The deadline of February 1st by Donald Trump for the first round of Canada, Mexico, and China is that economic observers and leaders around the world are planning to plan in uncertainty. I will approach within.
On Thursday afternoon, Trump repeatedly plans to impose a 25 % tariff on imports from Mexico and Canada, and repeated warnings to US top US trade partners. But he still added uncertainty saying that some rules were undecided.
“We may do so or not,” Trump told the White House reporters if tariffs would be applied to oil. “I will probably make that determination tonight.”
This is the latest comments of a series of comments from the recent president and his commercial secretary, and has not been clearly clarified, and many have left a waiting mode.
According to Charles Schwab’s Kevin Gordon, uncertainty has already made business decisions, with the effect of the 10 -hour trade war with Colombia last weekend. You may be considering it.
Read more: The latest news and update that Trump’s tariff deadline is approaching
“The nature of the policy drafting is the fact that companies can retreat and stop spending,” he said in a live conversation at Yahoo Finance.
He added that business expenditures had dropped significantly, both in the last round of Trump in 2018 and 2019, and the brink of business.
President Donald Trump talks to reporters in the White House about the aerial collision between American Airlines and Washington’s military helicopters on Thursday. (Celal Gunes /Anadolu via Getty Images) ・Anadol via Getty Image
Canada and Mexico leaders have expressed confusion and frustration about what they can do, and Trump has promised 25 % of tariffs this Saturday on immigration and illegal Fentanyl issues. 。
China may also have 10 % of these issues.
The remarks from Trump’s administration have been carefully monitored this week, but comments are rarely clarified.
Secretary of Commerce, Howard Lutonic, provided materials on both sides of the discussion.
Lutonic, who is planning to become Trump’s top trade official, started a confirmation hearing of the Senate this week, describes his duties “I like it completely”, and I think they are preferred when dealing with countries like Mexico. I quoted the reason specifically.
However, in response to different questions, he reminded that the Trump administration had a clear short -term outlamp, and called the overall plans and “separation” this weekend.
He also said in the case of a place like Mexico, at least, to close the borders for the solid migration and illegal drugs, at least for now.
La Historia Continua
At a press conference at the National Palace in Mexico City on January 28, President Mexico Claudia Shaeinbaum (Alfreda Estlella by Getty Image/AFP) ・Alfreda Aestrella via Getty Image
Finance that the newly confirmed Finance Secretary Scott Bessent is promoting a market -friendly plan that begins with a low level of 2.5 % of Trump plans for universal tariffs starting at a low level of 2.5 %. Following the Times report, we came around another Monday.
However, Trump himself immediately poured cold water into the idea when he talked to the Air Force 1 reporter.
The lack of clarity has left a wide range of officials in the waiting mode, from the Fed Chairman Jerome Powell to President Mexico.
“We are going to watch carefully,” Powell offered on Wednesday. Central bankers added that the range of possibilities remained “very, very wide”, and it was not yet known how the duties were filtered by US consumers.
Regarding Mexico’s President Claudia Sheinbaum, she asked about 25 % of tariffs this week and offered, “I don’t think it will happen … but if so, we have a plan.” 。
Similarly, Canadian Prime Minister Justin Trudeau warned on Wednesday that his government is preparing for a strong response if the United States is imposing tariffs on his country.
Economist predicts that Trump will move forward in tariffs in the two countries, and to maintain them properly, can boost both into recession.
Regarding the market and the US economy, Matthew Lutzette, the German Bank’s Chief Economist, has a live interview with Yahoo Finance on Thursday, although Trump in Canada and Mexico tends to “grow up. This year, we tend to raise the pressure of inflation. “
“They are in waiting mode,” he added a Fedable monetary policy measures to compete with Powell and obligation.
And if the situation is not enough, Wolf’s research Tobin Marcus is provided in a new memo on Thursday, and when he sees these tariff threats, especially when Trump moves forward in Canada or Mexico. Observer also said that it was necessary to weigh the weight.
He wrote that the wave of the threat (the problem of drugs and migration) is clearly classified as a “negotiated tool” bucket. “”
However, Marcus, like many people on Thursday, certainly had no expectation to expect this weekend, but he decided to introduce tariffs at the time of Trump and his team. I emphasized that it was.
“In China, like a global tariff,” he wrote, “Our mantra remains” big but slow. ” “
Ben Versukuru is a correspondent in Yahoo Finance Washington.
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