Both inquiries enter section 232 of the National Security Research Framework, which indicates that The possibility of imposing higher fees in both fields And increases the uncertainty around Trump’s Payment Program. This research announcements took place after Trump announced that Sunday was exempt Electronic products are temporary Underline the unreasonable trading balances “no one is going to remove.”
Research document In semiconductors, he said, “his aim is to determine the consequences on the national security of the semiconductor imports and semiconductor manufacturing equipment (SME) and the national security of their received products.” Drug research will explore the imports of “finished pharmaceutical products, medical opposite measures, active pharmaceutical products and important products derived from those products.”
European markets, attract attention to car manufacturers
European markets are opening upwards amid Trump’s comments that suggest possible relief in car charges. Up to 5:18 am, The future of actions is widely positive.
Actions European car manufacturers They may benefit from the change of US policy after strong sales last month. Specifically, The activities of the main manufacturers German cars, Volkswagen, BMW, Porsche and Mercedes -Benz fell from 15% to 18% during that period.
However, Technical and drug values Europeans may undergo new pressures due to US investigations in the semiconductor and pharmaceutical fields. Particularly, the Giant Drug Danus Novo Nordisk Since this is the largest market for your slim medication, it can be undergoing more study.
The company suffered its worst monthly drop in MarchAfter a continuous disappointment results In their articles. Investors’ worries have been triggered by Trump’s payment threat to pharmaceutical products, which may destroy the profit limits. In technical values, ASML, the largest European manufacturer of chips, will attract attention before its results on Wednesday.
Euro is determined to demand for refuge
In terms of coins, Euro was standard During the Asian session on Tuesday, over 1.13 around its highest level since 2022. Euro has been seen as an active refuge in the amid business shocks operated by Trump’s fees, which triggered a sense of hatred in the global markets over the past month.
He seems to be eur/USD It exceeds 1.14 at a certain time on Monday, and is likely to maintain its upward course due to continuous economic uncertainty. European Central Bank is expected (ECP