Arrows slip around the world while investors retreat from the Trump tariff

Financial markets fell all over the world after President Trump announced on Wednesday a A barrage of new definitionsWith futures contracts in the United States that indicate a sharp decrease when Wall Street opens to work.

About two hours before the start of trade at 9:30 am, East time, the S&P Futures Futures decreased 190 points, or 3.3 %, while the future contracts for the Dow Jones Index and the NASDAQ of Heavy Technology, respectively.

Foreign markets also decreased in trading overnight. In Asia, the NIKKEI 225 index in Tokyo decreased by 4 % for a short period, as auto and banking companies have achieved great successes, before decreasing by 2.8 %, while Korea fell in South Korea by 1.1 %. In Europe, DAX decreased in Germany by 1.7 %, and France CAC lost 40 in Paris by 1.8 % and FTSE 100 Britain 100 %.

Gold prices for a long time reached a record increase at $ 3167 before investors overwhelmed the impact of the escalating trade war of the White House.

“The shares slide in all markets where the world responds to the worst commercial war than expected (and ridiculous),” Adam Krizifolley, head of biotechnology, told investors in a research note.

Mr. Trump said that the United States will impose a 10 % basic tariff on all trading partners in the United States starting from April 5. Four days later, the United States was also appointed Application of mutual definitions Nearly 60 countries.

Although the American markets were drifted on Wednesday as investors were hoping to obtain more commercial policies restricted by the White House, the reality is now biting amid fears that the economy could stop and may carry the recession.

“The Trump administration has adopted an approach to shock therapy in definitions, and imposed a very high tariff on all its main commercial partners.” Analysts at Societe General said in a report on Thursday.

They added: “There is no doubt that these definitions are worse than some of the worst scenarios that are earlier, both in total levels and economics through the economy. This group of definitions, if it continues, is very likely that global trade will lead to recession.”

He contributed to this report.