Wednesday, 17 December 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
US President Donald Trump pivots on tariffs again
Friday, 7 March 2025 05:26 WIB | ECONOMY |Amerika

US President Donald Trump hit markets with yet another structural pivot on his tariff agenda, announcing some temporary exemptions for certain sectors, as well as getting his 25% tariffs against Mexico and Canada muddled up with his separate "reciprocal tariff" strategy that is currently slated to come into effect in April. While giving comments to reporters at the White House, President Trump meandered back and forth through several topics.

Details on reciprocal tariffs remain almost entirely absent, other than the Trump administration's insistence that they are definitely happening next month. Donald Trump's haphazard policy approach on whether or not he's imposing tariffs on some of the US' closest trading allies, but then announcing after-the-fact delays or extensions, is leaving many market participants confused about who is actually paying what.

Trumpl announce a new program for shipbuilding soon.
Most tariffs to start April 2nd.
Predominant tariffs will be reciprocal.
Program for building ships will involve incentives.
I am not even looking at the market.
There will be a short term disruption, long term economy very strong.
We can balance the budget next year.
Steel and aluminum tariffs will not be modified, will happen next week.
The big one will happen in April.
Canada and India are high-tariff nations.
We don't need trees, cars, or energy from Canada.
No USMCA exemption for auto tariffs next month.
Trump will make decision soon on Ukrainian TPS status.
We made a lot of progress with Russia and Ukraine in the last 2 days.
I told automakers it was a short-term deal on tariffs.
I would like to start denuclearization talks.
Trump have discussions with Hamas, and helping Israel. Not giving cash.
If NATO countries don't pay, the US won't defend.
NATO countries still not paying enough.
I told automakers not to come back on April 2nd.
We have to protect Japan, but they don't have to defend us.
Ukraine wants a deal.
I am not sure if allies would defend us.
Trump will be going to Saudi Arabia. They have agreed to a large investment.
Trump delays tariffs for all USMCA-compliant goods for both Mexico and Canada.
Trump would probably extend the TikTok deadline.

Source: Fxstreet

RELATED NEWS
Treasury Secretary Bessent forecasts inflation drop in first half of 2026...
Tuesday, 16 December 2025 23:12 WIB

Treasury Secretary Scott Bessent expects a substantial drop in inflation during the first six months of 2026, according to statements made Tuesday on Fox Business. Bessent indicated that an announcem...

US Retail Sales Stagnated on Drop in Motor Vehicle Purchases ...
Tuesday, 16 December 2025 21:16 WIB

US retail sales were little changed in October as a decline at auto dealers and weaker gasoline receipts offset stronger spending in other categories. The value of retail purchases, not adjusted...

US Payrolls Rise 64,000 After October Drop, Unemployment Up...
Tuesday, 16 December 2025 20:59 WIB

US job growth remained sluggish in November and the unemployment rate rose to a four-year high, pointing to a continued cooling in the labor market after a weak October. Nonfarm payrolls increas...

Latest News: Nonfarm Payrolls Rise by 64,000 in November, Beating Expectations of 50,000...
Tuesday, 16 December 2025 20:39 WIB

Nonfarm Payrolls (NFP) in the United States rose by 64,000 in November, according to a report from the U.S. Bureau of Labor Statistics (BLS) on Tuesday. This figure was better than market expectations...

Bessent Says More Fed Interviews This Week, Predicts January Announcement...
Tuesday, 16 December 2025 20:08 WIB

Treasury Secretary Scott Bessent said there will be one or two more interviews this week for the next Federal Reserve chairman, with President Donald Trump likely announcing the next chairman sometime...

LATEST NEWS
Yen Moves Cautiously Ahead of BoJ Decision

The Japanese yen weakened slightly during the Asian session on Wednesday, as investors remained cautious while awaiting the Bank of Japan (BoJ) policy update. Market focus now turns to the two-day BoJ meeting next Friday, which is expected to...

Brent Oil Under Pressure, Market Concerns Over Supply

Brent oil prices stabilized below US$59 per barrel after several days of sharp declines. Market concerns about a global supply glut, driven by the return of production from OPEC+ and other producers, prevented prices from recovering despite...

Silver Stagnant, Investors Await Fed Signals

Silver prices moved within a limited range as investors weighed weak US employment data, which was not enough to fuel expectations of an imminent interest rate cut. The Federal Reserve's cautious stance has kept buying interest in silver from...

POPULAR NEWS
Williams says Fed policy in good position, sees inflation moderating in 2026.
Monday, 15 December 2025 23:13 WIB

New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to...

Stocks Jump in Broad Advance as Investors Bet Data This Week Will Show Strong Economy, Tame Inflation
Monday, 15 December 2025 21:47 WIB

Stocks rose Monday led by a broad array of names as traders bet data set for release this week will point to tame inflation and strong economic...

Asian Stocks Are in the Red Again - A Sign the AI ​​Bubble Is Starting to Burst?
Monday, 15 December 2025 07:30 WIB

Asian markets opened lower in the last full trading week of 2025, fueled by concerns about the prospects for tech company profits and growing AI...

Euro Weakens Slightly, Dollar Slowly Rebounds, Trend Reversal or Just a Breather?
Monday, 15 December 2025 08:23 WIB

Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10%...