Tariff flexibility could also mean uncertainty

“Flexibility” connotes the opening to change. The president of the United States, Donald Trump, expressed on Friday the possibility of being flexible with tariffs, which may have helped stocks to mark, pushing the three reference points of the USA. UU.

But, in its suggestion of adapting to circumstances, “flexibility” also points out uncertainty, something anatema for the market. Trump’s comments should also be taken in context. He described that “there will be flexibility, but it is basically reciprocal,” and seemed to rule out the idea of ​​carving exceptions for countries.

In other words, the flexibility that Trump defends does not seem a unilateral benevolence but a strategy to fold the wills of others.

We will probably have no clarification about how reciprocal rates will be developed until April 2, the date Trump said they would begin, provided it is not equally flexible with the start date.

‘Flexibility’ with rates: Trump
Trump told journalists on Friday “There will be flexibility“With regard to its tariff plans”, but it is basically reciprocal, “suggesting that it could act in response to any adjustment of commercial partners. However, Trump minimized the idea of ​​granting more exceptions, saying that” once he does it for one, he has to do it for all. “The White House has said that reciprocal rates enter into force on April 2.

US actions break the loser streak
The main US indices uploaded on Friday To finish a four -week loser streak. For the week, the S&P 500 increased 0.5%, the Dow Jones industrial rose 1.2% and Nasdaq compound added 0.2%. But FedexA stimulus for the economy, fell 6.5% after reducing its profit perspective. Paneuropeo Stoxx 600 The index fell 0.6%, Heavy for a 1.6% drop in the travel and leisure sector After London’s Heathrow Airport closed on Friday.

Seven mediocre
Of the magnificent seven groups of actions that led the position of Toro of the Stock Market in 2024, Six are already tracking for significant losses in the year to date.led by a 40% drop in the actions of Tesla. Target platform It is the only exception, to a thin gain. Earl this month, the megacaps lost more than $ 750 billion in market value On the worst day for the heavy Nasdaq compound in technology since 2022.

The investment of $ 2.5 billion Astrazeneca in China
Astrazeneca Friday said it will Invest $ 2.5 billion in a research and development center in the Chinese capital BeijingAs part of an association with the municipal government of the city and the administrative office of the Economic-Technological Development area of ​​Beijing, said Astrazeneca. According to the agreement, the British giant will collaborate with the Chinese biotechnology companies Harbor Biomed and Syneron Bio to launch a joint company with Biokangtai.

(Pro) Eyes in the US economic data.
Investors must monitor the Index of Personal Consumer Expenses in the United States for February, the preferred inflation measure of the Federal Reserve, Friday. Other economic data to observe are the PMI readings for March and the final figures of the Gross Internal Products of the United States for the fourth quarter on Thursday. That said, it is different from the markets will march decisively until Trump makes his movement.

The long battle of Crypto with SEC comes to an end with Ripple’s victory

The Crusade of Years of the Bag and Securities Commission against the cryptographic industry seems to have finished, when Ripple announced that the SEC had officially eliminated its four -year demand against the company. The lawsuit, presented on Jay Clayton’s last day as president of the SEC, accused Ripple of raising $ 1.3 billion through the sale of his Token XRP without registering it as security.

On Friday, the SEC organized its first important cryptographic round table, pointing out a new regulation approach through commitment, instead of the application. Leading the effort is Hester Peirce, who is directing the new cryptographic workforce of the regulator. Peirce’s message to the industry is that the SEC is no longer an adversary, but is trying to give Crypto a clear and legal framework.