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Express News | Trump: The decision to impose reciprocal tariffs will consider the value-added taxes used by various countries as tariffs.
Express News | The Nasdaq Composite Index has expanded its gains to 1%.
U.S. stock market morning | The three major Indexes rose collectively, with Intel increasing by over 10%; high-performing stocks soared across the board, with Applovin rising over 33% and Dutch Bros rising over 32%.
On the evening of the 13th Beijing time, US stocks opened higher on Thursday. January's PPI in the USA exceeded expectations, and combined with Monday's CPI data, it confirmed the rising inflationary pressures in the USA, further weakening market expectations for interest rate cuts by the Federal Reserve this year. Trump announced plans for reciprocal tariff policies, raising market concerns that this move will further escalate tensions in global trade.
Express News | Trump's tariff policy will not take effect today; the policy will be delayed and could start on April 1.
Trump announces! It will implement 'reciprocal tariffs', how significant will the impact be.
The so-called 'reciprocal tariffs' refer to the tariffs imposed on imports from the USA that are the same as the tax rates imposed by trade partners on commodities exported to the USA, meaning that for any tariff that one country imposes on the USA, the USA will impose an equal tariff on the other party.
Express News | The three major U.S. stock indexes opened higher collectively, with Tesla rising over 2%.