Global stock markets Noseedive again amid Trump’s “Medicine” tariff – my country

worldwide Stock markets Severe dived periods, feeding fears of that American definitions It would lead to a global economic slowdown. European and Asian stocks witnessed dramatic losses, as the pioneering US index broke out in the land market lands in pre -market trading, and oil prices decreased.

The tremendous sale of the risk assets at the beginning of the trading week follows President Donald Trump’s announcement of the high import taxes of the United States and revenge on China, which witnessed a sharp decline in markets Thursday and Friday.

The Nikkei 225 index in Tokyo lost approximately 8 percent after a short period of the opening of the market and the Significant Trading of the Standard was suspended for a short period. It closed 7.8 percent at 31136.58.

European stocks followed the Asian markets lower, led by the DAX index in Germany, which briefly decreased more than 10 percent in the open in Exchange Frankfurt, but it has recovered some land to move to 5.8 % in morning trading. In Paris, CAC lit up 40 5.8 percent, while FTSE 100 in Britain lost 4.9 percent in the European morning.

In the future, the United States referred to a weakness in the future. For the S&P 500, they lost 3.4 percent, while on the Dow Jones, they threw 3.1 percent. Nasdak’s futures lost 5.3 percent. If the future losses before the market are achieved when the US market opens, the S&P 500 will enter the bear market-which is defined as a fall of more than 20 % of the peak. The index was from 17.4 percent as of the end of last week.

Friday, The worst market crisis since the Covid-19 pandemic It turned into a higher gear where the S&P 500 decreased by 6 % and Dow decreased 5.5 percent. The Nasdaq compound fell 3.8 percent.

“There is no sign yet that the markets find a bottom and start stability,” Deutsche Bank wrote in a research note.

Late on Sunday, Trump repeated his intention to provide a tariff of up to 10 percent to 50 percent on imported goods in the United States, a step that is considered to be large -scale global trade chains and supply across border. Speaking to Air Force One, he said he did not want to fall global markets, but also he was not concerned about the tremendous sales, adding: “Sometimes you should take the medicine to fix something.”

The heavy sale kicked after China on Friday match the Trump tariff, which increased the risks in a trade war that may end with a lot of fear in a global recession. Even a better report on the US labor market, usually economic discrimination every month, was not enough to stop the slide.

“The idea that there is a lot of uncertainty in moving forward on how these definitions are operating, and this is what drives this decrease in stock prices,” said Rintaro Nishimura, a Asian group.

Chinese markets often do not follow global trends, but they also fell. Hang Sang from Hong Kong fell 13.2 percent to 19,828.30, while the Shanghai index lost 7.3 percent to 3,096.58. In Taiwan, Tixs decreased 9.7 %.

KOSPI from South Korea lost 5.6 percent to 2,328.20, while S&P/ASX 200 in Australia lost 4.2 percent to 7343.30, recovered from the loss of more than 6 percent.

Asian economies are severely exposed to Trump’s definitions because they depend on exports, and a large share goes to the United States.

“Besides the collapse of the market, the biggest concern is the impact and potential crises of small and commercial economies, so it is important to know whether Trump will reach most countries soon, at least partially,” said Gary Nug of Nataxis.

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Oil prices also sank, as US crude fell from $ 2.30 to $ 59.69 a barrel. Brent crude, the international standard, abandoned $ 2.33 to $ 63.25 a barrel. As with the larger sale process, the decline was fueled by fears that the definitions would slow economic growth. This will reach the demand for fuel, and the decrease comes after the moves to increase production by the OPEC+Producers Alliance.

The exchange rates also arouse. The US dollar fell to 146.24 Japanese yen from 146.94 yen. The yen is often seen as a safe haven in times of turmoil. The euro rose 0.3 percent to $ 1.0992.

More countries are likely to respond to the United States with a retaliatory tariff. Looking at the large number of countries concerned, “it will take a long time from our point of view to work through the various negotiations that are likely to happen.”

“Ultimately, we take the market in an uncertainty and the fluctuations are likely to last for some time,” he said.

The Federal Reserve can reduce the blow of definitions on the American economy by reducing interest rates. Companies and families can encourage borrowing and spending. But the head of the Federal Reserve, Jerome Powell, said on Friday that the high definitions could increase inflation expectations and that low rates may still increase prices.

It depends a lot on the duration of Trump’s tariff and how other countries interact. Some investors hold the hope that it will reduce the definitions after negotiating the “victory” from other countries.

Stewart Kaizer, head of the US -shares strategy in Citi, wrote in a memorandum to customers that profit estimates and stock values ​​still reflect the full impact of the trade war. “There is a large space to the negative side despite the great withdrawal,” he said.

Cortbach mentioned from Bangkok. The Associated Press Ayaka McGill, Paul Harlov and Jiang Junzi contributed.

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