Trump’s ritual duties describe China as “threatening”

Asian markets collapse after customs rise between Washington and Beijing
Asian markets on Monday morning, after a great fall hitting “Wall Street”, Friday; As a result of the increased US President Donald Trump in customs duties, Beijing also responded to the same, leading to the sales group in the global markets.
US futures indicate further decline, as the Futures of Standard & Poor’s 500 indicator declined 3.7 percent, and the Dow Jones Index fell 2.9 percent, while the Nasdock index increased by 4.7 percent, the associated press said.
Since the spread of “Kovid -19”, Friday saw the worst market crisis, where the “Standard & Poor” index fell 6 percent, and Dow Jones fell 5.5 percent, while the Nasdock index lost 5.8 percent.
In his statements, on Sunday night, Trump restored to customs duties, explained that he did not want the market to collapse from the presidential plane, but he did not worry about sharp landing: “Sometimes you have to take Medicine Shadam to heal.”
In Tokyo, nearly 8 percent passed as soon as the “Nikki 225” index opened, which requires a trading suspension on the index’s futures contracts before it was closed at 31.136.58 points.
The biggest losers were “Mizuho Financial Group”, whose shares fell by 10.6 percent, but the share of the “Mitsubishi UFG Financial Group” fell by 10.2 percent, among investors among investors of the world economy.
“This fall is a blurred size about how things will happen with customs duties,” said Asian group analyst Renjaro Nishwara.
Although Chinese markets are often away from global trends, they have also been severely lost, and the Hong Singh index in Hong Kong has fallen 12.4 percent, and the “Shanghai” index fell 8.4 percent. In Taiwan, the “tax” index collapsed 9.7 percent.
As Chinese markets are closed, these movements may be compensated for the lack of trading, and these movements may be compensated for the lack of trading.
In the technology sector, “Ali Baba” shares fell 9.9 percent, while “TETTine” lost 13 percent of its market value.
In South Korea, the “Cosby” index lost 5.6 percent at 2.328.20 points, with the Australian “S&S 200” index fell 4.2 percent, which reduced its losses by over 6 percent.
Asia is one of the most dependent areas on exports, especially for the United States, which doubles concerns.
Natxis expert Gary NG said: “Rather than fall in markets, its consequences on small and trade -based economies are a great risk,” said Gary NG. So it is important to see whether some countries will soon reach Trump contracts and partially. ”
Oil prices also fell, because the West Texas intermediate raw barrel fell 74 1.74 to $ 60.25, while Brent Crude lost 75 1.75 and settled at $ 63.83.
At the currency level, the US dollar fell to 145.52 yen, and investors were a safe haven for Yen compared to 146.94. Euro has increased from 1.0962 to 1 1.1,000.
Market monitors expect that violent fluctuations will continue in the coming days and weeks in the light of the possibility of resolving short -term trade conflict.
“More countries are likely to respond to such actions to the United States,” said Nathan Thoufet, chief investment officer of Manolav. Depending on the number of relevant parties, the solution to this conflict may take a long time.
“In our opinion, the state of uncertainty and instability will be control over the markets for the future period,” he said.
After China responded to a similar stage, after China responded to Trump’s rise in customs duties last week, China responded to the dangers in the trade war that threatened to bring the world to a recession. The recent positive report in the American Labor market is not enough to stop the downfall.
The Chinese Ministry of Commerce has announced 34 percent of all US imports since April 10 in response to such fees on Washington’s fees on imports from China.
In light of the fact that the United States and China are the two largest economies in the world, fears of this trade war can lead to a global recession. If this scenario is achieved, markets can see more decline.
Trump said in the past that “Americans suffer some pain as a result of drawings”, but he believes that long -term goals such as restoring industrial jobs to the American interior are eligible.
The “Federal Reserve” may try to reduce the economic shock, by lowering interest rates, to stimulate loans and costs, but federal president Jerome Powell warned that fees could play inflation, which would become dangerous.
Most people depend on continuous American drawings and how the rest of the country responds. Although some investors expect Trump to reduce the intensity of Trump’s policies after achieving “negotiations”, it does not seem to be imminent.
“Profits and stock evaluation estimates have not yet reflected the complete impact of the trade war,” said the American Stock Strategy Head Stewart Kaiser in a memorandum. Despite the current decline, there is still a large area for further decline. ”
As his own, when the White House commercial adviser, Peter Navaro appeared on the “Fox News” channel, investors should not be afraid, and repeated the administration’s attention that these procedures lead to the “largest well -being in the stock market”.
“People must adhere to to be calm, let the market decide on its bottom and should not draw behind the terror of the media,” he said.