April 7, 2025
In the world markets, the second day of quotations continues - after Trump's announcement of duties thumbnail
Economy

In the world markets, the second day of quotations continues – after Trump’s announcement of duties

On April 4, the Ministry of Finance of China declared the introduction of 34% of all US goods since April 10 of April 10 as measures in response to tariffs approved by US President Donald Trump”, – WRITE: www.radiosvoboda.org

On April 4, the world stock indices and quotations of raw materials are significantly reduced by the second day in a row – this is the reaction of markets to US President Donald Trump’s decision to introduce duties against goods from most countries of the world and in response, which are announced by US trading partners.

As of 5:00 pm, Dow Jones, as it was on April 3, loses more than a thousand points or about 2.6%, the S&P500 index is losing by 3%. Even greater losses record European stock indicators.

The record and quotes of oil – Brent loses about 7% and fluctuates around $ 65 per barrel, and the Russian variety of Urals is estimated slightly above $ 58 per barrel.

On April 4, the Ministry of Finance of China announced the introduction of 34% of all US goods from April 10 of April 10 as measures in response to tariffs approved by US President Donald Trump. Beijing also added 16 companies from the US to the export control list and introduced restrictions on export of goods related to rare earth elements.

US President Donald Trump on April 2 announced the introduction of duties on goods from all over the world that will be imported to the United States.

The basic customs rate on import of all foreign goods to the United States will be 10%. It will be for the United Kingdom, Brazil, Australia, Turkey, Ukraine and many other countries. For EU countries, it will be 20%, for China – 34%, for South Korea – 25%, for Japan – 24%, for India – 26%.

Cambodia rates (49%), Vietnam (46%) and Sri Lanka (44%) are record.

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