The President of the United States, Donald Trump, has exempted a range of technological products, including smartphones, chips, computers and a selection of electronics from prices, giving technological industry a well-necessary respite from commercial pressures.
According to customs and the protection of American borders, storage cards, modems, diodes, semiconductors and other electronics have also been excluded from current commercial prices.
“Technological companies with great capitalization will finally occur when everything is said and done,” wrote Kobeissi’s letter in an article on April 12.
Customs and the protection of American borders announce tariff exemptions on certain technological products. Source: Customs and the protection of American borders
The price relief will remove the pressure from technological actions, which have been one of the greatest victims of the trade war. Cryptographic markets are correlated with technological actions and could also rally as risks increases the securities of positive trade war.
After the new price exemptions, the Bitcoin price (BTC) exceeded $ 85,000 on April 12, a signal that cryptographic markets already meet the last macroeconomic development.
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President Trump fell to radical pricing policies on April 9, surrounding a 90-day break on reciprocal prices and reducing tariff rates to 10% for countries that have not responded with counter-triggers on American products.
Bitcoin jumped 9% and the S&P 500 jumped more than 10% on the same day that Trump issued the price break.
Macroeconomic merchant Raoul Pal said that pricing policies were a negotiation tool to establish an American-Chinese trade agreement and characterized the commercial rhetoric of the American administration as “posture”.
Bitcoin Max Keizer lawyer argued that the exemption from technical products selected from import prices would not reduce bond yields or pursue the Trump administration’s objective to reduce interest rates.
The return on the peaks of obligation of the American government of 10 years following radical trade policies of the Trump administration. Source: Tradingview
The return on the obligation of the US Treasury at 10 years old reached a local summit of approximately 4.5% on April 11, while bond investors reacted to the macroeconomic uncertainty of a prolonged trade war.
“The concession that has just given China for technological exports will not overthrow the trend in increased rates. Confidence in American obligations and the US dollar has been upset for years and does not stop now,” Keizer wrote on April 12.
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.
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