President Donald Trump’s attacks affect the Federal Reserve Chairman Jerome Powell on the market. Investors make warnings with the assets they buy, especially the sale – and suddenly compartments to the great recession. And everything, from international cash background to billionaire friends in Trump, issues serious alerts about their huge tariff.
After summoning the President of the Federal Reserve (which was appointed in 2018) a “great loser” could not take his “resignation” last week, Trump looked his accent on Tuesday. He said he had “no intention” to refuse Powell After the advisers warned that the refusal of the Central Bank will have a legal and legal impact, according to the familiar sources of the matter, they informed CNN.
“I haven’t contacted him. I can call,” Trump said at the executive signing ceremony in the Oval Hall on Wednesday night. “I think he is making a mistake by not reducing interest rates, and I think, as we go, we can improve a lot.”
On Wednesday, Trump said he could pay “mutual” prices in some countries within just two or three weeks. The president had set a 90 -day break in his huge mutual tariff, which is technically not mutual earlier this month to stimulate negotiations with other countries.
“In the end, I think what will happen is that we will have great agreements, and by the way, if we do not have a deal with a company or a country, we will create the fare,” Trump said at an oval party. “I would like to say in the coming weeks, don’t you think so? I think so. In weeks, three weeks. We will set the number.”
If he redirects the customs tariffs, it will serve as a large ricclic in the World Trade War. Investors began a strong decline on Monday after Trump’s attacks on Powell. The dollar fell to at least three years, and closed almost all Dow and S&P 500 companies.
The modest measures were told on Tuesday after Treasury Secretary Scott Beesente told investors that the US -Chinese trade war was not sustainable and that the battle expects to decrease, according to a person familiar with the matter of the matter. CNN.
The procedures were operated on Wednesday, but Trump still has a long way to alleviate investor concerns. Despite the recovery for two days, the S&P 500 has lost $ 6.5 trillion in the market value since its historical Maxim in February, according to the S& P Jones Senior S & P Jones.
Meanwhile, the total oil in the United States has decreased, where investors feared that the recession could reduce demand. The American Treasury titles, which are negotiating in the opposite direction of prices, have entered into recent weeks.
The International Monetary Fund issued a severe alert to the global economy and the American prosperity in a report on Tuesday. The International Monetary Fund said: “We are entering a new era, as the global economic system that operates in the past eighty years is redefined,” and economic growth is expected quickly – especially in the United States – and American inflation.
The Customs Authority in South Korea also stated that the first 20 days of April decreased by 5.2 % compared to the same period last year – a sign as global trade is heading under the Trump definition agenda.
Billionaires are increasingly loud about the economic consequences of Trump’s definitions. The CEO of the Castle Castle Castle, Ken Griffin, a supporter of the presidency, said on Wednesday that the customs tariff is harmful to the position of America in the world.
“The United States has been more than just a nation. It is a brand. It is a global brand, whether our culture, financial strength, and military strength,” Griffin said at the top of the global economy in Sephor in Washington. “We are eroding this brand now.”
Griffin joins the list of wealthy business leaders who differ from the president. Last week, Ray Dalio, founder of Bridgel Associated, one of the world’s largest wallpapers in the world, said that Trump’s tariff helped to push America near the recession – or perhaps “worse.”
