Trump Announces New Tariffs on Mexico, Canada, and China Amid Warnings of a Trade War
U.S. President-elect Donald Trump announced on Monday plans to impose a 25% tariff on all imports from Mexico
and Canada to the United States as part of his first executive actions upon taking office.
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Trump also stated his intention to impose an additional 10% tariff on goods imported from China.
This reflects a tough trade policy aimed at boosting domestic production and reducing reliance on imports.
In response, the Chinese embassy in Washington issued a statement warning
that any escalation in tariffs would harm the shared interests of all parties.
It emphasized that engaging in a trade war would benefit none of the involved nations.
Deutsche Bank
“Deutsche Bank: S&P 500 Could Reach 7,000 Points by the End of 2025″
Economists at Deutsche Bank predicted that the S&P 500 index will continue achieving historic levels,
potentially reaching around 7,000 points by the end of next year.
This projection is driven by a surge in strong buying activity in U.S. stocks.
The report noted that share buybacks, one of the key market stimulants, are expected to grow significantly.
These operations are forecast to increase from $1.1 trillion annually to $1.3 trillion by 2025,
reflecting corporate optimism about the sustainability of U.S. economic growth.
Deutsche Bank analysts highlighted the ongoing strength of the U.S. economy,
supported by upcoming administration policies such as potential tax cuts and regulatory easing.
These measures will boost economic activity and further support the markets.
They affirmed that the balance of supply and demand factors for U.S. equities will remain favorable for the index’s growth,
predicting that the S&P 500 will continue its historic climb to 7,000 points by 2025,
driven by sustained confidence in economic performance.
Trump Announces New Tariffs on Mexico, Canada, and China