CNBC's "Fast Money" Markets Rip Higher On Tariff Pause… And Why China Isn’t Getting Any Relief 04/09/25
Apr 9, 2025
Join Howard Lutnick, the Commerce Secretary and trade policy expert, as he dives into the implications of President Trump's tariff pause. He discusses stock market surges and the skepticism surrounding their longevity amidst U.S.-China tensions. Lutnick sheds light on Walmart's strategic positioning in uncertain times and examines how pharmaceutical tariffs could reshape industry dynamics. As trade negotiations evolve, get insights on how these economic shifts may influence both markets and everyday consumers.
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Market Influence on Tariff Decision
- The stock market's reaction likely influenced the administration's tariff decision.
- The bond market's anxiety and Jamie Dimon's recession warnings were cited by Trump.
Treasury Market Moves
- The treasury market's moves are significant, with the 10-year yield rising.
- This rise suggests market uncertainty and a potential flight from balance sheet.
Addressing Trade Imbalances
- The administration aims to address fundamental trade imbalances.
- Trump's goal is to bring back the ability to trade fairly with America.