Wall Street the Well the global markets With a strong fall on Thursday after the President of the United States, Donald TrumpDefinitions will be announced on goods imports from all over the world. The effect of climbing the tariff on global markets and economists warned against this Stagnation this more. S&P futures collapsed by 3.4 % before the bell, while the futures of the industrial average Dow Jones lost 2.8 %, predicting possible losses when American markets were reopened again. The future of Nasdaq has decreased 3.8 %.
Petroleum prices fell by more than 4 % and the dollar has reached its lowest level against the Japanese yen since the beginning of October. It was The fourth day in a row in American markets started to fall earlyAlthough unlike the previous three, it seems unlikely to recover the procedures at the end of the day.
After the US market was closed on Wednesday, Trump announced a basic tax 10 % for imports from all countries And the high rates of tariffs on dozens of countries that have trade surpluses with the United States. Trump said the United States will impose a 34 % tax on imports from China, a 20 % To those from European Union And 32 % to Taiwan, a decisive supplier for computer chips.
Reactions in Asia
The advertisement wasShock“, According to Leib Junong, from IG, in a comment.”ChinaIn particular, it was affected by an additional tariff of 34 %, raising its total introductory load to 64 % if the previous measures are taken into account. “
Losses in Asia It has been partially expanded by new economic stimuli expectations by Beijing to compensate for the impact of the highest customs duties. Hong Kong Hang Singh lost 1.7 % to 22,813.22 points, while the Shanghai complex index achieved 0.2 % to 3,342.01 points.
Trump said he wanted to make customs tariffs the world’s system more just and that manufacturing functions from other countries belong to the United States. But the customs tariff threatens to reduce the growth of the United States and other economies, with an exacerbation Economic inflationThis seems to him Roard stagnant over a 2 % goal From the federal reserve.
I felt these fears in The retail sector. Many American companies have moved their production to places such as Vietnam in recent years to avoid sanctions against China. but, Vietnam He is now One of the most affected countries For Trump’s tariff. Nike, Best Buy and Dollar Tree procedures collapsed with more than 11 % before the opening of Campana on Thursday.
Trump has previously announced the definitions of 25 % around Car imports; Anxiety against China, Canada and Mexico; And extension of definitions on Steel and aluminum. Trump has also put the tariffs on the countries that import Venezuela oil And plans separate taxes on importing pharmaceutical medications, wood, copper and computer.
Flips in the bond market
Treasury returns on the market ranged BondsCiting the frequency note in the stock market. The treasure bonus revenue decreased for 10 years to 4.04 % during the night, compared to 4.23 % on Wednesday and 4.80 % from the beginning of the year. In the morning he settled at 4.11 %. Top returns may indicate more economic expectations or inflation.
he oil He did not get rid of the collapse. American crude reference resulted in $ 3.36, $ 4.7 %, up to $ 68.35 a barrel. Brent raw, international standard, $ 3.29, or 4.4 %, up to $ 71.66 a barrel. Oil prices are usually less when pessimism increases in the economy, because it literally fuel most of the economic growth. Oil is purchased and sold in US dollars, and although protective commercial policies can raise the country’s currency, dollar He went down Thursday.
“most Raw material prices We are under“Gold, in order to worry that this great escalation of the trade war is not only harmful to the global economy, but also for Americans,” said Sal Gawatiri and Jennifer Lee, BMO Capital Markets Economics.
World markets digest news
in EuropeThe markets were also fed at the back, although the fall was not as radical as in the United States. German DAX decreased by 2.4 %, CAC 40 Parisine 2.7 % and British FTSE 100 1.5 %.
in AsiaThe Tokyo Nikki 225 index fell 4 % for a short period, and car manufacturers and banks were exposed to significant losses. Close a decrease of 2.8 %, up to 34,735.93 points. The Japanese yen gained land, and the US dollar fell to 146.64 yen from 149.28 yen. The euro rose to $ 1,1080 from $ 1,0855. In South Korea, affected by a 25 % tariff, the KOSPI reference index decreased by 1.1 %, to 2,486.70 points.
in AustraliaS&P/ASX 200 decreased by 0.9 %, to 7,859.70 points. The Bangkok group resulted in 1.1 % after a 36 % tariff assigned to its exports to the United States in Thailand. According to Kasem PRUNTANAMAA, by CGS International, this may cause a decrease in Thai exports between 7000 and 8000 million dollars, or 2.3 % of the total.
