European shares are swing after Donald Trump’s Tariff Danger

Unlock Watch Bulletin Free from White House

Trump’s second term Washington, your guide for what tools for business and world

European reserves shifted in response to US President Donald Trump on Monday, the latest escalation of the trade war in response to 30 percent of the EU.

The German DOC index fell by 0.9 percent in the afternoon and 0.5 percent in the French CAC 40 percent. The wide Stoxsh European, which includes markets such as the United Kingdom, decreased by 0.4 percent.

After announcing the piles scheduled for Trump on Saturday, the actions were postponed to receive planned revenge tariffs In the United States, in the hope of reaching an agreement with Washington before the last date of August 1.

Trump’s announcement has noted the latest in a number of trade threats in the US management over the past week.

The new 30 percent tariff proposal is much higher than the level of 20 percent declared “Freedom Day” in April. However, the market reaction was limited, and some investors said they expect him to step back from his steep threats before August 1.

“After a while the tariffs between many empty threats can be managed, some concerns may encourage market performance to push himself to push himself to another,” Zurich is a head market strategist. ”

“I think that this is higher in modest and more modest in April, the risk of disruption in the summer.”

Stoxx 600 Subconsex Tracking Karmakers and other auto companies fell 1.1 percent. Mercedes-Benz and BMW fell by 1.7 percent and 2.2 percent, respectively.

Luxury companies that sell to the United States have also suffered. Hermes shares fell 1.9 percent and kering fell 1.5 percent. Pandora fell 2.7 percent.

Slipped down 0.1 percent more than the euro dollar.

US shares also fell on Monday, while the US shares fell on Monday, but the ups were more silent.

Wall Street’s Blue-Chip S & P 500, slipped 0.1 percent in the opening call and the NASDAQ was opened straight.

Peter Schaffrik, a relatively silent market reaction from the European Capital Markets in the European Capital Markets in RBC, said that the relatively silent market reaction is a bet on the Tactical Tactics.

But he worries a little more. We are here before. We were not negotiating here.

Analysts say that if a larger sales probably are 30 percent of tariffs – which Trumpan is against Mexico Saturday – comes into effect.

Barclays said, “The United States has reduced the risk of revenge and deeper recession, to increase up to 4 percent of the EU, probably,” said double figures.

The barclays note added that “We will settle on high levels threatened by Trump.” Goldman Sachs analysts also said that “doubts about the resistant of the contradictions and sustainability of potential implementation.”