WEG, a Brazilian maker of industrial machinery, expects to offset the impact of US tariffs by the first half of 2026, following a bigger hit than anticipated for the final quarter of this year https://t.co/aohR3m1ysB ...

It was incredibly aggressive. It was totally disproportional to anything that uh the US, the EU or Canada or anybody did because remember these are global measures that the Chinese have put in place to purport to control the movement or export of any item containing certain rare earth from one country to another, right. Even if China is not uh you know one of the parties uh in the agreement.So in Geneva we had an agreement where they would limit their rare earth export controls. they'd keep their retaliator ...

Malaysia’s Prime Minister Anwar Ibrahim said the nation was on the verge of wrapping up a trade deal with the US after President Donald Trump slapped hefty tariffs on its exports to the world’s largest market https://t.co/DiGUJQeleT ...

US-China Trade Relations - The possibility of a meeting between President Trump and President Xi remains uncertain, pending mutual agreement [1][2] - The US expresses willingness to engage in trade talks with China, especially given China's recent measures [2] - The US believes a more balanced trade relationship is needed, as China currently enjoys broader access to the US market than the US has to the Chinese market [10][11] - The US is open to a constructive trading relationship with China, but it must be actively managed [10] Rare Earths and Export Controls - China has implemented new measures on rare earths, raising concerns for the US [3] - China's actions regarding rare earth export controls are viewed as aggressive and disproportionate by the US [4][5] - The US accuses China of expanding controls on rare earths globally, despite a previous agreement to limit them [7] - China's restrictions on rare earths are seen as an attempt to exert economic control [7] - The US has concerns about China potentially using access to semiconductors to gain access to rare earth minerals [14] - The US uses export controls on high-end goods, but China's controls on basic inputs like rare earths are considered broad and indiscriminate [15][16] National Security and Technology - The US prioritizes national security when considering technology exports to China [19] - The US aims to maintain its technological edge and prevent other countries from gaining a competitive advantage [20] - The US government uses inter-agency processes to analyze new technologies and determine appropriate export controls, considering industry input and foreign availability [21]

Core Viewpoint - Gold prices have experienced a significant decline after a prolonged rally, with a notable selloff attributed to profit-taking by investors rather than macroeconomic or geopolitical factors [2][3]. Price Movement - Gold futures fell by $61.30, or 1.49%, to $4,053.10 per ounce, marking a two-day selloff after reaching an intraday record of $4,398 per ounce [1][2]. - The precious metal lost 5.74% on Tuesday, closing at $4,109.10, representing its worst performance since 2013 [2]. Market Analysis - Analysts from UBS indicated that the recent decline in gold prices is largely technical, driven by slowing price momentum and rising option volatility, leading speculative investors to take profits [3]. - Despite the recent pullback, gold prices remain up over 50% year-to-date and nearly 5% for the month, with underlying fundamentals such as inflation and political instability expected to persist [3][4]. Future Outlook - UBS analysts believe it is premature to adopt a negative outlook on gold, suggesting that the factors driving its price increases are likely to continue [4].

Core Viewpoint - The article discusses the potential influence of former President Trump on the Federal Reserve's policies, particularly regarding interest rates, and highlights Christopher Waller's position as a key figure in this dynamic as he is considered a candidate to replace Jerome Powell as Fed chair [1][2][12]. Group 1: Waller's Position and Influence - Waller is seen as a proponent of central bank independence and has a reputation for making data-driven decisions, which he is not willing to compromise for political gain [3][12]. - Despite pressure from Trump and his allies for aggressive rate cuts, Waller has maintained a cautious approach, advocating for a quarter-point reduction rather than a more drastic half-point cut [5][6]. - Waller has expressed concerns about the Fed's role in political issues and has pushed for cost-cutting measures within the Fed, including a reduction of about 350 staffers in 2023 [18][20]. Group 2: Political Pressure and Fed Independence - Trump's administration is actively seeking to exert more control over the Fed, which could undermine its independence and have negative implications for the US economy and global markets [2][15]. - The potential for a board with a majority of Trump appointees raises concerns about the pressure to remove regional bank presidents, which could further compromise the Fed's autonomy [16][17]. - Waller's commitment to defending the Fed's independence is evident in his public statements emphasizing the importance of keeping politics out of monetary policy decisions [14][20]. Group 3: Economic Outlook and Policy Recommendations - Waller has been vocal about the need for lower interest rates, citing risks in the labor market and the impact of tariffs on inflation, which he believes should not be a persistent concern [9][10]. - His approach to monetary policy reflects a balance between advocating for necessary changes while maintaining the Fed's core mission and credibility as an inflation fighter [8][14]. - Analysts expect Waller to remain true to his economic analysis and not yield to political pressures for rate cuts that lack a clear economic justification [12][13].

Core Insights - STERIS plc is a global leader in infection prevention and sterilization solutions with a market cap of $23.9 billion, providing a diverse range of products and services to healthcare sectors [1] Financial Performance - Analysts expect STERIS to report Q2 earnings of $2.38 per share, reflecting an 11.2% increase from $2.14 per share in the same quarter last year, with the company having consistently met or exceeded Wall Street's estimates in the past four quarters [2] - For fiscal 2026, earnings are projected to be $10.07 per share, a 9.2% increase from $9.22 in fiscal 2025 [3] Stock Performance - STERIS stock has increased by 7.9% over the past 52 weeks, underperforming the S&P 500 Index's 15.1% gain but outperforming the Health Care Select Sector SPDR Fund's 4.1% decline [4] Market Concerns - On September 25, STERIS shares fell by 3% following a national security investigation into medical equipment imports, which could result in new tariffs affecting various medical products, leading to concerns about supply chains and production costs across the healthcare manufacturing sector [5] Analyst Ratings - The consensus opinion on STERIS stock is a "Moderate Buy," with six out of nine analysts recommending a "Strong Buy" and three suggesting a "Hold," indicating a potential upside of 15% based on an average price target of $278.29 [6]

Core Insights - The recent removal of the de minimis exemption by the US has significantly impacted small exporters, leading to increased shipping costs and logistical challenges [7] - Small businesses, like JCV Custom Works, are facing profit reductions of 10% to 15% due to higher shipping fees and additional tariff-related complexities [4][5] - The changes have forced small exporters to adapt quickly, including learning about Harmonized Tariff Schedule codes, which are now critical for determining tariff rates [4] Shipping and Costs - JCV Custom Works increased its shipping charges from $15 to $25, which is still below the actual shipping cost of approximately $36 per item [3] - The company has implemented a minimum order requirement of $50 to manage increased costs associated with shipping and tariffs [4] Business Impact - The stencil e-commerce business contributes 20% to 25% of the owner's monthly income, highlighting its importance despite being a side venture [6] - The overall business environment for small exporters has become more challenging, with potential inventory losses and increased risks due to tariff uncertainties [7]

Market Manipulation & Crypto Exchanges - The crypto market is experiencing significant manipulation, potentially exacerbated by crypto exchanges and political factors like Trump's tariffs [1] - Binance, as a top-tier exchange, faces speculation regarding market cornering and manipulation tactics, despite its large trading volume of $29.4 billion in the last 24 hours and approximately 12 million weekly visits [1] - Market manipulation is evident during weekends and after stock market closures, highlighting crypto's vulnerability due to its 24/7 operation [1] - Liquidations of crypto longs, such as the $250 million liquidation event, are suspected to be influenced by exchanges targeting long positions [1][7] Political & Economic Factors - Trump's tariff announcements on China, set at 155% starting November 1st, are perceived as tools to delay market progress, similar to government shutdowns affecting ETF approvals [2][4] - Insider trading related to tariff announcements suggests market manipulation, with some traders profiting from advance knowledge [1] - The market reacts strongly to announcements regarding potential meetings or cancellations of meetings with Chinese President, demonstrating psychological warfare [13][14] Insider Activity & Profitability - There are claims that Baron Trump has made over $80 million in crypto, raising questions about insider information and trading advantages [11] - Exchanges are suspected of manipulating the market by dumping Bitcoin to liquidate $9 billion in long positions [7]

India and the US are nearing a trade deal that could lower tariffs on Indian exports to 15%–16% from about 50%, the Mint newspaper reported, citing three unidentified people aware of the matter. https://t.co/oPYiKyNUTs ...