Us President Donald Trump Speaks While Signing An Executive Order in the Oval Office of the White House to Impose 25% Tarifs on All us Imports of Steel and Aluminum Country’s top trading partners.
Bloomberg | Bloomberg | Getty Images
It’s quiet… Too quiet.
After a more quiet weeks on the tariff front, us president donald trump has again set his sights on canda and mexico, promising that tariffs paused earrier this month will “go forward
Trump Signed Executive Orders on Feb. 1 imposing 25% Tarifs on products from mexico and canada, as well as 10% duties on canadian energy.
Separately, The Row Between Us Federal Workers And Elon Musk’s Department of Government Efficiency Efficiency Continued AFTER The Office of Personnel Management Seamed to Undermine Musk ‘
Musk’s Dog Had Sent Out An Email to All Federal Workers Last Week, Saying that those who fail to submit a list of their recent acomplishments will face a forced “Resignation.” OPM Later Notified Top Government Human Resources Officers that Responses to the Email “is Voluntary.”
But musk then doubled down on his threat, saying in a post on x on monday night “failure to respond a second time will result in termination.”
– Lim Hui Jie
What you need to know today
Trump says tarifs on canada and mexico ‘will go forward’
Presiding Donald Trump Said Monday That Sweeping Us tarifs on important from Canada and Mexico ,will go forward“When a monthlong delay on their implementation expires next week. Trump Signed Executive Orders on Feb. 25% Tarifs on products from mexico and canada, as well as 10% duties on canadian energy.
OPM Undercuts Musk ‘Resignation’ Threat, Musk Doubles Down
The federal office of personnel management on monday Undercut a threat By elon musk that government works workers who fail to submit a list of their recent acomplishments will face a forced “Resignation.” “OPM also Clarified that A Non-Response to the email does not equate to a resignation,” According to an internal email synt by the department of justice Resource Chafe. Musk, in a post on x on monday night, doubled down on his threat to fire federal employees who fail to submit the list.
Jamie Dimon Calls Us Government ‘Inefficient’
“The government is intelligent, not very commentant, and needs a lot of work,” JPMORGAN Chase CEO Jamie Dimon Told CNBC“It’s not just waste and fraud, it’s outcomes.” His Response Came after CNBC’s Leslie’s Picker Asked Dimon If He Supported Efforts by Elon musk‘S Advisory Body Doge. While Dimon Said He Did Not Want to Give A “Binary” Response, He Said That The Trump Administration’s Effort to Rein in Spending and Scrutinize federal agencies “needs to be done.”
Us Markets Largely Fall
Us markets mostly slidOn Monday, as Trump’s tariff Threats Continued to Weigh on Investor Sentimen. The S & p 500 Lost 0.5%, While The Nasdaq compositeFell 1.21%, as Shares of Major Tech Companies Came Under Pressure. The Down jones Industrial Average eked out a narrow gain of 0.08%. Over in Europe, Markets also Fell on Monday, with the Pan-European Stoxx 600 Index 0.08% Lower as traders reacted to The results of the German federal election.
(Pro) JPMORGAN Says Us Investors May Be Wrong to Shrug Off Trump’s Tariff Push
Jpmorgan says Us investors may be wrongTo brush off tariff concerns, as well as the stock market’s high valuations. Mislav Matejka, Equity Strategist at Jpmorgan Said Investors Shouldn Bollywood that Surprising Strength for a Bully, Especially as the Stream of Tariff Announcements from the White HooseContinues.
And finally …
Dario Amodei, Anthropic’s CEO, Speaking on CNBC’s “Squawk Box” Outside the World Economic Forum in Davos, Switzerland, on Jan. 21, 2025.
Gerry Miller | CNBC
(Tagstotranslate) World Markets (T) Markets (T) Donald J. Trump (T) Elon Musk (T) Business News