U.S. markets cheer as ‘reciprocal’ tariffs struck down

The president of the United States, Donald Trump, has been accused or back to his commercial policies: a Financial Times columnist succinctly described that apparent pattern as “Taco” theory, or “Trump are always chickens.”

The setbacks in tariffs have been largely positive for markets. Now, a Federal Court has noted its “reciprocal” tariffs, the same as Trump suspended, raising the futures of the United States.

Markets in extended trade were already driven by Nvidia Sales figure in the quarter of January. The chips manufacturer registered a 73% increase in the income of its data centers division, which includes artificial intelligence chips and other related components.

General income increased 69% to $ 44.06 billion of $ 26 billion the previous year, and would not have their leg simply for export restrictions to China, Nvidia said.

In other words, the demand for AI chips still boom, despite concerns about companies that do not need so many advanced chips and corporations that spend less due to the uncertainty based on tariffs. And with the courts beginning to control Trump’s commercial policies, it will probably increase commercial feeling, and Nvidia’s income.

However, it is unlikely that Chip’s export restrictions to China retire, since those rules, in the opinion of the White House, are more a matter of national security than “negotiation”, which was how Trump is the rate.

In any case, with recent development, there could be much less treatment for Trump to do it.

Trump ‘reciprocal’ tariffs stuck
The United States International Trade Court blocked Trump’s “reciprocal” rates on countries around the world, which he accompanied in April. In his ruling, the Court said that the International Law of Emergency Economic Powers, which Trump invoked to impose tariffs, does not authorize a president to collect universal tariffs in imports. Separate tariffs on Canada, Mexico and China were related to drug trafficking, “they fail because they do not deal with the threats established in those orders,” the panel wrote a permanent high to the rates in question in the case.

NVIDIA PUBLICA RESPORT OF INCOME despite China’s curbs
Nvidia The first quarter gains exceed LSE estimates. The earnings per share reached 96 tight cents, exceeding 93 expected cents, while the income was $ 44.06 billion students for an interannual jump of 73% in the income of the division of Nvidia data centers. Investors cheered the results, pressing Nvidia’s shares in 4.89% in extended trade. However, export restrictions to China weigh on NVIDIA. “The $ 50 billion market is effectively closed to the American industry,” said CEO Jensen Huang.

‘Negotiation’, does not go back: Trump
Trump retreated Wednesday against the “taco theory.” Describe a pattern that Trump announces new rates, sending the falling markets, and then stops them or lightening them, which makes the markets recover. When CNBC asked about the term, Trump said his movements “call negotiation.”

The markets fell ahead of Nvidia’s profits
The main US indices. UU. They slid on Wednesday as the performance of the Treasure at 30 years Letly touched 5%. However, Futures of US shares. UU. They jumped early on the news that Trump’s “reciprocal” tariffs were attacked by a federal court. Asia-Pacific markets rose on Thursday. South Korea Kospi The index increased 1.8% to 1:45 PM of Singapore, since the Central Bank of the country reduced its interest rate to 2.5% of 2.75%, it is lower since August 2022 and, as expected by a survey of Reuters economists.

Investors are increasingly nervous with debt
SPRADS, OR PREMIUMS, ON US 1-YEAR CREDIT DEFAULT SWAPS-WHICH ARE SENTALY THE COSTS OF INSURING EXPOSURE TO US GOVERNMENT DEBT-WERRE UP AT 52 BASIC POINTS AS OF WEDNAY FROM 16 BASIC POINTS AT TET OF THIS YEAR Leart and Leart and Leart and Learte and Are, and Are Showing and Lear, and are showing and are, and are, and are show, and are, and are show, and are show, and son, and they are show, and they are show, and they are show, and they are show, and they are show, and they are show, and they are show Show, and they are show, and they are shows, and they are shows, and they are shows, and they are show, and they are show, and they are show, and they are shows, and they are showing, which suggests that investors are nervous about the risks of the debt of the finance of the United States. But analysts say that growing premiums are more a speculative game or coverage against risk instead of a sign of imminent financial crisis and insolvency.

Tesla investors want Musk to work more
Tesla Investors wrote on Wednesday a letter to Robyn Denholm, the president of the Board, demanding the CEO Elon Musk to work a minimum of 40 hours per week in the car manufacturer as a condition of any new compensation plan that they can organize for him. The “decrease in sales” and “a global reputation” of Tesla linked to the role of Musk in the US government efficiency department. UU. It is a cause of a serious connection, “wrote the group of pension financiers.

[PRO] Bond yields can still press existences
The yields of the high bonds on Wednesday seemed to help put a shock absorber in the strong start of the stock market of the week, with the performance of the treasure at 30 years backward towards the level of 5% as the S&P 500 stopped. Analysts warn that the bond market could experience a greater relationship, which would put a member in any shares.

XI wants to boost China’s advanced manufacturing skills, Trump doesn’t like them

Forget the factory lines for socks, sports shoes and t -shirts. Trump wants to increase the national production of high -tech products, not clothing or footwear, told journalists on Sunday. However, China is doubling its efforts to reinforce advanced manufacturing, which could put both countries in a collision course.

Last week, the Chinese president, Xi Jinping, reaffirmed his plans for the duration of the growth led by manufacturing, a visit to the province of Northern Henan, pressing a strategy criticized by the US. UU. And the main commercial partners for commercial commercial trade trade.

The manufacturing sector contributed to approximately 25% of China’s gross domestic product in 2023, according to the World Bank. While China’s impulse to expand its manufacturing capabilities is part of its objective of achieving self -sufficiency, especially in high -tech sectors, this could be contrary to Trump’s administrations requires China to address imbalances, experts.