Harvard University on April 17, 2025 in Cambridge, Massachusetts.
Sophie Park | Getty Images News | Getty images
The “America First” ideology of the president of the United States, which, in general terms, prioritizes the domestic over the international, is based on the assumption that the world needs the United States more than the world needs.
This may be true for status quo. The United States is the largest importer in the world and among the greatest exporters, according to the worldwide commercial solution, a database provided by the World Trade Organization. And their policies are already feeling: factories in China are struggling to fill their orders books due to the increase in export costs to the United States.
But the change is off. Countries are finding ways to respond to Trump’s nationalist gestures.
The nations of Southeast Asia, who suffered the worst part of Trump’s tariffs, are joining to increase intragional trade and diversify their export destinations. China, after evaluating the severity of Trump’s threats, seems to be ready to strengthen their fiscal stimulus and is also expanding other foreign markets.
Nor is it as if the United States has the monopoly on all aspects of international affairs. China controls much of the rare earth elements supply chain, as well as critical minerals such as nickel and copper. Trump’s green light to the extraction of these elements is a sign that the United States is playing with China.
A “America First” policy can be counterproductive, since it drives other countries to take measures that may leave the US behind.
What you need to know today
Asia markets mark
The main indexes of the USA. Uu. He S&P 500 It increased 0.74% on Friday to mark their first four -day winning streak since January. He Nasdaq compound Advanced 1.26% and Dow Jones industrial advanced at 0.05%. However, stock futures exceeded Sunday night. Asia-Pacific markets increased on Monday. Japanese Nikkei 225 Added around 0.4%. Tokyo actions Toyota motor Increased approximately 3.7% in the company’s reports that are exploring a 6 billion power agreement ($ 42 billion) to acquire Toyota Industries.
China asks for more financial support
China plans to help companies with difficulties with “multiple measures” and requested “timely reductions” of interest rates against the “greatest external clashes”, gives a reading of a meeting of Politburó chaired on Friday by President Xi Jinping, the meeting of the Politburo, the second most powerful political body in China, arises when the commercial war between the United States and China is heated.
Factories in China stopping work
Chinese manufacturers are stopping production and sending workers home as the impact of US tariffs is established, according to companies and analysts. This phenomenon occurs largely in Yiwu’s export centers and Dongguan for now, said Cameron Johnson, a senior consulting partner of the Tidalwave Solutions consulting. But Chinese companies already resort to customers in Europe and Latin America to compensate for a deceleration in exports to America.
Trump signs the order to boost deep water mining
The president of the United States, Donald Trump, signed on Thursday a broad executive order to boost the controversial practice of deep water mining, which uses heavy machinery to eliminate minerals and metals from the seabed. The movement tries to underpin US access to strategically important minerals such as nickel, copper and rare earth elements, compensating China’s dominant position in critical mineral supply chains.
Southeast Asian countries are directed with each other
The export-oriented Asian countries were affected by Trump’s “reciprocal” rates and the following American-China commercial war. China is among the largest commercial partners for those countries, while the United States serves as its strategic partner in areas such as defense and development. However, instead of choosing one side, the nations of the region are developing their own economies and strengthening commercial ties with each other.
[PRO] Eyes in profits and data
More than 180 companies in the S&P 500 report their results this week, which makes it the busiest period of the first quarter profit season, says Sarah Min de CNBC. Companies to be taken into account include goal platforms, Microsoft, Amazon and Apple. Investors should also see the Personal Consumer Expenses Price index, Wednesday and non -agricultural payroll, Friday.
And finally …
Indigo is one of the few flights to reduce airplane and cannelling to avoid Pakistan airspace.
Nicolas Ecomo | Nurphoto | Getty images
Indian airlines cannot fly over Pakistan. This is how that is affecting flights
The closure of Pakistan of his airspace to Indian Airlines on Thursday is forcing carriers to alter some routes that link India with Europe, North America, Central and the Middle East Asia.
The closure of the airspace occurs in the midst of Tit-For-Tat reactions of neighbors with nuclear weapons, after the murder of 26 tourists in the picturesque city of Pahalgam in the state of Jammu and Kashmir in the northwest of India.
Indian carriers, including Air India, Indigo, Akasa Air and Spicejet, must now fly more time, and therefore more expensive, flights on some routes west. The detour could push some flights to add a fuel replenishment stop or cancel certain routes completely.
Indian carriers will pay a price, but passengers may not see that air rates rise a lot due to the closure of Pakistan airspace, said John Grant, head analyst of the OAG Aviation Intelligence Company.