European futures fall more than 2% after tariffs announced by Trump

Foto del autor

By TP

The European futures more than 2% fall after tariffs announced by Donald Trump This Wednesday, after the closure of Wall Street. The future of Dax 40 German falls 2.4%, and the future of Cac 40 French yields 2.1%. The president of the United States has announced 20% tariffs for all imports from the European Unionof the 10% to the United Kingdomof the 34% to China and of 24% to Japan. In addition, he has announced a 10% minimum tariff For the rest of the countries. In this sense, the future of British Ftse 100 It falls more moderately, 0.8%, while the future of Japanese Nikkei yields 2.2%. In Wall Street, the future of Dow Jones falls 0.4%, while the S&P 500 yields 1.6% and the Nasdaq 2.4%. Regarding two of its main commercial partners, Canada and Mexicoto those who have already applied specific tariffs, Trump has not mentioned them or have been included in a list published by the White House.

The first valuations

«Trump caused an impressive turbulence in the markets with his tariff announcement. Trump's initial statements seemed to confirm that only 10% tariffs would impose in a generalized waywhich made the shares upload and lower the dollar, but The situation was quickly reversed after its presentation«, says Chris Beauchamp, chief market analyst at IG.» The wide range of tariffs is a Hard blow to the World Trade Systemsince the United States imposes strong rates to its main business partners. The news has caused a strong fall of the futures and promoted the dollar. The actions had been recovered after today's news, and this scenario is much worse than expected. After a brief rebound in relief, the Perspectives for stock markets seem gloomy«adds this expert. For its part, Susannah StreeterDirector of Markets at Hargreaves Lansdown, affirms that «this will contribute greater clarity to economic forecasts, business strategy and investment decisions.» «However,» he adds, «It is not clear to what extent other countries could retaliate with tariffs or how the trade war could be intensified. There is also no certainty about the negative impact on consumer confidence and growth prospects, both in the United States and in the world economy. «» Also, «concludes this expert,» given Trump's history of apparently improvised policy changes, There is still the possibility that new surprises occur»

Other markets

In other markets, oil Brent It falls slightly 0.2% ($ 74.31). For its part, the euro 0.5% ($ 1,0848), and the ounce of gold rises 1.3% ($ 386) and renews historical maximums in addition, the 10 -year American Bonus Profitability relaxes 4,136% and Bitcoin rises 0.8% ($ 85,672).

0