There were price losses on Wall Street on Thursday. The Dow-Jones index of the default values closed around one percent lower to 42,579 points on the most important US exchange. The technology -based Nasdaq Composite gave 2.6 percent to 18,069 points. The broad S&P 500 lost almost 1.8 percent to 5,738 points.
US trade policy again caused nervousness. US President Donald Trump had initially stated that the next month there will be no exception for cars from the tariffs against Canadian and Mexican imports. Read more here.
U.S. President Donald Trump has announced a visit to the kingdom with reference to large investments from Saudi Arabia. “I’m going to Saudi Arabia,” Trump said in front of journalists on Thursday, without calling a date. Riad had agreed to invest a trillion dollar (around 927 billion euros) in the United States for over four years, “so I go there,” added Trump. Trump left it open whether he will meet Russian President Vladimir Putin in Saudi Arabia. Read more about this here.
Elon Musk has received a public ruffle of US President Donald Trump. Trump wrote Trump Trump Truth Truth Social. “To the extent that the ministers know and understand the employees of the different departments, they can decide very well who stays and who goes,” said Trump. The “scalpel and not the ax” should be taken, Trump advised. He made it clear that the ministers he appointed had the decision -making power.
At a cabinet meeting in which Elon Musk took part, the US president is said to have become even clearer. Read more here.
The US envoy for the Middle East, Steve Witkoff, has announced talks with a Ukrainian delegation about a ceasefire with Russia. The meeting should take place in Saudi Arabia, said US President Donald Trump’s representative on Thursday to journalists in Washington. The meeting should deal with the general conditions of a “peace agreement” and a break of fire. Read more about this here.
