The resumption of American stocks is sales while traders reduce customs duties

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American stocks closed a sharp decrease, which reflected an early gathering after the White House said that Donald Trump will push forward by threatening to strike China with duties exceeding 100 percent.

The S& P 500 standard is 1.6 percent, which is a large with a profit of 4.1 percent on the trading day. The Nasdaq boat lost more than 2 percent.

Tuesday’s fluctuations were the latest episode of unrest in American stocks after Trump announced last week a plan to impose a severe tariff on dozens of countries, threatening to ignite a comprehensive trade war.

The White House said on Tuesday that an additional tariff of 50 percent on Chinese goods will enter into force on Wednesday after midnight Washington. This will come at the top of the “mutual” measures announced last week, and other fees, providing total duties exceeding 104 percent.

Earlier on Tuesday, the White House indicated an increased willingness to negotiate with the United States’ commercial partners about reducing their fees, but there were mixed signals with the passage of today.

Washington agreed to the opening of talks with Japan, with US Treasury Secretary Scott Beesen on Monday that Tokyo “will get a top priority with progress very quickly.”

Trump has published on his social platform that he also spoke to the South Korean Chargé d’Affairs, adding that “we have borders and a possibility of a great deal of both countries.”

In contrast, tensions between the United States and China rose on Tuesday, as Beijing pledged “fighting to the end” if the United States moved forward with a very declining tariff in the country.

One day, Trump threatened to hit China with an additional tariff by 50 percent, after Beijing said last week that he would match his 34 percent “mutual” duty.

Stoxx EUROPE 600 rose at the region level, FTSE 100 and DAX in Germany, about 2.3 percent on Tuesday.

In the currency markets, the US dollar decreased by 0.3 percent against a basket of commercial partners.

Oil prices fell, as the international standard of Brent decreased by 3.8 percent to less than $ 62 a barrel in the afternoon in New York, while WTI, the US brand, decreased by 3.7 percent to $ 58.46 a barrel.

American oil prices are now less than a level that many American producers need to break even on their wells.



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