US President Donald Trump said that he will be open to negotiations with other phenomenal countries. “If someone says that we are going to give you something so phenomenal if he gives us something good,” he told reporters aboard the Air Force on Thursday.
Your comments came after several White House employees insisted that newly informed mutual tariffs They were not contractualfeeds even more uncertainty about the tariff plans of the US President, who made World scholarships fall And on Thursday they destroyed about $ 2 billion (1.8 billion euros) on S&P 500.
A Advertising of tariffs “Liberation Day” scared global marketsSince investors were afraid that world trade war could lead a world economy to recession or even great depression in the style of the 1920s. On the eve of Trump announced mutual tariffs against 180 countries, Including a penguin that lived onlyWith a range and scale, never seeing a century. Despite Chaos, Trump insisted that the economic effect would be temporary, and that the scholarship markets would “explode”.
“It is unlikely that political uncertainty will decrease soon, and probably for some time it will continue to teach prospects by damage to companies and consumers and force the market participants to evaluate the risk,” wrote Michael Brown, senior research in the Pepperstone London in the note.
On Wednesday, Trump announced the base rate of 10% for all countries, and additional import rates in some countries were considered infrastructures. The White House confirmed that 10% of the base rates will enter into force on April 5, while mutual rates will enter into force on April 9, leaving little time for negotiations.
Wall -Strite records the worst day since 2020
In the US scholarships, an intensive sale has suffered, which has not seen since 2020 when the Covid-19 caused restrictions and closing companies around the world. Dow Jones Industrial Averag fell by more than 1600 points, or 3.98%, S&P 500 fell by 4.84%and NASDAQ composite, which fell by 5.97%.
Among the main actions of the technological sector, Apple led to loss of loss, decreasing by 9.25% of fears about violations caused by tariffs in his offer and global sales networks, especially in China. In addition to the existing 20% customs rights, the country will now encounter 54% of the import rates of the Trump administration. Beijing promised to take a “contradiction” in response to mutual tariffs. The shares of Amazon and Meta Platforms fell by 9%, and NVIDIA fell by 7.8%. Other technological actions of seven magnificent groups fell by 2% to 6%. The actions of retail sellers, such as Nike, LululeMon and Ralph Lauren, were also one of the worst performances, falling 14.4%, 9.6%and 16.3%, respectively.
The US dollar significantly weakened compared to other currencies of the G10 group, since investors and merchants were subjected to their American assets. The dollar index fell to less than 102, at the lowest level since October 2024. However, asylum coins, including the euro, Japanese yen and Swiss Franco, intensified significantly.
The obligations of the US Treasury have increased from a sense of lack of risk. 10 -year yield of treasure fell by 9 basic points to 4.04%, since the prices of obligations back to income. The expectations of a new reduction in interest rates of the Central Bank and an increase in demand for securities can continue to grow prices for obligations. Along with the restoration of obligations, gold also registered profits, despite the fact that he retreated to his maximum intravenous.
European luxurious actions fall at the peak
The European shareholders markets also closed in the Red Sea on Thursday, while the pan-European pan-European panel is 600 to 2.7%, from DAX by 3.01%, and CAC-40-NA 3.31%. Trump’s announcement about a 20% rate on the products of the European Union caused turbulence. In response, French President Emmanuel Macron European companies pronounced to suspend investment in the United States.
European luxurious assets, including LVMH, Hermès, Richemont and Kering, fell by 5.62%, 3.51%, 6.32%and 7.51%, respectively. Adidas has fallen by almost 12% from its great impact on world markets. The United States is an important market for these European luxury brands, and tariffs are expected to have a significant impact on sales.
In addition, the actions of car manufacturers continued to influence tariffs, as 25%entered into force. Volkswagen shares fell by 4.42%, BMW by 3.55%and Porsche 3.06%.