US stock indicators take off amid negative economic statements .. and tribes: Be patient

US equity indicators decreased at the beginning of Wednesday’s trading by negative economic data that highlights the shrinkage of the largest economy in the world, as well as the acceleration of basic inflation, which strengthened the fear of the impact of customs pursuing by the administration of President Donald Trump. The S&P 500 (S&P 500) index fell by about 1.5%, and the Nasdac 100 index fell by 2%, and the Dow Jones Industrial Index contracts fell 0.9%. According to inflation, the average gross domestic product fell 0.3% in the first quarter, according to the government’s initial estimate, which was published on Wednesday. This was against the backdrop of the high imports in the light of the companies that are in a hurry to secure commodities before imposing high customs duties. Many economists expect high customs duties to cause a shock to the supply, which is a challenge for companies and leads to a decline in demand, which has caused doubt about the extent of the ability of consumer spending to push the US economy. Meanwhile, the data showed that the primary inflationary, most followed by the Federal Reserve, up to 3.5% in the first quarter, the highest rate in a year. The uncertainty about the impact of customs duties on inflation and the economy in general would put the Federal Reserve in a difficult position. Cash policy makers have indicated that they will not soon reduce interest until they become clearer the impact of the White House policies on the economy. The US President: This is the Biden Stock Exchange … not Trump and after the economic data has been received, US President Donald Trump said in a post in the social network “Truth Social”: “This is the shares of Biden, not the Trump stock exchange,” notes that former US President de Biden left us with bad numbers. “Trump defended the policy of customs duties and pointed out that the results of the definition policy” will start appearing soon, and companies have started moving to the United States in record numbers. “Trump demanded investors to be patient and said,” Our country will thrive, but we must get rid of the burden of Biden. It will take some time, but if the launch begins, it will not be like any other boom, “to emphasize that the matter” has nothing to do with customs duties, “I took over the reincarters on January 20,” he said.