The financial market and world leaders will respond to the progress of Trump tariffs
Carefully, the global leaders and the economic market and the duty began to understand Donald Trump’s statements on the climax of the duty.
Earlier, Republican presented a series of mutual tariffs to 185 countries Brazil has reached 10%. Also, from March 12, 25% tax for all US steel and aluminum imports.
US Bags after Trump announced the market after the market. The S&P500 indicator, which connects 500 largest companies in the indicator, has dropped more than 3%. Nasdaq has dropped more than 5%.
Coins like Mexican weight and Canadian dollar have lost their strength to the US dollar as a result of the new rates.
Beyond the evolution of markets, The rulers also responded. The Brazilian government lamented Trump’s decision and said it was trying to maintain the interests of Brazilian producers.
The announcement also highlights the passage of executive power to respond to the Tariff War. Itamarati assesses all opportunities of action He insisted that he was still ready for a conversation with the White House.
20%of rates against the European Union. Inside the block, the Italian Prime Minister Georgia Maloni said he hoped to work with Americans to prevent trade war.
United Kingdom, angry, He said he had many tools available and did not hesitate to respond. However, the British stressed that they were ready to negotiate with Washington. The country is taxed 10%.
In Asia, China has promised to look forward to Trump charges. South Koreans They asked for an emergency meeting to discuss the appropriate reaction.
One of the largest trade partners in Americans, Canada said he would respond to Trump on Thursday. The Prime Minister of India Mark Carney has acted seriously against the attack and that the tariffs will be fundamentally transformed by the international commercial system, but the announcement admits that “a piece of relations is preserved” between the two countries.
* With information from Zono Nakamura to CNN
