PresentationGood day, and welcome to the iAccess Alpha Virtual Best Ideas Winter Investment Conference 2025. The next presenting company is Mobilicom Limited. [Operator Instructions] I would now like to turn the conference over to your -- to today's host, Oren Elkayam, CEO and Co-Founder at Mobilicom. Sir, the floor is yours.Oren ElkayamCo-Founder, MD, Chairman & CEO Thank you very much, and hello to everybody. Thank you for joining us here in the United States. As he mentioned, my name is Oren Elkayam. I'm ...

Core Insights - The article discusses the unpredictable impact of President Trump's trade policies on global equity markets, highlighting the volatility and rapid changes in market sentiment driven by tariff announcements and reversals [1][11]. Trade Policy Developments - In November 2025, President Trump announced a rollback of tariffs on over 200 food and agricultural products, effective retroactively from November 13-14, 2025, in response to rising food-at-home inflation of 2.7% year-on-year in September 2025 [2][3]. - The US lifted 50% reciprocal tariffs on various Indian agricultural products, expected to inject nearly $1 billion into Indian exporters, coinciding with a decline in India's exports to the US by 8.6% year-on-year in October [4]. Market Reactions - Arabica coffee futures dropped to a 7-week low following the tariff relief, while retail coffee prices had previously surged by 40% in 2025 [3]. - The Dow Jones Industrial Average fell by 878.82 points (1.90% drop) and the NASDAQ declined by 3.56% (down 820.20 points) in response to threats of a 100% tariff on Chinese goods [5][6]. Sector-Specific Impacts - The pharmaceutical industry faced a 100% tariff on imported products, with European companies like Bayer experiencing a 9.9% slump in shares due to tariff threats [7]. - A proposed 50% tariff on copper imports led to a 1.72% decline in the Nifty Metal Index, indicating the broad impact of tariffs across various commodities [8]. Broader Market Trends - Major stock indexes experienced significant volatility, with the Nasdaq down 2.2% and the S&P 500 falling 1.6% on November 20, 2025, despite earlier gains [10]. - The overall market sentiment reflects a mix of optimism and despair, heavily influenced by the administration's unpredictable trade policies [11].

Core Viewpoint - The trade war between the U.S. and China is escalating, particularly following China's announcement to tighten control over rare earth mineral exports, prompting President Trump to threaten a new 100% tariff on Chinese goods [1][2][4]. Market Impact - U.S. markets reacted negatively to the tariff threats, with the Dow Jones Industrial Average dropping 876 points, the S&P 500 falling 2.7%, and the Nasdaq composite closing down 3.6% [5]. - Tech stocks were particularly affected, with companies like Nvidia, Amazon, and Tesla experiencing declines of around 5% [5]. Trade Dynamics - The renewed trade tensions stem from China's control over rare earth minerals, which are essential for technology manufacturing and military equipment [4]. - Trump's comments suggest that the U.S. may consider further countermeasures, including limiting exports of critical software [2][3]. Analyst Perspectives - Analysts express concern that the new trade restrictions could significantly impact the U.S.'s access to necessary materials for technology and military applications [4]. - Some analysts view the current market turbulence as a potential buying opportunity for companies in semiconductors, software, and AI sectors, despite the ongoing tensions [5].

Core Points - US stocks experienced a significant sell-off following President Trump's threats to escalate the trade war with China, marking the S&P 500's largest decline since April [1] - Trump announced a 100% tariff on Chinese goods, effective November 1, in response to China's export controls on rare earth metals [2][3] - The announcement of increased tariffs has raised concerns among investors regarding the stability of trade relations with China and its potential impact on the market [5] Market Impact - The stock market reacted negatively, with oil prices also dropping by 4% due to fears of reduced economic activity affecting energy demand [3] - The 10-year Treasury yield fell by nine basis points to 4.05%, indicating a flight to safety among investors [3] Trade Relations - Trump's comments highlighted the ongoing tensions in US-China trade relations, with potential for further countermeasures being considered by the US government [4][5] - The imposition of tariffs and export controls could disrupt global markets and affect various industries reliant on Chinese imports, particularly in technology and energy sectors [5]

Core Points - The U.S. will impose new tariffs of 100% on imports from China starting November 1, 2025, in addition to existing tariffs [1][2] - Export controls will be implemented on all critical software from the U.S. to China on the same date [2] - China's new export controls on rare earth minerals have prompted these U.S. actions, as approximately 70% of the global supply of these minerals comes from China [3] Tariff Details - Current effective tariff rate on Chinese imports is 40%, with specific duties ranging from 50% on steel and aluminum to 7.5% on consumer goods [4] - Nearly all products imported from China already face significant tariffs, indicating a highly protectionist trade environment [4] China's Position - China has taken an aggressive stance on trade, announcing large-scale export controls on a wide range of products effective November 1, 2025 [5] - The U.S. President suggested canceling a meeting with Chinese President Xi Jinping due to these new controls [3]