US President Trump posts "..Companies are thriving because of TARIFFS. The United States of America has taken in Hundreds of Billions of Dollars, and quadrupled (at least) National Security, all as a result of the Economy Saving TARIFFS!"
President Trump's comments emphasize the perceived economic benefits of tariffs, particularly in shaping domestic production and national security.
Japanese Inflation Rate Ex-Food and Energy YoY (Jan) Y/Y 2.6% (Prev. 2.9%)
Japanese Inflation Rate MoM (Jan) M/M -0.1% (Prev. -0.1%)
US President Trump posts "..Companies are thriving because of TARIFFS. The United States of America has taken in Hundreds of Billions of Dollars, and quadrupled (at least) National Security, all as a result of the Economy Saving TARIFFS!"
New Zealand provides a Russia sanctions update which includes a designation of 23 individuals, 13 entities, and 100 vessels, while it lowered the oil price cap on Russian oil from USD 47.60/bbl to USD 44.10/bbl
PRE-MARKET AUSTRALIAN STOCKS NEWS: Earnings from Inghams, Perseus Mining, QBE, Qube, Rio Tinto & St Barbara
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Full post: "ScraperJust left Coosa Steel Plant, in Rome, Georgia, which is now working 24 hours around the clock, after it was down to just one hour a year ago. It is like that up and down throughout the Country — Companies are thriving because of TARIFFS. The United States of America has taken in Hundreds of Billions of Dollars, and quadrupled (at least) National Security, all as a result of the Economy Saving TARIFFS!"
This rhetoric may heighten expectations around continued protectionist policies, impacting Forex and commodity markets, particularly in sectors like steel and manufacturing, while also potentially influencing market sentiment regarding U.S. trade relations and economic growth.
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