The stock market came early Wednesday after President Trump teased a cut Up to the 145 percent rates on China.
The market positively opened With the Dow Jones Industrial with a win of more than 700 points, about 2 percent rose, while the S&P 500 and the Nasdaq composite also achieved strong profits.
“145 percent is very high. It won’t be that high, it won’t be that high … It won’t be near so high anywhere,” Trump told reporters in the Oval Office On Tuesday evening. “It will come down considerably, but it won’t be zero.”
Trump repeated this position on Wednesday and called for a fair trade agreement.
“It will be honest,” he told reporters at the Witte Huis lawn.
On Tuesday the president also said he had done that No plans To dismiss the Federal Reserve chairman Jerome Powell, who he has long -criticized For not lowering the interest rates, which enlightens the fears of the investors.
Meanwhile, Trump administration officials, including State Secretary Marco Rubio and the envoy Steve Witkoff from the East, Subjects In London to discuss the war in Russia-Ukraine. The meeting was then reduced After it was announced, the high officials would not be present.
Vice President Vance on Wednesday also spent A kind of ultimatum In the three -year war.
“We have issued a very explicit proposal to both the Russians and the Ukrainians, and it is time for them to say yes or for the United States to walk away from this process,” VANCE said reporters during a trip to India.
This is all when Minister of Defense Pete Hegseeth is in the middle of another Signal chat controversy. Van Hegseeth is expected to give comments to students at the US Army War College on Wednesday morning.
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