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American consumers feel the pinch of Trump prices

remon Buul by remon Buul
April 29, 2025
in Business
0
American consumers feel the pinch of Trump prices

A store at a dollar on April 1, 2024, in Lansing, Michigan, United States

Spencer Platt | Getty Images News | Getty images

The prices were unleashed – and temporarily, almost capricious, interrupted – by American president Donald Trump gave governments around the world a headache when they determine how to minimize the disturbances of their economies. But the American consumer, ironically, could be the true victim of prices.

During the weekend, TEMU, a Chinese e-tailer known to offer articles that respect portfolios, hiking prices, citing “import costs”. The analysis of Gabrielle Fonrouge of CNBC and Annie Palmer noted that these costs can cost more than the articles themselves and finally double the price of a typical order.

Something worse than price increases, it is when daily necessities are not available for purchase. Some American stores could see empty shelves in a few weeks because the impact of prices on China is starting to filter in the economy, according to the Apollo asset management company.

It is true that China exports much more to the United States than it imposes on the country, as pointed out by the US Treasury Secretary, Scott Bessent. But the involvement of this commercial relationship is that the American consumer has more to lose when China exports slowly to a net.

What you need to know today

Global actions record light increases
American shares were negotiated on Monday. THE S&P 500 was a marginal 0.06% and the Industrial average Dow Jones increased by 0.28%. THE Nasdaq CompositeHowever, slipped 0.1%. The Asian-Pacific markets mainly increased on Tuesday. In South Korea Kospit The index added approximately 0.4%. The country’s automotive actions have increased to the information that the Trump administration will reduce certain import rights for car manufacturers.

European banks beat estimates
HSBC Announced on Tuesday the results of the first quarter that beat expectations. The benefit before the tax of the largest lender in Europe has climbed almost 317% compared to the previous quarter to $ 9.48 billion. HSBC has also announced a share repurchase of $ 3 billion. The actions listed in Hong Kong of HSBC increased by 1.7%. The same day, Deutsche Bank posted a better than expected net profit of 1.775 billion euros ($ 2.019 billion) for its first quarter. The figure is 39% higher than the same period a year earlier and the “best quarterly profit in the bank for fourteen years,” said Deutsche Bank CEO Christian Sweing.

China-Us War War Mijou was still
The Chinese Foreign Ministry spokesman Guo Jiakun said at a press conference on Monday that Beijing was not in talks with the United States for a pricing agreement, and he is not aware of the Chinese President Xi Jinping speaking with US President Donald Trump, contrary to what the latter claimed. The Treasury Secretary, Scott Bessent, told CNBC on Monday that “it was up to China to defuse because they sold us five times more than we sell them”.

Prices lead Temu to hikes
The Chinese electronic tailer Temu began to add “import costs” of around 145% in response to Trump prices. The costs, which apply to American customers and have kicked the weekend after the entry into force of price increases, could be higher than the cost of a product. “Articles imported into the United States can be subject to import costs,” wrote Temu on his website.

$ 150 billion in investment per IBM
IBM On Monday, it announced that it will invest $ 150 billion in the United States over the next five years, including more than $ 30 billion to advance the American manufacturing of its computers between Mainframe and Quantique. In addition, Microsoft President Brad Smith wrote on Monday that the United States “could not afford to be delayed” China in the race for the design and manufacture of a quantum work computer.

The Liberal Party of Canada planned to win the elections
The Liberal Party of the Prime Minister of Canada Mark Carney is expected to win the country’s national elections, although it is too early to determine if the party will win enough seats to form a majority government, according to the Canadian Broadcasting Corp. This means that Carney will remain as Prime Minister of the country. Liberal’s victory in polls is due, in part, to Trump’s aggressive rhetoric against Canada, which caused a drop in the public feeling of the Conservative Party.

(Pro) benefits this week
The busiest week of the profits season is there – more than 160 S&P 500 voters should point out, including Apple,, Meta-platforms And Microsoft. Investors will seek advice on the impact of prices to have an impact on the results of these companies. Take a look at the ventilation of CNBC Pro on what is expected of the main reports of this week.

And finally …

Traders work on the New York Stock Exchange Prosecutor’s Office on March 11, 2025.

Spencer Platt | Getty Images News | Getty images

The worst (and the best) stocks during the first 100 days of Trump

Some actions have made major oscillations in the days that followed Trump’s return to the White House.

He put American investors on alert with market travel plans such as prices and discounts of expenses of the federal government. The S&P 500 should record its worst first days of a presidency since the second term of Richard Nixon in the 1970s.

Under the hood, some names see disproportionate movements. CNBC detected the S&P 500 to see what stocks did the best and the worst since Trump returned to the Oval Office in January.

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