{"id":19986,"date":"2025-10-04T01:00:07","date_gmt":"2025-10-03T18:00:07","guid":{"rendered":"https:\/\/nopphatnguoi.vn\/blog\/thi-truong-dau-khi-cang-thang-vi-chinh-sach-thue-moi-va-dam-phan-thuong-mai\/"},"modified":"2025-10-04T01:00:08","modified_gmt":"2025-10-03T18:00:08","slug":"thi-truong-dau-khi-cang-thang-vi-chinh-sach-thue-moi-va-dam-phan-thuong-mai","status":"publish","type":"post","link":"https:\/\/nopphatnguoi.vn\/blog\/thi-truong-dau-khi-cang-thang-vi-chinh-sach-thue-moi-va-dam-phan-thuong-mai\/","title":{"rendered":"Th\u1ecb tr\u01b0\u1eddng d\u1ea7u kh\u00ed c\u0103ng th\u1eb3ng v\u00ec ch\u00ednh s\u00e1ch thu\u1ebf m\u1edbi v\u00e0 \u0111\u00e0m ph\u00e1n th\u01b0\u01a1ng m\u1ea1i"},"content":{"rendered":"<div>\n<p>Gi&aacute; d&#7847;u th&#7871; gi&#7899;i hi&#7879;n &#273;ang ch&#7883;u &aacute;p l&#7921;c gi&#7843;m trong ng&#7855;n h&#7841;n do nh&#7919;ng lo ng&#7841;i v&#7873; nhu c&#7847;u ti&ecirc;u th&#7909; v&agrave; t&igrave;nh h&igrave;nh l&#7841;m ph&aacute;t, &#273;&#7863;c bi&#7879;t l&agrave; khi M&#7929; &aacute;p thu&#7871; l&ecirc;n t&#7899;i 41% &#273;&#7889;i v&#7899;i h&agrave;ng nh&#7853;p kh&#7849;u t&#7915; &#7844;n &#272;&#7897;, Canada v&agrave; &#272;&agrave;i Loan. Tuy nhi&ecirc;n, trong tu&#7847;n qua, gi&aacute; d&#7847;u &#273;&atilde; th&#7875; hi&#7879;n xu h&#432;&#7899;ng t&#259;ng, v&#7899;i gi&aacute; d&#7847;u WTI t&#259;ng h&#417;n 6% v&agrave; d&#7847;u Brent t&#259;ng g&#7847;n 5%. Ch&iacute;nh s&aacute;ch thu&#7871; m&#7899;i c&#7911;a M&#7929; v&agrave; c&aacute;c cu&#7897;c &#273;&agrave;m ph&aacute;n th&#432;&#417;ng m&#7841;i &#273;ang l&agrave; nh&#7919;ng y&#7871;u t&#7889; chi ph&#7889;i ch&iacute;nh &#273;&#7871;n h&#432;&#7899;ng &#273;i c&#7911;a gi&aacute; d&#7847;u.<\/p>\n<p>C&aacute;c chuy&ecirc;n gia &#273;ang c&#7843;nh b&aacute;o r&#7857;ng ch&iacute;nh s&aacute;ch thu&#7871; m&#7899;i c&oacute; th&#7875; d&#7851;n &#273;&#7871;n vi&#7879;c t&#259;ng gi&aacute; h&agrave;ng h&oacute;a trong n&#432;&#7899;c, g&acirc;y &aacute;p l&#7921;c l&ecirc;n t&#259;ng tr&#432;&#7903;ng kinh t&#7871; v&agrave; &#7843;nh h&#432;&#7903;ng &#273;&#7871;n tri&#7875;n v&#7885;ng gi&aacute; d&#7847;u trong th&#7901;i gian t&#7899;i. Vi&#7879;c M&#7929; &aacute;p thu&#7871; nh&#7853;p kh&#7849;u c&oacute; th&#7875; l&agrave;m t&#259;ng chi ph&iacute; cho c&aacute;c doanh nghi&#7879;p v&agrave; ng&#432;&#7901;i ti&ecirc;u d&ugrave;ng, t&#7915; &#273;&oacute; &#7843;nh h&#432;&#7903;ng &#273;&#7871;n nhu c&#7847;u ti&ecirc;u th&#7909; d&#7847;u.<\/p>\n<p>Ngo&agrave;i ra, r&#7911;i ro &#273;&#7883;a ch&iacute;nh tr&#7883; c&#361;ng &#273;ang gia t&#259;ng khi T&#7893;ng th&#7889;ng M&#7929; Donald Trump d&#7885;a &aacute;p l&#7879;nh tr&#7915;ng ph&#7841;t 100% v&#7899;i c&aacute;c n&#432;&#7899;c ti&#7871;p t&#7909;c mua d&#7847;u t&#7915; Nga. &#272;&acirc;y l&agrave; m&#7897;t y&#7871;u t&#7889; quan tr&#7885;ng c&oacute; th&#7875; &#7843;nh h&#432;&#7903;ng &#273;&#7871;n ngu&#7891;n cung d&#7847;u to&agrave;n c&#7847;u. Theo ph&acirc;n t&iacute;ch c&#7911;a ng&acirc;n h&agrave;ng &#273;&#7847;u t&#432; JP Morgan, c&aacute;c bi&#7879;n ph&aacute;p tr&#7915;ng ph&#7841;t n&agrave;y c&oacute; th&#7875; khi&#7871;n kho&#7843;ng 2,75 tri&#7879;u th&ugrave;ng d&#7847;u\/ng&agrave;y c&#7911;a Nga g&#7863;p r&#7911;i ro. &#272;i&#7873;u n&agrave;y c&oacute; th&#7875; d&#7851;n &#273;&#7871;n s&#7921; thi&#7871;u h&#7909;t ngu&#7891;n cung v&agrave; &#273;&#7849;y gi&aacute; d&#7847;u t&#259;ng m&#7841;nh.<\/p>\n<p>V&#7873; m&#7863;t k&#7929; thu&#7853;t, gi&aacute; d&#7847;u WTI &#273;ang dao &#273;&#7897;ng trong kho&#7843;ng 64,11 &#8211; 70,51 USD\/th&ugrave;ng. &#272;&#7875; x&aacute;c &#273;&#7883;nh xu h&#432;&#7899;ng ti&#7871;p theo c&#7911;a gi&aacute; d&#7847;u, c&#7847;n theo d&otilde;i s&aacute;t sao di&#7877;n bi&#7871;n c&#7911;a ch&iacute;nh s&aacute;ch thu&#7871; v&agrave; r&#7911;i ro &#273;&#7883;a ch&iacute;nh tr&#7883;. S&#7921; thay &#273;&#7893;i trong c&aacute;c ch&iacute;nh s&aacute;ch n&agrave;y c&oacute; th&#7875; c&oacute; t&aacute;c &#273;&#7897;ng l&#7899;n &#273;&#7871;n th&#7883; tr&#432;&#7901;ng d&#7847;u v&agrave; c&aacute;c nh&agrave; &#273;&#7847;u t&#432; c&#7847;n ph&#7843;i th&#7853;n tr&#7885;ng trong vi&#7879;c &#273;&#432;a ra quy&#7871;t &#273;&#7883;nh.<\/p>\n<p>&#272;&#7889;i v&#7899;i nh&agrave; &#273;&#7847;u t&#432; v&agrave; c&aacute;c b&ecirc;n li&ecirc;n quan, vi&#7879;c c&#7853;p nh&#7853;t th&ocirc;ng tin v&#7873; c&aacute;c di&#7877;n bi&#7871;n ch&iacute;nh tr&#7883; v&agrave; kinh t&#7871; l&agrave; r&#7845;t quan tr&#7885;ng &#273;&#7875; c&oacute; th&#7875; &#273;&#432;a ra quy&#7871;t &#273;&#7883;nh s&aacute;ng su&#7889;t. C&aacute;c bi&#7879;n ph&aacute;p tr&#7915;ng ph&#7841;t v&agrave; ch&iacute;nh s&aacute;ch thu&#7871; c&#7911;a M&#7929; &#273;&#7889;i v&#7899;i h&agrave;ng nh&#7853;p kh&#7849;u t&#7915; m&#7897;t s&#7889; qu&#7889;c gia s&#7869; ti&#7871;p t&#7909;c l&agrave; t&acirc;m &#273;i&#7875;m c&#7911;a th&#7883; tr&#432;&#7901;ng. B&ecirc;n c&#7841;nh &#273;&oacute;, t&igrave;nh h&igrave;nh &#273;&#7883;a ch&iacute;nh tr&#7883;, &#273;&#7863;c bi&#7879;t l&agrave; li&ecirc;n quan &#273;&#7871;n vi&#7879;c cung c&#7845;p d&#7847;u t&#7915; Nga, c&#361;ng s&#7869; l&agrave; y&#7871;u t&#7889; then ch&#7889;t &#7843;nh h&#432;&#7903;ng &#273;&#7871;n gi&aacute; d&#7847;u trong th&#7901;i gian t&#7899;i.<\/p>\n<p>C&aacute;c nh&agrave; &#273;&#7847;u t&#432; v&agrave; chuy&ecirc;n gia ph&acirc;n t&iacute;ch &#273;ang theo d&otilde;i ch&#7863;t ch&#7869; c&aacute;c di&#7877;n bi&#7871;n n&agrave;y &#273;&#7875; c&oacute; th&#7875; d&#7921; &#273;o&aacute;n ch&iacute;nh x&aacute;c h&#417;n v&#7873; xu h&#432;&#7899;ng gi&aacute; d&#7847;u trong t&#432;&#417;ng lai. V&#7899;i nh&#7919;ng bi&#7871;n &#273;&#7897;ng kh&ocirc;ng ng&#7915;ng trong m&ocirc;i tr&#432;&#7901;ng kinh t&#7871; v&agrave; ch&iacute;nh tr&#7883; to&agrave;n c&#7847;u, vi&#7879;c duy tr&igrave; s&#7921; linh ho&#7841;t v&agrave; c&#7853;p nh&#7853;t th&ocirc;ng tin l&agrave; &#273;i&#7873;u ki&#7879;n ti&ecirc;n quy&#7871;t &#273;&#7875; &#273;&#7889;i m&#7863;t v&#7899;i nh&#7919;ng r&#7911;i ro v&agrave; c&#417; h&#7897;i tr&ecirc;n th&#7883; tr&#432;&#7901;ng d&#7847;u.<\/p>\n<p>T&oacute;m l&#7841;i, m&#7863;c d&ugrave; &aacute;p l&#7921;c gi&#7843;m trong ng&#7855;n h&#7841;n &#273;ang hi&#7879;n di&#7879;n, nh&#432;ng c&aacute;c y&#7871;u t&#7889; nh&#432; r&#7911;i ro &#273;&#7883;a ch&iacute;nh tr&#7883; v&agrave; c&aacute;c bi&#7879;n ph&aacute;p ch&iacute;nh s&aacute;ch &#273;ang gi&#7919; v&#7919;ng xu h&#432;&#7899;ng t&#259;ng cho gi&aacute; d&#7847;u trong th&#7901;i gian t&#7899;i. Nh&#7919;ng ng&#432;&#7901;i quan t&acirc;m &#273;&#7871;n th&#7883; tr&#432;&#7901;ng d&#7847;u c&#7847;n theo d&otilde;i ch&#7863;t ch&#7869; nh&#7919;ng di&#7877;n bi&#7871;n n&agrave;y.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Th\u1ecb tr\u01b0\u1eddng d\u1ea7u kh\u00ed tu\u1ea7n qua ch\u1ee9ng ki\u1ebfn c\u0103ng th\u1eb3ng do lo ng\u1ea1i nhu c\u1ea7u v\u00e0 l\u1ea1m ph\u00e1t t\u1eeb ch\u00ednh s\u00e1ch thu\u1ebf m\u1edbi c\u1ee7a M\u1ef9 v\u1edbi h\u00e0ng nh\u1eadp kh\u1ea9u t\u1eeb \u1ea4n \u0110\u1ed9, Canada v\u00e0 \u0110\u00e0i Loan. Gi\u00e1 d\u1ea7u WTI v\u00e0 Brent t\u0103ng h\u01a1n 6% v\u00e0 g\u1ea7n 5%, nh\u01b0ng v\u1eabn \u0111\u1ed1i m\u1eb7t \u00e1p l\u1ef1c ng\u1eafn h\u1ea1n t\u1eeb ch\u00ednh s\u00e1ch thu\u1ebf v\u00e0 \u0111\u00e0m ph\u00e1n th\u01b0\u01a1ng m\u1ea1i.<\/p>\n","protected":false},"author":1,"featured_media":19987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[3],"tags":[612,15606,4737,15605,15604],"class_list":["post-19986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-thoi-su","tag-chinh-sach-thue","tag-gia-dau-tang","tag-lam-phat","tag-nhu-cau-nang-luong","tag-thi-truong-dau-khi"],"_links":{"self":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/posts\/19986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/comments?post=19986"}],"version-history":[{"count":0,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/posts\/19986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/media\/19987"}],"wp:attachment":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/media?parent=19986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/categories?post=19986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/tags?post=19986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}