Trump fills the market with information in 30 minutes: tariffs, Russia-Ukraine, massive investment

On March 4th, Jinshi Data reported that on Monday local time, US President Trump announced at a press conference that the US will invest $100 billion in TSMC (TSM.N). The US will impose a 25% tariff on Canada and Mexico on the 4th of this month, stating that there is no negotiation space with these two US allies. The Canadian Foreign Minister responded by preparing to impose tariffs on US goods worth 155 billion Canadian dollars. In addition, Trump also stated that the US will implement reciprocal tariffs starting from April 2nd, and will impose tariffs on countries that adopt currency devaluation as a sanction. The press conference, where reporters eagerly asked questions, lasted about 30 minutes. Trump also revealed earlier that tariffs on agricultural products will be imposed on April 2nd. Regarding the Russia-Ukraine conflict, Trump stated that although he had a public dispute with Zelensky, the mineral trade with Ukraine has not been called off, and there is no mention of suspending military aid to Ukraine. Trump also hinted that if Zelensky does not agree to sign a ceasefire agreement, his presidency may not be guaranteed. He will provide updates on the mineral agreement progress on the evening of the 4th. In addition, in the context of US-Russia relations, there are reports that the US is drafting a plan that may grant exemptions to Russia from sanctions.
The U.S. stock market's response was significant ( Golden Ten Data APP )