The White House announcement that the US will raise the total tax on imported Chinese goods to 104%has canceled the effort made by Wall Street today to recover part of the overwhelming losses brought about by the sweeping duties announced by Donald Trump.

The US market, following the upward expansion of Asia-Pacific stock markets initially and in Europe, then after four strong losses, started the meeting upward, but returned to a downward trajectory a few hours before closing.

The climate change was caused by the mouthwriter of the White House spokesman, Caroline Levit, that the US will impose 50% of America on Wednesday morning (America) in China, raising total duties to the US Imports to 104%.

This is because Beijing did not find its decision to retaliate, a similar amount of tax on the 34% of Trump last Wednesday, within the deadline given by the US president.

In fact, after Trump’s threat, he said he would not succumb to the “blackmail” of the United States and that “if the US insists on, China will fight to the end”, implying that it is willing to escalate this trade war between the two.

And at a time when the highest duties on the “worst offenders” US traders in the US are in place tomorrow, a development that has significantly increased the risk of global and American economy in recession to recession and re -exhausting inflation.

In the midst of this climate, the main indicators of the US market extinguished their initial profits and closed for another day with significant losses.

In particular, the industrial index Dow Jones It closed 320 points or 0.84% ​​lower, at 37,645 points, although intra -conferences reached up to 3.9%, with its losses in the four -day period that has been mediated by Trump’s tariff bomb measuring at almost 5,000 points.

The wider S&P 500 It fell 1.47% to 4,987 points, losing the psychological level of 5,000 points, and is now literally a breath away from Bear Market, as it is 19% lower than the historic high of February.

With strong losses, the techno -arboret was closed Nasdaqwhich slipped another 2.15% today and closed at 15,267 points, although enduring enduring 4.5%.

Finally, losses of 2.57% was noted by the Small Capital Index Russell 2000.