Comment about the postpone of certain goods 10% tariffs-The idle Process

Comment about the postpone of certain goods 10% tariffs

When the market opens early in the morning, it went down slightly. Suddenly, the indexs went surging. In less then 15 miutes, the S&P 500 climbed almost 2 pct. It was so astonishing, so I check the news and found the headline is, the USTR has removed some items from the tariff list, also determined that the tariff should be delayed to December 15 for certain articles. These items are mainly consumer goods. That's why the AAPL stock were madly rising.

I think it just indicate it is not easy to win the trade war for the Trump administration. First, President Trump always regards the rise of the stock market as his own political achievements. As the trade war intensifies, the financial market has great pressure to go down. Secondly, if he increase the tariffs, inevitablely, the prices of almost all goods will rise, that means the inflation rate will get higher, then why the FED would cut the rate then?

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