High sectors after Trump’s tariff

The stock markets rose on Thursday, after US President Donald Trump turned around most of the customs tariffs, with the sectors providing multiple losses.

Trump A large adverse cycle In the White House commercial policies on Wednesday, it dropped its own tariff to a 10 % global average for all trading partners, except for China.

Tensions between Washington and Beijing remain high, as Trump raised duties on goods from China to 125 %. He referred to the “lack of respect” shortly after Beijing responded to retaliatory measures to the initial definitions of the White House.

CNBC takes a look at some of the largest winners on the market.

Germany Volkswagenand BMW and Mercedes Benz collection All jumped over 9 % after a short period of the opening bell. Milan runway StelantisWhich has home names including Jeep, Dodge, FIAT, Chryler and Peugeot, rose 14 %.

In Asia, the Japanese Nissan increased by 9.5 %, Honda 8.4 % jump, while Toyota Trading 7.7 % higher.

The car industry, which has been severely exposed to Trump’s backward commercial policies in recent months, has been, especially given the high globalization of the sector for supply chains.

Some of the largest European lenders, Santander Bankand German bank and Intesa Sanpaolo It rose 9-11 % by 9 am London time, with a Swiss giant UBS 9.5 % increase.

The bank’s shares were on a journey in the spring this spring, as it gained sharp momentum following the announcement of the European Union’s defensive infiltration initiative in March, before it took bruises after Washington’s tariff ads on April 2.

European banks were particularly vulnerable to the US dollar, which they kept in large reserves, and the dark phenomenon of global growth prospects that could tighten investment and demand for loans.

Analysts also arouse the possibility of recession in the largest economy in the world, which can translate into low interest rates and frequently shrink a clear interest margin and hit bank revenues.

Pharmaceutical stocks also jumped on the signs of postponement on Thursday, after sitting among the worst performances on Wednesday amid Trump’s indication that the tariff for the industry will come “Very soon.”

Novo Nordsk The largest winners among European health care stocks were Thursday morning, and gained 10 %. Novartisand Bayerand RushBavarian North and Astrazeneca It was also more than 5 % higher.

It follows gains in Asia to companies, including Dichchi Sancio and Coking medicines.

Pharmaceutical companies have so far been exempt from commercial fees, given their role as critical commodities producers. But hopes At the level of industry at the level of industry I faded recently, as the Trump administration said last week that it might launch the so -called 232 investigation In the sector, which can eventually lead to a targeted tariff.

Luxury stocks in early European trade rose, leading more gains than prestigious names such as LVMHand dryand barbaric and Richmont.

It was believed that the role of high-end fashion, which is its EUROPE sticker, is part of the large-to-name protected by the initial effects of definitions, given the power of the strongest pricing and its ability to transfer the added costs to consumers.

However, analysts warned against The broader economic shrinkage These increases can make more difficult, even for the richer shoppers.

This can be particularly difficult in the two largest economies in the world, the United States and China – both of which are the main growth engines of the sector.

Equipted shares in London Anglo -American 11 % jumped shortly after the open. Antofagastaand Glencore and Polidin The last time was seen by 8 % more, while Red River Spread gains from 4.6 %.

Analysts have previously warned that Trump’s underdeveloped trade policy, along with the escalating trade war, could harm the demand for minerals and raw materials.