Tariff policy

4E: Expectations of trade easing ignite the market, with US stocks and the crypto market soaring

ChainCatcher news reports that according to 4E monitoring, Trump made remarks on Tuesday indicating a softening of tariff policies, stating that the tariffs on China are too high and that a significant reduction in rates is expected. With optimistic expectations for China-U.S. tariff negotiations, global trade tensions eased, boosting risk sentiment and leading to a surge in U.S. stocks. The S&P 500 rose by 2.5%, the Dow Jones increased by 2.66%, and the Nasdaq climbed by 2.71%. Major tech stocks recovered from the previous day's losses, with the seven giants index rising by 2.84%.The cryptocurrency market saw a collective rise, with Bitcoin continuing its strong performance. After breaking through the $90,000 mark last night, it accelerated its rise and, following Trump's retraction of his earlier threat to fire Federal Reserve Chairman Powell, it briefly approached $94,000 this morning, reaching a new high since early March, currently reported at $93,063, with a daily increase of 5.6%. Ethereum reversed its recent downturn, surging by 14% and breaking through $1,800. The altcoin market also rose collectively, with the total cryptocurrency market capitalization increasing by 5.4%.In the forex commodities market, the U.S. dollar index rebounded significantly by 0.65%, and international crude oil rose nearly 2%; as risk appetite improved, international gold prices, which had reached new highs for several consecutive days, retraced some gains, with spot gold down 1.25%.Trump's remarks on tariff softening and his moderate stance on Powell shifted the investment atmosphere from previous concerns to optimism. Moving forward, the progress of trade negotiations and the direction of Federal Reserve monetary policy will become the focus of attention.

CNBC: The United States announces an investigation into the import of chips and electronic products

ChainCatcher news, according to CNBC, the U.S. Department of Commerce is conducting a national security investigation into the import of semiconductor technology and related downstream products. Official documents call for public comments on the investigation, further confirming that the chip and electronics supply chain will not be excluded from President Donald Trump's tariff plan, although Trump stated on Friday that many of these products are not subject to his "reciprocal tariffs."As part of the investigation, the U.S. Department of Commerce will examine the "feasibility of increasing domestic semiconductor capacity" to reduce reliance on imports, as well as whether additional trade measures, including tariffs, are "necessary to protect national security." The investigation covers a wide range of items, including chip components like silicon wafers, chip manufacturing equipment, and "downstream products containing semiconductors." Semiconductors play a role in nearly all types of modern electronic products, so this investigation has significant implications for Trump's global trade war aimed at boosting U.S. manufacturing.Despite granting exemptions for a range of electronic products, Trump and some of his officials indicated over the weekend that this exemption is only temporary and is part of a separate tariff plan for the industry.
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