One hour before the opening of the official market, benchmark Stoxx 50 indexes fell 2.3 %, German DAX index futures decreased by 2.1 %, and French CAC 40 contracts decreased by 1.7 %.
In the currency market, the euro decreased by 1.2 % to $ 1.0238, the minimum in two weeks, 1.3 % of Canadian dollars, and 2.2 % for Mexico pesos. Both Canada and Mexico have already announced measures.
Trump uses tariffs to re -adjusts the huge trade deficit in the United States, and in the first example aims to return the manufacturing industry to the United States, but economists say that they will boost prices around the world and impair growth. Masu.
Julian Hinz, an economist from the German Keel, is a hit against Canada, in the first year of tariffs, which could be more than 4 % of the Mexican economy in the first year of tariffs. It was estimated that it could almost increase. 3 %. In the case of Canada, Trump does not impose other products 25 %, but only imposes 10 % duty for energy imports, so the worst scenario can still be avoided.
Trump has not announced any measures against the EU so far, but he said he was “absolutely” on the weekend.
