PARIS (Reuters) – European stock markets sink into red on Friday, a statistic on employment is below expectations in the United States having added to fears surrounding the announcement of new American customs duties.
President Donald Trump presented an increase in imports imposed on dozens of countries, including Canada, Switzerland, India and Taiwan on Friday on Friday, including Canada, India and Taiwan.
The announcement revived fears around the trade war launched by the Trump administration and its potential impact on the economy, starting with that of the United States.
The official report on employment in the United States showed on Friday that post creations had been much lower than expectations in July, while that for June was revised in sharp decline.
The European scholarships, which opened in the red, dug their losses. At 2:10 p.m. GMT, the CAC 40 fell 2.95%, the German Dax by 2.7%and the pan -European STOXX 600 index by 2%.
In New York, the S&P 500 index yielded 1.6% while the dollar and US bond yields fell.
(Written by Blandine Hénault)
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