Wall Street has closed with a mixed sign (Dow Jones: -0.37%; S&P500: -0.07%; Nasdaq:+0.03%) This Tuesday after Donald Trump Threaten to impose new tariffs, in this case 200% to pharmaceutical products and 50% to copper importsand ensure that «probably» will send a letter to the European Union (EU) with the rates that you will have to pay in the next two days. Besidesthe president has ruled out the possibility of offering a new extension to the implementation of tariffs, which in this way will enter into force on August 1. «According to the letters sent yesterday to several countries, in addition to the letters that will be sent today, tomorrow and during the next period, Tariffs will begin to be paid on August 1, 2025. There have been no changes on this date or there will be. In other words, all money must be paid as of August 1, 2025. Extension will not be granted, «he explained in his social network, truthsocial.»We have returned to the starting point in terms of the United States tariff disastersince the country has begun to send letters to countries revealing its tariff rates, and rates do not seem very different from those announced in the so -called 'Liberation Day': 25% for South Korea and Japan, 25% for Malaysia, 30% for South Africa and 40% for Myanmar and Laos Bank. United Kingdomwith a 10%tariff. «The EU It could also implement a 10 % tariff this week, which would be a great advantage. But for the rest, Tariffs do not paint well and the three -month risk rebound is in danger«.»The extension of the term is not good news, in itself. It simply increases uncertainty. It is another sign that the deadline will not be a dividing line, and that the tariffs established in the next few days and weeks will not be immovable either. They will be constantly modified (They will go up, go down) and They will be used as threat in any situation«Adds Ozkardeskaya. For its part, from Link Securities, they point out that, although they see favorable the fact that the Trump administration has extended the deadline to continue negotiating, They continue to doubt the true intentions of the US governmentthat is, «if this aggressive tactic is a negotiation technique or if, on the contrary, the objective is to apply rates elevated to all its commercial partners, which could become in a 'commercial war' in full rulewith consequences for world economic growth and unpredictable inflation. «For now, what seems evident is that Both consumers when spending and companies when investing are still in the «limbo»which will undoubtedly condition your decisions, something negative for all the economies involved. «For now, It will be the 'rates' factor that continues to condition the behavior of the different financial marketsfor better and for worse, depending on what they are 'communicating' Trump and his team in terms of tariffs in the next few days. This uncertainty will also move to central banksgreatly complicating their decisions in matters of interest rates, since, depending on the final level of tariff Bank of America has raised its price for the S&P 500 from 5,600 to 6,300 points By the end of the year, which represents a 1.1% rise compared to the closing of Monday.
Outstanding references
From the macro point of view, and throughout the next sessions, investors will know the Fed Minutes (Wednesday), after the president of the Central Bank, Jerome Powell, anticipated the return of interest rates before the end of the year. Likewise, the Weekly unemployment dataa good approach to the evolution of the country's labor market.
Other markets
In other markets, oil West Texas has risen 0.82% ($ 68.49) and Brent has added 1.02% ($ 70.28). For its part, the euro 0.12% ($ 1,1722) has been appreciated, and ounce of gold has lost 0.88% ($ 3313). In addition, the 10 -year American Bonus Profitability It has revalued 4,413% and the Bitcoin has won 0.66% ($ 108,857).
