The global stock markets, including those in the US and Europe, fell rapidly on Wednesday as US President Donald Trump moved beyond the much -awaited estimated uncertainty Tariff declarationExemption of a capacity Global trade warAccording to the news agency AFP.
Investors are at the edge because Trump prepare to unveil a new wave of tariffs, which is “known as”Liberation Day“The market spirit has been delicate, with speculation about ventilative tariffs and potential growth of trading tensions. The market sentiments have been delicate. Both dollars and oil prices slipped both, while gold, often seen as a safe shelter, contacted his all -time high.
After a slight increase in Tokyo and stabilizing the Chinese markets, European shares were dropped, leading the loss. Wall street continued to decline after opening, further enhanced the investor’s concerns.
Joshua Mahoni, an analyst of Scope Markets, highlighted the increased uncertainty in the markets, traders weighed the potential economic impact of a fully developed trade conflict. Trump’s comments about the years of the United States “Tejashwi” have added concerns that both friendly and adverse nations can be caught in the crossfire of both tariffs.
The uncertainty about Trump’s tariff schemes has been increased by conflicting reports about the details of measures. Initial suggestions indicate that tariffs will match those implemented by other countries, but reports have come to light that Trump blankets may apply 20% tariff or provide preference treatment to some countries.
One of the major apprehensions is the immediate effect of the new 25% auto tariff prescribed to be effective on Thursday. Trump’s planned announcement, which will be after the closure of Wall Street, is expected to provide clarity on the situation, but even further to fuel concerns about global economic growth and inflation.
Tesla, which has become an important stock in global markets, saw its shares up to 5%, as it recorded a 13% decline in auto sales in the first quarter. The contributing to this decline was factors such as the upgradation of the factory and increased dissatisfaction among the customers related to CEO Elone Musk’s participation with the Trump administration.
Major market movements (as 1015 gmt)
- New York – Dow: 0.3 percent at 41,850.20
- New York – S&P 500: 0.4 percent at 5,613.46
- New York – NASDAQ overall: 0.3 percent at 17,399.32
- London – FTSE 100: 0.7 percent at 8,572.49 points
- Paris – CAC 40: 7,814.50 down 0.8 percent
- Frankfurt – DAX: 1.3 percent at 22,245.82
- Tokyo – 0.3 percent (off) at Nikkei 225: 35,725.87
- Hong Kong – Hang Seng Index: Flat (off) at 23,202.53
- Shanghai – Composite: 0.1 percent (off) at 3,350.13
Currencies
- Euro/Dollar: Tuesday at $ 1.0793 to $ 1.0819
- Pound/Dollar: $ 1.2945 to $ 1.2920
- Dollar/Yen: 149.51 Yen to 149.51 Yen down
- Euro/Pound: 83.51 Pence to 83.58 Pence
Commodities
- West Texas Intermediate: 0.1 percent at $ 71.11 per barrel
- Brent North Sea Crude: Below 0.24 percent at $ 74.31 per barrel
