Global stocks stumbled, as Donald Trump does not provide any rest period of definitions

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The fish on the market deepened due to the deepening of Donald Trump’s tariff on Monday after the American president indicated that he would not back down from his aggressive commercial policies despite the increasing fears of global recession.

Shares She fell hard, refusal of the haven currencies and bond returns fell. The s & P 500 contracts fell 1.9 percent, while the NASDAQ has decreased by 2.1 percent.

Asian stocks were beaten, as the Hang Singh Index in Hong Kong decreased by more than 13 percent, the worst autumn one day in this century.

European stocks fell, as the Stoxx Europe 600 3.8 percent immersed, while DAX in Germany was 3.7 percent lower, as it briefly decreased by more than 10 percent in the open. FTSE 100 3.5 percent decreased.

The heavy fall came when Goldman Sachs raised the possibility of American recession from 35 percent to 45 percent after “sharp tightening in financial conditions” after Trump. Imposing overwhelming fees Commercial partners have last week.

Trump said on Monday that the so -called mutual definitions were bringing “billions of dollars per week” and repeated “a warning of the abuse of countries of non -revenge.”

In a post on his social network of truth, he said that other countries “benefit from the good United States of America for decades.

The US President raised the World Trade Order on what was called “Tahrir Day” last week by imposing duties for more than 40 percent on some of the largest commercial partners in America, which prompted China to Announcing revenge duties From 34 percent.

On Thursday and Friday, more than $ 5 has been erased From the S&P 500, where the worst week of the index was placed since the start of the Coronavirus virus in 2020.

In his annual message to the shareholders published on Monday, the President of JPMorgan Chase Jimmy Damon cautious The World Trade War has risked rid of the American economy to stagnate and pay higher prices.

like Markets Even the supporters of the US President have expressed their concerns about the White House trade agenda.

On Sunday, billionaire investor Bill Akman warned X that Trump’s tariff had risked the United States to “the economic nuclear winter resulting itself.”

Akman also attacked the Minister of Commerce, Howard Lottenic, “indifferent to the stock and economy market,” claiming that Lottennik and his company Cantor Fitzgerald had made money through their ownership of fixed -income assets.

Saint bonds, such as US Treasury bonds, have risen at the price during the decline in shares in the past few days. Akman said Lottennik “profits when our economy explodes.”

The hedge fund investor also expressed the billionaire Stanley Drukmeleler, his opposition to Trump’s commercial policy, as he wrote about X: “I do not support the customs tariff that exceeds 10 percent.”

The US Treasury’s return for 10 years, which was closely seen by Trump administration officials, was fixed at 3.99 percent.

The return in Japan decreased for 10 years 0.06 degrees Celsius to 1.12 percent, while the return for 10 years in Germany fell 0.06 percent to 2.56 percent.

“Investors close many situations in light of volatility,” said Jason Louie, head of the stock division in the Asia Paris region at BNP Paribas. “(Fall) is a reflection of some relaxation in the sites, especially external locations in Japanese banks and financial data.”

The goods were subjected to heavy losses, as oil prices in West Texas decreased, and they decreased by 2.6 percent to $ 60.36 a barrel. Brent international crude decreased by 2.5 percent to $ 63.93.

Bitcoin 2 percent fell to $ 77232 symbol.

The US dollar fell 0.1 percent against a basket of the largest commercial partner currencies. The wild Chinese authorities have placed the wild Renminbi at their weakest levels since early December at 7 yuan for the dollar of the dollar.

On Sunday, Treasury Secretary Scott Besent refused the market’s “short term” reaction to the aggressive definitions of the president, and he told NBC that the White House “will” the White House “Holding the course“.

When asked if Trump’s tariff was negotiable, he said: “We will have to see what the (other) countries offer and whether it is reasonable.”

An additional report on Hohasiang Kong