The markets continued to shake on Tuesday as Trump administration officials were trying to calm anxious investors. The last to try to reverse recent volatility was the secretary of trade Howard Lutnick, who appeared on CNBC to refer to a possible commercial agreement.
“I have concluded an agreement, done, done, but I must wait until their Prime Minister and their Parliament give his approval, which I am waiting for a little bit,” said Libnick, supporting actions, although he refused to specify if he was referring to Canada, the United Kingdom or another country.
The S&P 500 ended up increasing 0.58% the day after a dull performance on Monday, which has always experienced a small improvement compared to recent decreases.
Continuous uncertainty
Despite Tuesday's market increase, Trump officially closed the first 100 days of his second term with one of the worst departures for a president in almost a century, and the strongest decline since Gerald Ford took over for Richard Nixon 50 years ago.
Trump's aggressive and faithful prosecution of large -scale prices, including against the American allies, frightened investors, although the appearance of Tuesday's Libreick was part of what seems to be a wider march of the administration. From January 20 to the end of April, the S&P dropped by almost 8% – a shocking performance given the excitement of investors about the return of Trump to his functions, in particular by his ferric supporters such as Elon Musk. Tesla is still a 50% reduction on its December summit, although the recent Musk retirement from its government ministry has led the stock of the stock.
Even if Trump officials strive to restore confidence in the markets, large companies continue to express their prudence as to the impact of prices on daily prices. A large part of the Tuesday news cycle was centered on a report that Amazon was planning to display tariff costs for consumers on each product – a decision that the company denied after the White House called the “Hostile and Political” plan and Trump and Trump called The founder Jeff Bezos. Amazon's shares decreased by 0.17% during the day.
However, other rear winds could stimulate future market performance. Late Tuesday afternoon, the Wall Street Journal reported that Trump is expected To soften car rates by preventing rights on foreign manufacturing cars to accumulate on other prices and reduce taxes on certain foreign parts used to make cars in the United States
If it is implemented, this decision would represent a reprieve for car manufacturers, pursuing Trump's policy to create cuts for specific industries, as it did earlier for phones, computers and fleas. Apple was a beneficiary, her shares earning almost 3% in last week. Ford's shares won more than 1% in the last day, although General Motors' shares dropped approximately 0.6% on Tuesday.
While Trump administration decisions continue to whip investors, other countries are looking for stability. On Monday, the liberal wing of Canada claimed a political return with former central banker Mark Carney catapulted the Prime Minister's office after he seemed that his party would lose due to the unpopularity of his predecessor, Justin Trudeau. Voters' support in Carney, who criticized Trump's hard rhetoric against Canada, was a strong reprimand for protectionist policies in the United States government.
This story was initially presented on Fortune.com
