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The former -Director General of Home Depot, Bob Nardelli and Fox Business’s host, Charles Payne, join “America reports” to discuss the impact of President Donald Trump’s rates as markets around the world.
North -American markets have fallen from the President Donald Trump He announced reciprocal rate policies last week.
Despite the Decreased market Last week, some money managers have believed that the President’s intentions will benefit American markets and the long-term economy.
“ World markets were sold, partially in response to our market sale on Friday. Wait for a rally rally very soon.However, we will not start our recovery until we get more clarity in the fare situation. I hope the commercial offers begin to pour this week, ” said Michael Murphy, CEO and founder of Rosecliff Ventures on Monday.
“Now is the time to add to the market,” Murphy said. “This will happen and I hope it happens quickly.”
Trump urges the north -Americans to “hang hard” in the plane of the rates as markets fall
A man walks next to the New York Stock Exchange in New York City, on March 11, 2025. (Photos of Shannon Stapleton / Reuters)
Last Wednesday “Liberation Day”Trump presented a council illustrating the fare barriers that foreign countries place in the United States. The president also announced a plan to implement reciprocal tariffs if they did not reach commercial offers. It includes a 34% reciprocal rate in China, 20% in the European Union, 46% in Vietnam, 32% in Taiwan, 36% in Thailand, 26% in India, among other rates proposed worldwide. These reciprocal rates are in addition to the pre -existing barriers that the United States receives in foreign countries.
Trump weighed the market crisis on Monday morning, posting – Social truth“Oil prices are diminishing, interest rates are dropped (the slow slowness must reduce rates!), Food prices are decreasing, no inflation and the long time battered in the US is contributing billions of dollars a week of countries that abuse the existing rates.”
Trump also issued a strong specific warning in China on Monday morning, saying that “if China does not withdraw 34% increase above commercial abuse already in the long term on April 8, 2025, the United States will impose additional rates in China of 50%, from April 9.”
Asian markets continued to sink Monday, and Hong Kong Hang Seng Index closed 13.22%in the largest fall since 1997, China’s Shanghai compound dropped by 7.34%, Japan’s Nikkei 225 index reduced by 7.83%and Taiwan’s Taix to lose 9.7%.
President Donald Trump shows a signed executive order that imposes tariffs on goods imported to the White House on April 2. (Andrew Harnik / Getty Images)
Despite the proposals and the interruption between Asian and world markets, the Thomas Hayes Cover Fund Manager, President and Managing Member of Great Hill Capital, LLC, told Fox News Digital: “I live for periods of market dislocation like this. Wall Street is keeping a free sale purchase and everyone is out of the store!
“You will never get the perfect top, you will never get the perfect background, but if you understand the intrinsic value and the future cash flows of the business you are buying and buy with a large enough safety margin, there is nothing like operating in an environment like this. When it rains gold, remove a bucket, not a midet.”
But reciprocal tariffs in the short term may have the United States economy, have raised concerns with Wall Street. Jpmorgan Chase’s CEO, Jamie Dimon, saw the market concerns in a Annual letter to shareholders Monday morning.
“The faster this problem is resolved, the better some of the negative effects increase in a accumulated way over time and it would be difficult to reverse. In the short term, I see it as a large additional straw on the back of the camel,” said Demon. “I hope that after the negotiations, the long -term effect has some positive benefits for the United States,” said Demon. “My most serious concern is how this will affect the long -term economic alliances of the United States.”
Jamie Demon, CEO of JPMORGAN Chase, speaks during the National Retirement Summit in Washington, DC, on March 12, 2025. (At Drago / Bloomberg Via / Getty Images)
The “Shark Tank” investor, Kevin O’Lery, responded to Demon’s letter in an interview with Stuart Varneysaying: “If these rates remain in their place in perpetuity at a rate of 25%, it would be right. But I think this is a giant negotiation, and you know, Trump is not shy to be a bombast.
The underlying question of whether the advantages of implementation of tariffs will exceed short -term losses has loaded investors and money managers since Trump began to take action.
However, some financial experts say that national production and trade will be essential for growth in the coming years.
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“We should charge a premium for everyone to do business here if it is abroad, because if you do things in America, it is the best for your business,” said Michael Lee, by Michael Lee, told Fox News Digital. “From a philosophical point of view, it has tons of meaning, and this market reaction is not related to any kind of math or reality.”
