Streetbeat News

Trade Policy

F

GM

Stephen Reitman from Bernstein has characterized potential U.S. auto tariffs as a 'nightmare' scenario for carmakers, suggesting significant potential disruption to the automotive industry's global supply chains and profitability.

Portfolio Pulse from

March 28, 2025 | 4:30 am

USDINR

The Indian Rupee is experiencing weakness due to month-end US Dollar demand, potential automotive import tariffs, and rising crude oil prices. Investors are awaiting US PCE inflation data, which could provide insights into future Federal Reserve rate decisions.

Portfolio Pulse from

March 28, 2025 | 4:00 am

HMC

TM

U.S. President Donald Trump announced new 25% tariffs on imported passenger vehicles, light trucks, and key automobile parts, effective April 2. The tariffs are expected to raise vehicle prices by $5,000 to $15,000, according to Goldman Sachs. Over 90% of U.S. motor vehicle imports come from the EU, Canada, Mexico, South Korea, and Japan, causing significant market concern about potential trade war escalation.

Portfolio Pulse from

March 28, 2025 | 2:00 am

XLY

Richmond Fed President Tom Barkin discussed potential economic consequences of the 25% auto import tariff, highlighting challenges for automotive companies in managing pricing, margins, and potential labor market effects. Barkin emphasized uncertainty around how companies will absorb the tariff - through consumer prices, reduced margins, or cost-cutting measures.

Portfolio Pulse from

March 27, 2025 | 11:45 pm

IXUS

VEA

ETF investors are showing continued interest in international stocks, even as potential trade tariffs create uncertainty in global markets. This trend suggests investor confidence in international equities remains resilient, despite potential geopolitical and trade policy challenges.

Portfolio Pulse from

March 27, 2025 | 11:30 pm

FXE

The article discusses recent economic developments, highlighting US Q4 GDP growth of 2.4% and potential challenges ahead. Moody's warned about higher tariffs and tax cuts potentially increasing government deficits, while the CBO reduced its 2025 GDP forecast to 1.9%. Key concerns include policy uncertainty, potential debt rating downgrades, and rising budget deficits.

Portfolio Pulse from

March 27, 2025 | 11:30 pm

LULU

Stock markets are experiencing moderate declines, ranging between -2% to -4% compared to a month ago. Investors are anticipating potential market shifts with upcoming April 2nd tariffs, which are expected to bring more clarity to market conditions.

Portfolio Pulse from

March 27, 2025 | 11:30 pm

FXB

The GBP/USD currency pair is attempting to recover, trading above 1.2900 but still struggling to reach the 1.3000 mark. UK Prime Minister Kier Starmer criticized US trade policies, while upcoming economic data including UK GDP and US PCE inflation could influence the currency's movement.

Portfolio Pulse from

March 27, 2025 | 11:15 pm

XAGUSD

Silver prices experienced a sharp rally, breaking above $34.00 per ounce, driven by uncertainty surrounding potential US tariffs on cars. The precious metal is trading at $34.38, up over 2.20%, with technical indicators suggesting potential further upside towards $35.00 and resistance levels at $37.49 and $44.22.

Portfolio Pulse from

March 27, 2025 | 11:15 pm

FXC

President Trump announced a 25% tariff on imported cars and light trucks, effective April 2, which could escalate trade tensions with Canada and the EU. The move comes alongside US Q4 GDP growth of 2.4% and may impact currency markets, particularly the USD/CAD exchange rate.

Portfolio Pulse from

March 27, 2025 | 11:15 pm