“Global financial markets declined on Monday, February 3, against the background of customs tariffs introduced by US President Donald Trump on Canada, Mexico and China ..”, – WRITE: epravda.com.ua
Global financial markets declined on Monday on February 3, against the background of duties introduced by US President Donald Trump on Canada, Mexico and China. About it reports Reuters. Trump stated that duties entered on the three largest trading partners of the United States, which would come into force on Tuesday February 4, can bring short -term difficulties for Americans, but “in the long run the United States was stolen by almost all countries of the world.” Global stock markets and currencies have fallen because of fears that these duties provoke a devastating trade war for the economy. Advertising: therefore, the industrial index Dow Jones at the opening decreased by 0.62%, S&P 500 lost 1.17%, and technological NASDAQ composite dropped 2.10%. It happened after the largest daily losses on Asia and Europe. At the same time, Donald Trump hinted on February 2 that 27 EU countries could be the next target of the Trade War, but did not specify when it was. “They do not take our cars, do not take our agricultural products. They accept almost nothing, and we take everything from them,” he told reporters. The advertising: EU leaders who gathered for an informal summit in Brussels on Monday, said that Ready to repel if the US is imposed on duties but also called for rationality and negotiations. Recall: US President Donald Trump has signed three decrees on the introduction of additional duties on goods from Canada, Mexico and China. This was the first official decision within the trade war. Canada and Mexico leaders promised to answer similar measures. Against this background, Canada stated that she would respond to US President Donald Trump’s new duties of 25% of US imports. China plans to challenge new Trump duties in the World Trade Organization (WTO), as well as respond to uncertain countermeasures. Mexico President Claudia Sheinbaum has ordered the relevant tariffs to enter the US decision to enter 25% of duties on all products coming from Mexico.