Author: FX

The White House’s Stephen Miller — who is prickly at the best of times — is out with a tweet noting that 20% fentanyl tariffs still apply to China.He wrote this in response to a Washington Post article:Washington Post: maybe your reporters should try reading before posting. These products are subject to the tariff under the original IEEPA on China of 20 percent.That’s a bit rich from a White House that’s changing the tariff regime daily.In any case, it might curb some of the weekend enthusiasm. A White House spokesman also said that a Section 232 investigation on semiconductors is…

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Weekend info on what appears to be a reversal on tariffs from Trump, an easing on tech goods.The U.S. Customs and Border Protection issued a notice late Friday stating that certain goods would be excluded from both Trump’s 10% global tariff on most countries and the significantly higher import tax on Chinese products.Smartphones and computers are among the tech products exempted from Trump’s 145% tariffs on Chinese goods.Other exempted electronic items include:SemiconductorsSolar cellsFlat panel TV displaysFlash drivesMemory cardsIts not clear if such items might still face future tariffs, the rates are expected to be much lower than 145%.The move is…

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J Studios Update 10:15 AM ET: Adds analyst comments Smartphones, computers and other electronics will be exempted from President Donald Trump’s reciprocal tariffs, the U.S. Customs and Border Protection said on Friday. The exclusions, applicable to smartphones, laptops, computers, semiconductors, memory chips, flat panel TV displays, solar cells, hard drives, provide some relief Source link

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The Constant Range Channel MT4 indicator is a powerful tool designed to help forex traders navigate the challenges of volatile markets. One of the biggest hurdles traders face is predicting when the price will shift, making it difficult to decide when to enter or exit trades. This uncertainty can lead to poor decisions and missed opportunities. However, with the Constant Range Channel, traders gain a clear visual representation of market trends and price movements. This tool provides insight into potential trade setups and can help reduce the risk of making emotional decisions while trading. In this article, we’ll explore how…

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The market is now fully priced for an ECB rate cut on Thursday and Deutsche Bank economists have got on board.The economic hit from reciprocal tariffs, uncertainty, and tighter financial conditions likely exceeds what the ECB was expectingPrevious ECB assumptions that tariffs would boost inflation have been challengedRecent developments including higher EUR, lower oil prices, and greater risk of trade diversion are skewing inflation risks to the downsideDeutsche Bank believes the ECB will maintain a “meaningfully less restrictive” stance description despite the upcoming rate cut. They note that after 150bp of cuts, policy rates are getting closer to neutral, and…

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