The aggressive attack of Donald Trump last night’s tariffs to all countries in the world announcing last nightExpected is more difficult than the torch, which fell like a cold water jug in the markets. In Europe, the bags have begun with 2% of the order’s drops due to the impact of the decline of the European economy, although the descending over a few moments will be moderate. German DAX is 1.5%left, Euro Stoxx 50 2%, French CAC 2%, Italian MIB 1.6%and British Ftese removes 1.1%. The United Kingdom benefits from 10% of the European Union less than 20%. Miners are the losses of the Spanish Stock Exchange, where the Ibex 35 limits its 0.6%drop. The red numbers of Europe follow the negative trail of Asia, where Tokyo’s nicky fell 2.77% and Hong Kong Hong Seng exit 1.52%.
Trump seems to be the beginning of the trade war announcement. President of the European Commission, Ursula van der Leen, this Thursday on the new tariffs to “go to negotiations from the confrontation”. Meanwhile, the Chinese government has asked the United States to cancel 34% of new levies on Chinese products, which have added to 20% of the US president’s previously imposed. In the case of the European Union, a specific tariffs will be applied to every country or economic alliance that rise to 20%, but the 10% base duty will be effective from April 5, on Saturday. Trump has argued that these measures will transfer their product to the US and warn the global economic downturn and inflation threat. “This is not only for the American economy, but also for the global economy, but for the global economy, but many countries enter into a recession,” said Olu Sonola, director of fitch ratings. Trade partners are expected to respond with resistance that causes prices to increase.
Trembling also reaches currencies and debts. He is Euro The scale against the dollar is 2% and the unseen levels from September. Each European currency turns 10 1,105. The profitability of the 10 -year -old American treasure bonds drops over 12 basic points in five months, up to 4.06%. Markets discount a higher likelihood for interest rates cuts in the US, although the tariffs are expected to cause sudden increase in inflation. The tariffs imposed by Donald Trump also affect raw materials, especially the oil, the trade war brakes world trade and causes the recession in some great forces. The Brent Oil Barrel drops more than 4%, which is $ 71.6, and West Texas (WTI) falls 4.7%.
The tariff plan has already been closed on European bags and Wall Street on Wednesday. Before knowing the details, New York Parrakeet ended in Green, but American futures already represent a strong waterfall To start this Thursday. Futures of the S&P500 mark decrease by 3.1%, dough zones less than 2.8%and Nasdaq’s nearly 4%go back. Investors bet on sales in operations and especially punish technical and automotive values. 25% of tariffs for US imported cars came into effect this Thursday. Parts made by Mexico and Canada are excluded from tariffs, Japanese, South Korea and German vehicles are mostly affected by this measurement.
Before the arsenal tariff that disrupts global trade and supply chains, investors are preparing for slow economic growth in the US and get shelter Oro And the yen. The precious metal reaches a historical maximum of $ 3,160.
“The US effective tariff rate is higher than a century than all imports,” said City Operations Strata Ben Viltshire. “Totions are much higher than we have expressed. Before we talk about whether the clarity will increase the market. But now there is a clarity that no one looks like,” said Robertz Stephen’s chief economist Reuters Jeenet Geratti. “The tariffs have exceeded a lot of reference expectations, if they do not negotiate quickly, depression estimates in the United States will increase well,” said IG market analyst Tony Psychamore. “The supply shock is produced by tariffs on the US economy and prices, and then uncertainty about companies and consumers, is problematic for growth,” said Tai Hui, head of the Asia-Pacific Market Management of JP Morgan Morgan asset management.
What values are increasing or less?
Arselormittal: -4,65%
IAG: -4,5%
Santanander: -3,6%
Banking: -3.7%
Asirinax: -3,6%
Those who go up the higher:
Solaria: 3,4%
Immigration: 2,
Cellnex: 2,9%
The keys that day
- United States President Donald Trump, Wednesday announced that the minimum universal tariff will be imposed 10% For all imports and high trade deficit countries and blocks with high trade deficit, including the European Union, which applies 20%. Its major business partners are applied to much larger rates than Expected Targed: European Union (20%); China (34%); Japan (24%); Vietnam (46%); Taiwan (32%); India (26%); South Korea (25%); Thailand (36%); Switzerland (31%); Indonesia (32%); Among them are Brazil and the United Kingdom (10%). This list contains about 200 countries. At the moment, Canada and Mexico are still subject to national emergency related to Fentanil and immigration, so that the new regime does not apply.
- European Commission President Ursula Van Der Leen said on Thursday that the new tariffs were declared to the White House for many for its commercial partners, which affecting the European alliance 20%, They are “a tough blow to the world economy”. Van Der Leen has developed that the EU is preparing his answer.
- Spanish President Pedro Sanchez has announced that it will mobilize 14.1 billion euros on American tariffs. The President denounced Washington’s “unilateral” attack “unprecedented” tariffs.
- The impact of the trade war can scratch between 0.4 and 0.8 points of global growth this year, increases the global inflation (four tenth of EU) and more than 300,000 of the developed economies finish the full -time jobs According to economists’ estimates.
- “The worst financial nightmare in Europe is now realized,” the economists explained in a note about the news about US tariffs.
- According to the Bank of Spine this Thursday, 6,848,072 million euros in the statement of state bonds and obligations, in the planned average range, and by reducing the profitability of investors over a period of 3 and 7 years.
Scholarship – Foreign exchange – Debt – Interest rates – Raw materials