Real Vision: Finance & Investing Trump's Tariff Shock, Weak U.S. Data, and ECB Concerns: PALvatar Market Recap, April 2 2025
Apr 2, 2025
The podcast dives into President Trump's proposed 'Liberation Day' tariffs, which could hit 20% on many imports. Investors express concerns over inflation and a slowing economy as U.S. data falters, with manufacturing and job openings declining. The discussion also highlights the faltering European markets and the European Central Bank's worries about trade effects on growth. Stay tuned for insights on how these developments could impact overall market sentiment.
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Trump's Tariffs
- President Trump's "Liberation Day" tariffs are causing market anxiety.
- These tariffs could reach 20% on most imports, impacting inflation and growth.
Bearish Economic Data
- The ISM Manufacturing PMI contracted, showing a decline in business activity.
- Job openings also decreased more than anticipated, adding to bearish sentiment.
Market Reactions in Europe
- European stocks reacted negatively to the tariff news, while the dollar strengthened.
- Gold prices remained relatively stable amidst the market fluctuations.