I completely missed this amid

I completely missed this amid the NYSE’s bullish run. As early as January 21st, Trump had threatened to impose a 25% tariff on Mexico and Canada starting February 1st. In hindsight, I either overlooked it or simply ignored it—and I certainly wasn’t the only one.[Facepalm] [Sad] [Glance]

U.S. Futures Plunge, Oil Surges As U.S. Trade War Erupts

Trump Imposes Tariffs on Canada, Mexico, and China

President Donald Trump has imposed 25% tariffs on Canada and Mexico and 10% on China, which has disrupted global commerce and raised concerns about a potential trade war. The tariffs are a response to the countries' alleged failures to address issues such as illegal migration and drug trafficking. The announcement has had a significant impact on industries such as energy, autos, and agriculture. However, a recent executive order states that the tariffs may be removed if sufficient steps are taken to address the health crisis.

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As early as January 21st, Trump had threatened to impose a 25% tariff on Mexico and Canada starting February 1st. In hindsight, I either overlooked it or simply ignored it—and I certainly wasn’t the only one.<span>[Facepalm]&nbsp;</span>&nbsp;<span>[Sad]&nbsp;</span>&nbsp;<span>[Glance]&nbsp;</span>&nbsp;</p></body></html>","text":"I completely missed this amid the NYSE’s bullish run. As early as January 21st, Trump had threatened to impose a 25% tariff on Mexico and Canada starting February 1st. 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It has taken him only three weeks since his inauguration to raise tariffs on Canada, Mexico and China,” said Philip Marey, senior U.S. strategist at Rabobank, in a Sunday note.</p><p>Dow futures were down 605 points, or 1.4%, as Asian markets opened to kick off the global trading week. S&amp;P 500 futures dropped 1.9%, while Nasdaq-100 futures were down 2.4%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/aeb4f6be93317593545275cb3dd9882c\" title=\"\" tg-width=\"394\" tg-height=\"196\"/></p><p>Bitcoin, which has traded in close correlation to the S&amp;P 500, slumped over the weekend. The largest crypto traded around $106,000 as of Friday morning but was changing hands just below $97,500 on Sunday afternoon.</p><p>U.S. stocks ended on a down note Friday after Trump made clear he intended to follow through on the tariff plans. The Dow Jones Industrial Average finished with a loss of 337.47 points, or 0.8%, while the S&amp;P 500 shed 0.5% and the Nasdaq Composite declined 0.3%.</p><p style=\"text-align: start;\">“While the tariff news is not a surprise, markets have held on to a vague hope Trump may not follow through. He used tariffs as a negotiating tactic with Colombia and withdrew them once they agreed to demands,” wrote analysts at U.K.-based Matrix Trade, in a Sunday note.</p><p style=\"text-align: start;\">They noted that the Canadian dollar and Mexican peso had held up relatively well versus the dollar “until late last week when it became clearer there was no way back.” The U.S. dollar jumped versus its Canadian counterpart, leaving it on the verge of a “massive’ breakout on the monthly chart to a new eight-year high, they observed.</p><p>Canadian Prime Minister Justin Trudeau late Saturday said the country would impose retaliatory tariffs of 25% on imports from the U.S. Mexico has threatened retaliatory tariffs, while China’s Ministry of Foreign Affairs said the country’s government firmly deplored the move and would take necessary countermeasures as well as filing a lawsuit with the World Trade Organization.</p><p style=\"text-align: start;\">The prospect of a trade war is seen weighing on stocks and other assets viewed as risky in part because it stokes fears of inflation, particularly if there is a tit-for-tat retaliatory spiral in duties, that could prevent the Federal Reserve from continuing on its rate-cut cycle.</p><p>While Trump put a lower levy on Canadian energy imports, crude still rose sharply Sunday night. West Texas Intermediate crude for March delivery, the U.S. benchmark, jumped 3.5%.</p><p style=\"text-align: start;\">U.S. Gulf Coast refiners are heavily dependent on heavy crudes produced by Canada and Mexico. The U.S. imported 4.42 million barrels of oil per day from Canada in 2023, representing 52% of total U.S. oil imports, according to the Energy Information Administration. Mexico comes in at a distant second, representing 11% of U.S. oil imports at 910,000 barrels per day.</p><p>“Certainly, two-year inflation swaps can move higher from here if the market fears the inflationary impacts of trade wars on the economy,” said Michael Kramer of Mott Capital Management, in a note, referring to derivatives that allow traders to hedge or speculate on inflation. “The swap has been consolidating at the upper end of the trading range for some time, and a breakout would not be favorable for the Fed’s fight against inflation.”</p><p>Not everyone is convinced tariffs will lead to an inflationary surge, arguing that a trade war raises uncertainty around not just the price outlook but prospects for economic growth.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Futures Plunge, Oil Surges As U.S. Trade War Erupts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Futures Plunge, Oil Surges As U.S. Trade War Erupts\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-03 07:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">U.S. stock-index futures opened sharply lower and oil prices jumped Sunday night and investors braced for volatility across financial markets after President Donald Trump over the weekend announced heavy tariffs on imports from Canada, Mexico and China.</p><p style=\"text-align: start;\">Analysts said the sweeping tariffs, including levies of 25% on imports from Canada and Mexico, 10% on energy products from Canada and an additional 10% tariff on China, would rattle investors who had previously appeared to hold out hope that Trump was using the threat of steep levies as a bargaining chip or would take a slower, gradual approach.</p><p>“Trump has made an end to the self-delusion in markets, the media and in politics that his tariff threats should be taken with a grain of salt. It has taken him only three weeks since his inauguration to raise tariffs on Canada, Mexico and China,” said Philip Marey, senior U.S. strategist at Rabobank, in a Sunday note.</p><p>Dow futures were down 605 points, or 1.4%, as Asian markets opened to kick off the global trading week. S&amp;P 500 futures dropped 1.9%, while Nasdaq-100 futures were down 2.4%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/aeb4f6be93317593545275cb3dd9882c\" title=\"\" tg-width=\"394\" tg-height=\"196\"/></p><p>Bitcoin, which has traded in close correlation to the S&amp;P 500, slumped over the weekend. The largest crypto traded around $106,000 as of Friday morning but was changing hands just below $97,500 on Sunday afternoon.</p><p>U.S. stocks ended on a down note Friday after Trump made clear he intended to follow through on the tariff plans. The Dow Jones Industrial Average finished with a loss of 337.47 points, or 0.8%, while the S&amp;P 500 shed 0.5% and the Nasdaq Composite declined 0.3%.</p><p style=\"text-align: start;\">“While the tariff news is not a surprise, markets have held on to a vague hope Trump may not follow through. He used tariffs as a negotiating tactic with Colombia and withdrew them once they agreed to demands,” wrote analysts at U.K.-based Matrix Trade, in a Sunday note.</p><p style=\"text-align: start;\">They noted that the Canadian dollar and Mexican peso had held up relatively well versus the dollar “until late last week when it became clearer there was no way back.” The U.S. dollar jumped versus its Canadian counterpart, leaving it on the verge of a “massive’ breakout on the monthly chart to a new eight-year high, they observed.</p><p>Canadian Prime Minister Justin Trudeau late Saturday said the country would impose retaliatory tariffs of 25% on imports from the U.S. Mexico has threatened retaliatory tariffs, while China’s Ministry of Foreign Affairs said the country’s government firmly deplored the move and would take necessary countermeasures as well as filing a lawsuit with the World Trade Organization.</p><p style=\"text-align: start;\">The prospect of a trade war is seen weighing on stocks and other assets viewed as risky in part because it stokes fears of inflation, particularly if there is a tit-for-tat retaliatory spiral in duties, that could prevent the Federal Reserve from continuing on its rate-cut cycle.</p><p>While Trump put a lower levy on Canadian energy imports, crude still rose sharply Sunday night. West Texas Intermediate crude for March delivery, the U.S. benchmark, jumped 3.5%.</p><p style=\"text-align: start;\">U.S. Gulf Coast refiners are heavily dependent on heavy crudes produced by Canada and Mexico. The U.S. imported 4.42 million barrels of oil per day from Canada in 2023, representing 52% of total U.S. oil imports, according to the Energy Information Administration. Mexico comes in at a distant second, representing 11% of U.S. oil imports at 910,000 barrels per day.</p><p>“Certainly, two-year inflation swaps can move higher from here if the market fears the inflationary impacts of trade wars on the economy,” said Michael Kramer of Mott Capital Management, in a note, referring to derivatives that allow traders to hedge or speculate on inflation. “The swap has been consolidating at the upper end of the trading range for some time, and a breakout would not be favorable for the Fed’s fight against inflation.”</p><p>Not everyone is convinced tariffs will lead to an inflationary surge, arguing that a trade war raises uncertainty around not just the price outlook but prospects for economic growth.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC",".SPX":"S&P 500 Index","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2347655156.SGD":"JPMorgan Investment Funds - Global Income A (icdiv) SGD-H","LU0971096721.USD":"富达环球金融服务 A","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念",".IXIC":"NASDAQ Composite","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU1732799900.SGD":"JPMorgan Investment Funds - Global Income A (irc) SGD-H","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4588":"碎股","BK4550":"红杉资本持仓","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","LU1732800096.USD":"摩根大通环球收益基金A (irc)","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4581":"高盛持仓","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","BK4504":"桥水持仓","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU0106831901.USD":"贝莱德世界金融基金A2"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2508151452","content_text":"U.S. stock-index futures opened sharply lower and oil prices jumped Sunday night and investors braced for volatility across financial markets after President Donald Trump over the weekend announced heavy tariffs on imports from Canada, Mexico and China.Analysts said the sweeping tariffs, including levies of 25% on imports from Canada and Mexico, 10% on energy products from Canada and an additional 10% tariff on China, would rattle investors who had previously appeared to hold out hope that Trump was using the threat of steep levies as a bargaining chip or would take a slower, gradual approach.“Trump has made an end to the self-delusion in markets, the media and in politics that his tariff threats should be taken with a grain of salt. It has taken him only three weeks since his inauguration to raise tariffs on Canada, Mexico and China,” said Philip Marey, senior U.S. strategist at Rabobank, in a Sunday note.Dow futures were down 605 points, or 1.4%, as Asian markets opened to kick off the global trading week. S&P 500 futures dropped 1.9%, while Nasdaq-100 futures were down 2.4%.Bitcoin, which has traded in close correlation to the S&P 500, slumped over the weekend. The largest crypto traded around $106,000 as of Friday morning but was changing hands just below $97,500 on Sunday afternoon.U.S. stocks ended on a down note Friday after Trump made clear he intended to follow through on the tariff plans. The Dow Jones Industrial Average finished with a loss of 337.47 points, or 0.8%, while the S&P 500 shed 0.5% and the Nasdaq Composite declined 0.3%.“While the tariff news is not a surprise, markets have held on to a vague hope Trump may not follow through. He used tariffs as a negotiating tactic with Colombia and withdrew them once they agreed to demands,” wrote analysts at U.K.-based Matrix Trade, in a Sunday note.They noted that the Canadian dollar and Mexican peso had held up relatively well versus the dollar “until late last week when it became clearer there was no way back.” The U.S. dollar jumped versus its Canadian counterpart, leaving it on the verge of a “massive’ breakout on the monthly chart to a new eight-year high, they observed.Canadian Prime Minister Justin Trudeau late Saturday said the country would impose retaliatory tariffs of 25% on imports from the U.S. Mexico has threatened retaliatory tariffs, while China’s Ministry of Foreign Affairs said the country’s government firmly deplored the move and would take necessary countermeasures as well as filing a lawsuit with the World Trade Organization.The prospect of a trade war is seen weighing on stocks and other assets viewed as risky in part because it stokes fears of inflation, particularly if there is a tit-for-tat retaliatory spiral in duties, that could prevent the Federal Reserve from continuing on its rate-cut cycle.While Trump put a lower levy on Canadian energy imports, crude still rose sharply Sunday night. West Texas Intermediate crude for March delivery, the U.S. benchmark, jumped 3.5%.U.S. Gulf Coast refiners are heavily dependent on heavy crudes produced by Canada and Mexico. The U.S. imported 4.42 million barrels of oil per day from Canada in 2023, representing 52% of total U.S. oil imports, according to the Energy Information Administration. Mexico comes in at a distant second, representing 11% of U.S. oil imports at 910,000 barrels per day.“Certainly, two-year inflation swaps can move higher from here if the market fears the inflationary impacts of trade wars on the economy,” said Michael Kramer of Mott Capital Management, in a note, referring to derivatives that allow traders to hedge or speculate on inflation. “The swap has been consolidating at the upper end of the trading range for some time, and a breakout would not be favorable for the Fed’s fight against inflation.”Not everyone is convinced tariffs will lead to an inflationary surge, arguing that a trade war raises uncertainty around not just the price outlook but prospects for economic growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":105,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":241,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/399433089511936"}