THREAD: trumps tarifs on imported cars

“TRUMP’S Tariffs Spark Gold Rush: Investors Flock to Safety”

02 April 2025 — Gold prices soared to near all-time highs after President Donald Trump announced reciprocal tariffs. Investors rushed to gold as a safe-haven asset amid rising trade tensions. The precious metal hit a record peak of $3,148.88, marking an increase of over $500 in 2025 alone.

Wall Street showed resilience as stocks edged higher despite Trump’s looming tariff announcements. While the market felt some relief, uncertainty lingers about which sectors will be most affected by these new trade policies. Concerns remain about potential economic slowdowns from these tariffs.

The U.S. dollar weakened against major currencies as traders awaited more details on Trump’s tariff plans, called “Liberation Day.” This anticipation has already impacted international trade and financial markets globally. Meanwhile, the EUR/USD exchange rate climbed near 1.0820 due to the dollar’s decline and ongoing market anxieties over impending tariffs.

In other financial news, Newsmax stock plummeted 77% after an initial post-IPO rally of 2,550%. Despite reporting significant losses in 2024, the stock’s volatility continues to attract risk-seeking investors looking for high-stakes opportunities in a turbulent market environment.

STOCK MARKET Chaos: US Faces Economic Fears as Tariffs Loom

01 April 2025 — U.S. stocks took a nosedive today as President Donald Trump’s “Liberation Day” approaches, bringing potential tariffs on Canadian steel and aluminum imports. Analysts warn these tariffs could trigger a market downturn and increase recession risks. Wolfe Research has already revised U.S. growth estimates for 2025 down to 1.6%.

Retail giant Kohl’s experienced its worst trading day since 1992, with stocks tumbling by 26% after issuing disappointing guidance for the year. Investor anxiety is also heightened by an upcoming House vote on a stopgap funding bill, adding to market volatility.

The Dow Jones Industrial Average has fallen 8.3% from its peak, raising concerns about the tech sector’s performance compared to the S&P 500. Investors are bracing for further shifts as policy decisions unfold in the coming days amid fears of reduced earnings across sectors due to new tariffs and declining consumer confidence.

TRUMP’S Tarif Actions Spark Gold Rush Over $3,100

31 March 2025 — Gold prices have soared past $3,100 per ounce for the first time. Concerns over President Donald Trump’s tariffs and geopolitical tensions are pushing investors to seek safety in gold. This surge shows market anxiety about potential economic impacts from U.S. policy changes.

President Trump plans to announce a new round of tariffs on Wednesday, dubbing it “liberation day.” These actions are expected to significantly influence currency markets. ING analysts suggest that the USD might benefit from these tariff announcements as global trade dynamics shift.

Meanwhile, futures markets are dipping as investors brace for upcoming tariff implementations and their broader economic effects. The uncertainty surrounding these policies is causing volatility across various financial sectors.

In related news, China’s major state-owned banks are raising substantial funds to support their economy amid global financial shifts. Beijing’s support highlights the interconnectedness of international markets during this period of heightened tension and change.

TRUMP’S Bold Stance on Auto Price Hikes and Global Diplomacy Revealed

31 March 2025 — President Donald Trump recently declared he “couldn’t care less” if foreign automakers hike prices due to his auto tariffs. This bold move shows his commitment to putting American interests first, despite foreign economic pressures. Trump also confirmed he won’t fire anyone involved in the Signal group chat controversy.

Internationally, Iran has rejected direct nuclear talks with Trump but is open to indirect discussions. The President has warned of military action if Tehran doesn’t agree to a nuclear deal with Washington, highlighting his strong approach to national security and diplomacy.

Trump criticized Russian President Vladimir Putin and warned of secondary tariffs on nations buying oil from Russia amid Ukraine tensions. These potential tariffs are part of Trump’s broader strategy as he nears an April 2 deadline for major tariff actions against adversaries while staying open to negotiation deals.

Domestically, Republicans face challenges as Democrats aim for gains in Florida’s Sixth District despite Trump’s past success there. Meanwhile, Trump withdrew Congresswoman Elise Stefanik’s nomination for U.N. ambassador amidst a slim GOP House majority and upcoming special elections, underscoring internal party dynamics and strategic shifts before future political battles.

TRUMP’S Tariff Moves Spark Gold Rush to Record High

28 March 2025 — Gold prices have hit a record high of $3,059. President Trump’s tariff policies have reignited trade war fears. Investors are turning to gold, a traditional safe-haven asset, as global trade tensions rise and stock markets become volatile. Trump’s new auto tariffs add to the uncertainty, driving gold prices up.

In other financial news, over 3 million Americans will see a Social Security boost in April 2025 due to the repeal of WEP and GPO under the Social Security Fairness Act. This law restores full benefits for public sector retirees and others with non-covered pensions, providing relief for many citizens.

Meanwhile, foreign institutional investors made significant net purchases worth Rs 11,111 crore on March 27. This marks the highest single-day inflows in 2025 so far. The Nifty and Sensex indices resumed their uptrend driven by strong buying in heavyweight financial stocks like HDFC Bank and Reliance Industries.

Financial expert Jim Cramer advises investors to consider GSK plc for its promising stock prospects amid growing artificial intelligence investments. With a yield of 4%, Cramer suggests that GSK could be a solid addition to investment portfolios during these uncertain times.

TRUMP’S Targeted Tarif Plan Ignites Stock Surge

24 March 2025 — Global stocks soared on Monday, fueled by gains in U.S. markets. Reports suggest President TRUMP’s tariff strategy is more targeted than expected, boosting investor confidence and risk appetite.

U.S. Treasury yields rose with the optimistic outlook on tariffs. Investors hope a targeted approach will ease potential economic disruptions. The market’s reaction shows strong support for Trump’s strategic trade policy shift.

Meanwhile, the IRS expects a significant drop in tax revenue — over 10% by April 15th — according to the Washington Post. This decline raises concerns about fiscal health and future government funding.

In currency markets, the dollar strengthened against both the euro and yen as U.S. business activity improved in March. Bitcoin analysts predict a potential surge to $110K before any major correction, reflecting ongoing interest in cryptocurrency markets.

TRUMP’S Bold Move: How NEW Tariffs Rattle the Stock Market

15 March 2025 — U.S. stocks fell sharply as President Donald Trump’s tariffs on Canada and Mexico took effect, sparking economic fears. Investors worry about the potential impact amid existing uncertainties. Analysts warn of a possible recession, urging caution in market activities.

The S&P 500 and Nasdaq composite saw major drops, hitting technology stocks hard. Companies across sectors are revising forecasts due to these new trade policies. Experts suggest these tariffs could worsen inflation and reduce consumer spending soon.

These tariffs are part of Trump’s broader trade agenda to boost U.S. manufacturing but risk retaliatory actions that may harm American businesses and consumers. The market remains bearish as analysts closely watch for policy fallout effects.

TRUMP’S BOLD 200% EU Wine Tariff Threat Sparks Trade Showdown

13 March 2025 — President Donald TRUMP has announced a potential 200% tariff on European Union wine and liquor. This decision comes in response to the EU’s proposed 50% tariff on American whiskey. The move heightens trade tensions between the U.S. and its traditional ally, the EU.

American retailers are worried about how these tariffs might affect consumers. They warn that such measures could lead to higher prices for imported goods, adding pressure to an already strained economic relationship with Europe.

The Trump administration’s approach shows a broader strategy of using tariffs as leverage in international trade talks. These actions aim to fix perceived imbalances in trade agreements with global partners. However, critics argue they may harm both businesses and consumers at home.

TRUMP’S BOLD Trade WAR: Tariffs on Canada, Mexico, and China

05 March 2025 — President Donald Trump has reignited trade tensions by imposing new tariffs on Canada, Mexico, and China. These include a 25% tax on imports from Canada and Mexico and a 10% tariff specifically targeting Canadian energy products. This move is expected to provoke swift retaliation from these nations.

Trump argues that trade disputes with these countries have harmed U.S. interests. China’s national legislature criticized the tariffs, stating they damage both economies and undermine mutually beneficial trade relations. Canadian Prime Minister Justin Trudeau questioned the rationale behind the tariffs, suggesting they aim to weaken Canada’s economy.

Financial markets reacted negatively to the announcement, raising concerns about inflation and uncertainty in international trade relations. Analysts warn this could lead to broader economic conflicts affecting both U.S. and global economies.

Mexico and Canada have yet to respond publicly but are expected to address the issue soon in press conferences. Lawmakers in Congress express concerns over potential fallout from such aggressive measures while international trade organizations closely monitor the situation for its global economic impact.

TRUMP’S Trade WAR: Global Markets in Chaos

05 March 2025 — President Donald TRUMP’s recent tariffs have sparked swift retaliation from Mexico, Canada, and China. These actions have thrown financial markets into chaos, raising fears of inflation and uncertainty for businesses.

Imports from Canada and Mexico now face a 25% tariff, with Canadian energy products specifically taxed at 10%. This move has heightened global trade tensions significantly.

China responded quickly to the U.S. tariffs, escalating an already heated international dispute. A Chinese spokesperson warned that these measures could harm the U.S. economy by disrupting beneficial trade relations.

Analysts worry about potential backlash against U.S. exports as these trade disputes unfold. The situation is seen as a risky maneuver that might reshape global trade dynamics and impact both consumers and businesses in the long run.

TRUMP’S Bold Move: UK Could Dodge US Trade Barriers

27 February 2025 — Donald Trump praised UK Labour leader Keir Starmer for his effective lobbying during a recent meeting. Trump described the encounter as “tremendously productive.” This hints at a possible exemption for the UK from new US tariffs.

Trump expressed optimism, stating there is “a very good chance at arriving at a very good deal.” This suggests positive developments in US-UK trade relations. The meeting also touched on foreign policy issues, especially concerning Ukraine.

The talks could signal big shifts in transatlantic ties as both nations navigate complex political landscapes. Trump’s remarks highlight potential changes in US trade policy favoring the UK.

Such developments may have far-reaching effects on both countries’ political and economic environments, strengthening their relationship even further.

“TRUMP BLOCKS NYC Congestion Plan, Sparking Heated Debate”

22 February 2025 — The TRUMP administration has announced plans to block New York City’s congestion toll program. This initiative aimed to charge drivers entering Manhattan to reduce traffic and improve air quality. Critics argue it unfairly impacts lower-income drivers who depend on their vehicles.

Federal officials worry about the toll’s economic impact on residents and visitors, leading them to halt its implementation. The move has sparked a political debate, with supporters saying congestion pricing is crucial for funding public transportation and reducing pollution.

Opponents of the administration’s decision are organizing protests, arguing it undermines local governance and New York City’s ability to tackle transportation challenges. New York’s mayor expressed disappointment, stressing the need for innovative traffic solutions.

Congressional leaders from New York have vowed to oppose what they see as federal overreach in local matters. The outcome could influence urban policy nationwide as cities look for ways to modernize transportation and address climate change concerns.

“TRUMP’S Steel Tariffs Ignite Fears Among UK Businesses”

17 February 2025 — President Donald TRUMP plans a 25% tariff on steel imports, causing unease in the UK. The move, described as “without exceptions,” has led UK shadow business secretary Andrew Griffith to urge negotiations for an exemption. The Department for Business and Trade warns these tariffs could harm UK steelmakers by allowing cheaper imports to undercut them.

A survey shows 37% of UK entrepreneurs fear increased operational costs due to TRUMP’s proposed tariffs. With the US accounting for 22% of the UK’s total exports, the potential impact is significant. Entrepreneurs worry about staying competitive amid these new financial pressures.

In response, the UK government is taking steps to bolster its steel industry through a Plan for Steel Consultation initiative. This strategy includes up to £2.5 billion aimed at protecting jobs and fostering economic growth within the sector. These efforts highlight ongoing challenges in international trade relations between the US and UK under TRUMP’s tariff policies.

TRUMP’S Bold Trade Plan Sends Global Markets Into Turmoil

14 February 2025 — President Donald TRUMP is set to announce new reciprocal tariffs on Thursday. These tariffs aim to match the tax rates other countries impose on U.S. imports. This move is part of Trump’s strategy to reshape international trade and counteract barriers that hurt American businesses.

Trump’s plan has sparked discussions among global trading partners, potentially impacting economic relations and market stability. The announcement follows a memo he signed, directing his team to calculate duties that align with those charged by other nations.

In addition to trade policy changes, the Trump administration has started workforce reductions across federal agencies, affecting recent hires in departments like Education and Energy. These actions reflect a broader agenda focused on reducing government size and boosting efficiency.

Meanwhile, Southern California faces severe weather threats as heavy rains prompt evacuations due to potential debris flows in wildfire-scarred areas. Residents are urged to stay alert as CalTrans crews work tirelessly to reduce flooding risks in affected regions.

GOLD PRICES Soar: Trump’s Trade Policies Spark Investor Panic

12 February 2025 — Gold prices are reaching near record highs after President Donald Trump announced new tariffs on major trading partners like Canada, China, and Mexico. Analysts predict gold could soon hit an all-time high of $2,850 an ounce as these tariffs stir up market volatility.

Peter Cardillo from Spartan Capital Securities noted that central banks are quickly buying gold due to worries about inflation and economic stability. This rush to gold shows investor fear amid the uncertainty caused by the tariff announcement.

Trump’s trade policy aims to boost U.S. industries but has raised concerns about possible retaliatory actions from affected countries, complicating global trade dynamics. The financial community is closely watching the impact of these tariffs as international tensions rise.

Market analysts expect commodity prices, especially precious metals, to stay volatile in response to ongoing geopolitical and economic changes. Investors should stay informed as the situation unfolds rapidly.

GOLD PRICES Skyrocket: Trump’s Bold Tariffs Spark Investor Panic

11 February 2025 — Gold prices have soared to nearly $2,950 per ounce after President Trump announced new tariffs on steel and aluminum imports. Investors are rushing to gold, seeing it as a safe haven amid fears of a global trade war. This surge shows rising concerns about market instability and potential economic fallout.

The tariffs have caused big swings in both commodities and stock markets, with gold seeing the most dramatic rise. Analysts caution that these actions might lead to retaliation from other countries, making international trade relations even more complex.

Investors are keeping a close eye on U.S.-China trade talks since any changes could affect gold’s future path in the market. The situation is still developing, leaving many worried about the wider effects on global economic stability.

TRUMP’S Bold Move: Ending Canadian Trade Loophole Shakes Up Business

07 February 2025 — Canadian businesses are facing new challenges as the U.S. ends the “de minimis” rule for duty-free imports. This change, driven by former President Donald Trump’s executive order, will now impose tariffs on goods that were previously exempt due to their low value.

Sheena Russell, founder of Made with Local in Dartmouth, N.S., is worried about rising costs affecting her snack food business. With the executive order taking effect next month, companies are bracing for higher expenses and more administrative hurdles.

This development comes when businesses are already dealing with various economic pressures. The end of this loophole is expected to cause a demand shock as Canadian companies adjust to the new trade landscape.

TRUMP’S Trade Shake-UP: Canadian Businesses Brace for Impact

07 February 2025 — Canadian businesses face new challenges as former President Donald Trump’s executive order ends the DE MINIMIS exemption for shipments entering the U.S. from Canada. This change, along with looming tariffs on Canadian goods, worries business owners. The exemption previously allowed cost-effective shipping with minimal duties, easing cross-border trade.

Sheena Russell, founder of Made with Local in Dartmouth, N.S., voiced her concerns about these changes. Businesses now expect higher costs and administrative hurdles as they adapt to new tariff rules. Compliance complexities may force significant adjustments in operations and pricing strategies for many companies.

The impact is especially troubling for small to medium enterprises that may struggle with these added burdens. The broader implications could hit the Canadian economy hard, highlighting the need for strategic planning by affected businesses. Leaders are preparing to navigate this tough landscape while seeking ways to lessen potential negative effects on their operations and profits.

TRUMP’S Trade WAR Ignites Gold Rush And Market Turmoil

03 February 2025 — Gold prices have hit a record high as investors flock to safe assets amid President Donald Trump’s new tariffs. These measures target imports from Canada, China, and Mexico, sparking worries about inflation and economic growth. JP Morgan is optimistic about gold, urging investors to buy during this dip.

Wall Street braces for losses due to fears of an escalating trade war from Trump’s tariff actions. The 25% tariffs on Canada and Mexico and 10% on China may cause “short-term” pain for Americans, according to Trump. Global markets watch cautiously as these policies unfold.

Oil prices are climbing in response to the tariffs, while metal and agricultural commodities face pressure downward. The financial landscape is shifting with markets adjusting to a potential prolonged trade conflict led by the U.S., causing the dollar to gain strength amid global trade uncertainty.

TRUMP’S Bold Trade WAR: New Tariffs Spark Economic Jitters

02 February 2025 — President Donald Trump has announced a 25% tariff on goods from Canada and Mexico, and a 10% tariff on Chinese products. This bold move is expected to provoke retaliation, raising fears of a broader trade war. Republicans largely support the decision, but industry groups and Democrats warn of possible price hikes that could worsen inflation.

The tariffs are likely to affect multiple sectors, sparking discussions about inflationary pressures and reduced consumer spending. Economists worry about the impact on market stability and growth. The political landscape is divided, with some lawmakers backing the tariffs as protection for American industries while others worry about international relations and domestic prices.

Analysts caution that retaliatory measures could escalate tensions further, leading to an unstable economic environment if not managed carefully. This development highlights ongoing international trade tensions with significant implications for America’s future economic stability. As this situation unfolds, it remains crucial to monitor its effects on both domestic markets and global economic relations.