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American stock markets, UK and European declined in the midst of “Trump’s action of Trump” | Stock markets


The stock markets in the United States, the United Kingdom and Europe have suffered from severe fall after Donald Trump announced a number of definitions, which prompted fears of a global trade war.

The US President shaken investors by signing the customs tariff for China, Canada and Mexico during the weekend, which led to what he quickly described as a “Trump’s introductory attack”.

FTSE 100 Share 122 points, or 1.4 %, fell to 8551 points, and retreating the record last Friday.

The DAX index in Germany decreased by 1.6 %, while CAC 40 fell from France by 1.5 %. Spain IBEX decreased by 1.5 % and lost FTSE MIB in Italy 1 %.

Wall Street follows the European markets less. Dow Jones Industrial Average of 30 large American companies opened 1.26 %. The broader S&P 500 index decreased by more than 1.6 %, while technology -focused NASDAQ decreased by approximately 2 %.

NVIDIA, the American technology company, who suffered from a record price last week after the appearance of the Chinese company Dibsic from artificial intelligence, was the largest period in Dow, a decrease of more than 5 %.

Shares declined in some of the largest European car makers. Volkswagen, BMW, Porsche, Volvo Cars, Stelliantes and Daimler Truck fell between about 5 % and 6 %. French auto parts resource Falo fell by 8 %.

Trump announced a 25 % tariff on Mexico and Canada, and a 10 % tariff on Chinese goods.

In London, stocks fell in companies through many industries. The shares of Scotland Investment in Mortgage decreased, which have investments in American technology companies, JD Sports Fashion and Miner Antofagasta more than 4 %.

The pound fell to a decrease against the augmented US dollar, a decrease of 0.6 % to $ 1.23, but increased by 0.5 % to 1.20 euros when the euro was under pressure.

The Canadian dollar reached the lowest level in 20 years against the US dollar before recovering some losses. Doug Ford, Prime Minister of Ontario, the most populated province of Canada, said it would prevent American companies from providing contracts until the customs tariff is removed.

He added: “The US -based companies will now lose tens of billions of dollars in new revenues. They only have President Trump to blame.

“We are going forward. We will tear the boycott contract with [Elon Musk’s] Starlink. Ontario will not deal with people to destroy our economy. “

Asian markets were the first to open since the weekend tariffs, as Nikki fell in Japan by 2.8 % and Hong Seng in Hong Kong by 1 %, although Chinese markets on the mainland are still closed to spend the new moon vacation until Wednesday.

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The sales of the cryptocurrencies, which have gathered since Trump’s election in November. Bitcoin, the largest encrypted currency in the world, reached the lowest level in three weeks of 91,441.89 dollars overnight and reached 95,730.35 dollars, a decrease of 6.2 %.

One of the largest banks in Wall Street, Jpmorgan, has expressed concern that the Trump administration makes conditions more difficult for companies.

“The end of this week challenges our basic view that the Trump administration will strive to reduce sabotage policies because it is a balance of its desire to limit participation with the world with a commitment to supporting American companies,” said Bruce Kasman, chief economist at JP Morgan Chase.

“In short, the danger is that the policy mix (perhaps inadvertently) tends to a non -business position.”

“It seems that February is likely to start a Trump tariff act,” said Richard Hunter, head of the markets in the investment platform investor online.

Naim Aslam, chief investment official in Zia Capital Markets, said that investors were preparing to increase uncertainty in global trade and economic stability: “These shrines are driven by the investor’s concern about the broader impact of definitions on the global economy, especially as a European stand that is very intertwined with American commercial policies .

“This does not mean that the UK’s economy will avoid impact from the definitions, but this means that the British economy may be more flexible than anywhere,” said Kathleen Brooks, XTB.

“It is too early to know exactly the impact of definitions on the global economy, but it is fair to say that they have high potential to operate inflation and stability on global growth, including the American economy,” she added.

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