International investors are preparing for the global impact of new US duties in Mexico, Canada and China, along with retaliation
International markets are triggered by the growing trade war launched by US President Donald Trump against enemies and allies, with investors internationally preparing for the global impact of young people US duties In Mexico, Canada and China, as well as their retaliation.
Wall Street has taken the bat after Asia and Europe, with the three main indicators of the US market under significant pressures for a second consecutive day.
In particular, the industrial index Dow Jones notes losses of 1.45%, the wider S&P 500 recedes by 1.04%while the techno Nasdaq It slides 0.34% lower, having reduced its losses earlier reaching 2%.
On Monday, all three main US indicators recorded losses, as US President Donald Trump confirmed that 25% of the US duties in Canada and Mexico will enter into force the next day and that there is no “room” for the two countries. Trump also imposed an additional 10% duty on Chinese products. In retaliation, China announced today that it will impose additional tariffs of up to 15% on some US products and limit exports to 15 US companies.
In Europe, stock markets influenced by the heavy climate have completed today’s meeting with strong losses. In particular, the pan -European index Stoxx 600 It recorded 2.14% dip at 551.08 points, with its highest daily decline since August 2024, with the automotive industry – which is expected to be more affected by the duty war – to drop 5.7% lower. The other pan -European index Stoxx 50, With Eurozone heavy papers, it ended with a 2.58%drop.
The main European stock markets were also closed with strong losses. In Germany, the index DAX ended 3.53% lower, in London the FTSE 100 lost 1.27%while French indicator Cac-40 it slid by 1.85%. In the European region, the Spanish Ibex-35 noted ‘dip’ 2.60%while the Italian FTSE MIB Crushed by 3.41%.
Among the European companies affected was the automotive industry Stellantiswith her title recording a “dip” of 10%, while strong losses of 5%, she recorded her share. Mercedes benz.
On the other hand, the French defense company Thales closed with a 2.5% profit, while earlier it gained up to 12% after the announcement of strong revenue for the whole year 2024. The president of the Commission Ursula von der Laene announces and presented today.
The Athens Stock Exchange However, it managed to “lift” defenses to the international negative climate, with the General Index completing the meeting with low losses of 0.35% to 1,602.15 points, with turnover reaching € 303.5 million, the high capitalization index falling by 0.29% and 0.29%.
In the meantime, losses of 1.5% record prices oil. In particular, the Brent May delivery, loses 1.5% at $ 70.53 a barrel. At the same time, the American crude Wti May delivery records 1.3% losses at $ 67.51 a barrel.
Source: Skai
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