Markets move up as the white house signs offer commercial agreements, automatic rates are repressed

The markets continued to be seen on Tuesday when Trump administration officials tried to calm the eager investors. The last one who sought to reverse recent volatility was the secretary of commerce Howard Lutnick, who emerge to CNBC to indicate a possible trade agreement.

“I have made an agreement, done, I have made, but I have to wait for his Prime Minister and his parliament to be approved, which I hope soon,” said Lutnick, who did actions, although he refused to specify if he referred to Canada, the United Kingdom or another country.

The S&P 500 ended up increasing 0.58% the day following poorly bright performance On Monday, he still saw a small improvement in the recent deposits.

Uncertainty is still

Despite the increase in Tuesday market, Trump officially closed the first 100 days of his second term with one of the the worst beginnings For a president in almost a century, and the strongest descent since Gerald Ford took over Richard Nixon 50 years ago.

The aggressive and unpleasant persecution of Trump of wide rates, included against American allies, has scared the investors, although Lutnick’s Tuesday’s appearance was part of what seems to be a wider walk in the administration. From January 20 to the end of April, the S&P dropped by almost 8%, a shocking performance given the excitement of investors for Trump’s return to the post, including by their supporters like Acarnissades like Elon Musk. Tesla is still 50% of its December peak, although the recent removal of Musk from its efficiency from the Government Department has led to the free fall of shares.

Although Trump officials work to restore the confidence in the markets, large companies continue to express caution for the impact of rates on everyday prices. Much of Tuesday’s news cycle focused on a report that Amazon It was planned to show the costs of the consumers of all products: a company decision denied After the White House called the “hostile and political” plan and Trump convene Founder Jeff Bezos. Amazon’s shares decreased by 0.17% a day.

However, the most important tower could increase the performance of the future market. Tuesday afternoon, the Wall Street Journal reported that Trump is wait To soften the automotive rates, preventing the duties of foreign car cars from stacking other rates and reduces taxes to certain foreign parts used to make cars in the United States

If implemented, the movement would represent a rescue for automobile manufacturers, continuing the Trump policy of creating cut for specific industries, as did it before by phones, computers and chips. Apple He has been a beneficiary, with his actions gaining almost 3% over the past week. Ford shares obtained more than 1% last day but General engines Shares dropped around 0.6% on Tuesday.

As the decisions of the Trump administration continue to rolls, other countries seek stability. On Monday, the liberal wing of Canada claimed a political comeback with former central central Mark Carney, Mark Carney, catapulted to the Prime Minister’s office after it seemed that his party would lose due to the unpopularity of his predecessor, Justin Trudeau. The support of the voters to Carney, who has criticized Trump’s rhetoric against Canada, was a strong reproach for the protectionist policies of the United States.

This story originally presented to Fortune.com