U.S. President Donald Trump speaks as the White House Oval Office signs an executive order to impose a 25% tariff on all U.S. steel and aluminum, thus extending its trade restrictions to some of the country’s top tiers Trading partners.
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It’s very quiet…too quiet.
After a few quiet weeks on the tariff front, U.S. President Donald Trump has once again set his sights on Canada and Mexico and promised tariffs that were stopped earlier this month will “go forward” next week.
Trump signed the execution order on February 1 25% tariff About Mexico and Canada’s products, as well as 10% tariffs on Canadian energy.
Additionally, the ranks between U.S. federal workers and Elon Musk’s government efficiency continue to exist after the Office of Personnel Management appears to undermine Musk’s threat to federal workers.
Musk’s governor sent an email to all federal workers last week saying those who failed to submit their recent achievements would face forced “resignation.” Later, OPM informed the top government HR officials who responded to the email “is voluntary”.
But Musk then doubled his threat and said in a post on X on Monday night: “A second failure to respond will result in termination.”
— Lim Hui Jie
What you need to know today
Trump says tariffs on Canada and Mexico “will continue to move forward”
President Donald Trump Monday said, sweeping us tariff From import Canada and Mexico “Will move forward“When a month of delay is implemented next week, Trump signed the execution order on February 1 25% tariff About Mexico and Canada’s products, as well as 10% tariffs on Canadian energy.
OPM weakens Musk’s threat of resignation, Musk doubles
Federal Personnel Management Office Monday Weak threat Elon Musk will face forced “resignation” with government staff who have not submitted their recent achievements list. According to an internal email sent by the Justice Department’s head of human resources, “OPM also clarified that a non-response to the email does not mean resignation.” Musk put his list on the unsubmitted in a post on Monday night on X. The threat of federal employees doubled.
Jamie Dimon calls our government “inefficient”
JPMorgan CEO Morgan: “The government is inefficient, not very capable, and requires a lot of work.” Jamie Dimon tells CNBC. “It’s not only a waste and fraud, but it’s the result.” His response comes after CNBC’s Leslie’s selector asked Dimon Elon Muskconsulting subject. Dimon said he did not want to make a “binary” response, but said the Trump administration’s efforts to control and review federal agencies “need to be done.”
The US market is very large
The US market mainly glides On Monday, as Trump’s tariff threat continues to weigh on investors’ sentiment. this S&P 500 Lossed 0.5%, while Nasdaq Composite Materials It fell 1.21% as the stocks of major tech companies were under pressure. this Dow Jones Industrial Average The reduction gain is 0.08%. In Europe, The market has also declined Monday, Pan-European Stoxx 600 The index fell 0.08% as traders The result of the German federal election.
(Pro) JPMorgan says shrugs and puts on Trump’s tariff promotion may be wrong
JPMorgan Chase says American investors may be wrong Reduce tariff issues and high valuations of the stock market. Investors should not mistake its surprising power for bullish signals, especially when the White House tariff announcement flows, said Mislav Matejka, an equity strategist at JPMorgan Chase. continue.
at last…
Anthropomorphization CEO Dario Amodei spoke on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland on January 21, 2025.
Gerry Miller | CNBC
Humans raise $3.5 billion in funding round as investors’ interest soars
CNBC confirmed that humanity is negotiating to raise $3.5 billion in funding rounds, which is much higher than previously expected.
The round will raise the valuation of AI startups to about $61.5 billion, according to two sources familiar with the deal. Sources said Lightspeed Venture Partners led the funding with the involvement of General Catalysts and others.
