Easy to fall after Trump’s tariff turmoil

US President Donald Trump’s tariff planning on a global sale in the financial market on Monday, but stopping the last -minute tax on the taxation of Mexico has led to salvation.

After a sudden loss early on that day, the News of the Repress promoted a partial recovery, and Dow Jones Industrial AVERAGE reduced only 0.3 % a day.

After Trump issued an order to apply tariffs from Canada, Mexico, and China on the weekend, the rebound pledged that the tariffs on the EU would definitely happen, following a sudden slide.

Investors are concerned that customs duties will reach large companies’ revenue and global growth, but many want Trump is not serious.

The S & P 500 closed 0.76 %, and NASDAQ lowered the day by 1.2 %.

Canadian Prime Minister Justin Toldo held discussions with Trump on tariffs that would come into effect on his country at midnight.

After the market was closed, Torudeau said that two men agreed to pause for 30 days.

Panmure Liberum’s economist, Simon French, stated that the investor had “pricing” for the agreement with Canada, and that the threat was “simply a position for negotiations from the Trump administration.”

Previously, the US dollar was strengthened in the currency market in uncertainty, and it has risen to a record high for China, but Canadian dollars have plunged to the lowest level since 2003.

Concerns about tariffs also hit Asia and European shares.

The German stock market has decreased by 1.4 %, and the worst hits and French CAC 40 indexes have decreased by 1.2 %. In London, FTSE 100 ended about 1 % a day.

“Investors are rattling in the outlook for a full -fledged trade war,” said Susannah Streeter, the head of the Hargreaves Lansdown and the market manager.

On the weekend, Trump ordered 25 % of tariffs on exports from Canada and Mexico to the United States.

Products made in China face 10 % of collecting in addition to existing tariffs.

Trump, which has been linked to concerns about the flow of illegal drugs and immigrants in the United States, targets the three largest trading partners in the United States and threaten a major confusion in some of the world’s largest economy.

Canada and Mexico said they would fight back in retaliation, but China has promised to take measures to respond and have pledged to challenge Trump’s movements in a World Trade Organization.

However, on the signs of how quickly the situation could change, Trump and Mexico’s President Mexico Mexico agree to dispatch 10,000 units on the border on Monday. He continued to negotiate, and he said that customs duties would be maintained for one month. 。

Many people are still seeking a wider tension after Trump said on Sunday to impose tariffs on the EU, but the British may resolve the transaction while it is “out of columns”. I said there was.

In THE DOW, both NIKE and Apple, which aim to represent the economy, are tracking 30 famous companies, and the biggest blow, Apple, and Apple. It has decreased by 3 % or more.

In other places, car manufacturers such as Tesla and General Motors also saw the stock price dropped.

In Japan, Toyota’s stocks decreased by 5 %, Honda sank 7.2 %, and in Europe, VW and Stellantis shares (Crysler, Citroen, Fiat, Jeep, Peugeot, etc.) decreased by about 4 %.

Deisio’s shares, a drink maker that export Tequila from Mexico to the United States, finished a day and trimmed previous losses.

AJ Bell’s investment director Russ Mold said that the market had a red flash sea.

The tariff has added, “It will be higher inflation, and there is a possibility that further reductions will be stopped for the time being -the opposite of what investors want to happen.”

“The higher price may hurt demand, and it may have a trickle down effect that defeats business and consumers’ trust and supplies weaker economic activities.”

The prospect of interest rates has helped to strengthen the dollar by staying longer and higher.

Not only is the dollar in China and the Canadian dollar rising, but the Euro has dropped for more than two years to US currency.

Traders have tried to analyze how the Canada and Mexican tariffs (two sources of petroleum imports to the United States) affect the market, and the price of petroleums has risen following tariff news.

Investment Bank Saxo’s chief investment strategist, Char Chanana, warned that tariffs could be beneficial to the United States economy in the short term, but would take serious risks in the long term.

“Repeated use of tariffs can reduce the dependence on the United States to other countries and reduce the dollar’s global role,” she added.