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Global stock markets were full of 2 trillion dollars on Thursday, because on Thursday, Donald Trump reacted to new tariffs. The markets were caught in the guard with how sting and how wide.
“It’s open to our markets – it’s clear for the growth of our world,” said Derek Holt, Vice President and the Capital Markets Economics ScotiaBank.
Sales demolition emphasizes the main question in the center of Trump’s trade policy, Announced on Wednesday. The United States, about every country, leaves a 10 percent tariff, like China, like China, 34 percent, 20 percent of the European Union and 46 percent in Vietnam.
On the one hand, the US president wants the organization of 70 years of global trading and the work of the world to be changed. However, he also handed over the freedoms to protect American work as the auto industry and Taiwanese semiconductors.
A message installed in the market: Trump cannot be both ways.
Clock | How Trump has declared the Tariff War in the world:
Trump announced that dozens of ‘mutual’ tariffs. Who is – and don’t – was it shot? Then, Trump said that the United States has fallen by applying steep tariffs to Canadian-imported American dairy products. Is it true?
“The United States cannot be a cake and can’t eat it,” said Karl Schamotta, Corpai Financial Services company General Market Strategy.
Schamotta said the United States has established a global trading system in the last 70 years and is the basis that benefits.
“If you cancel the world order, you will pay the costs,” he says.
“The question is that the stomach (Trump) is to endure the political pressure and negative consequences of the stomach.”
Automatic Manufacturers Produced
The stock exchanges are not the only ones that show signs of pain.
After a few hours after the tariff announcement, the owner of Jeep and RAM brands Stellantis, Production of some plants has been suspended In Canada and Mexico. Trump was also expected to be widely expected as a 25 vehicle tariff Would appeal to parts that are not American Used in vehicles made outside the US
Clock | Stellantis Idsles in Windsor, Ont, 2 weeks:
The car manufacturer confirmed that Stellantis, Windsor, closes the assembly plant in the ONT. The anIfor is 444 local, about 4,500 people work in various jobs and businessmen in the factory.
However, it will be a knocking effect on American production to close production in plants. The break for Stellantis will affect some of the US energy and stamping facilities that support these factories.
This will lead to the withdrawal of American workers.
Stellantis said in a statement to CBC, about 3,200 people in Canada and about 900 people in the United States.
Clock | Canada strikes 25% of the United States-generated transport:
US President Donald Trump’s US President Donald Trump’s trade policy revealed to the US President Donald Trump’s trade policy. Prime Minister Mark Carney said Trump’s tariff plan was completely different from the global economy of the global economy. ‘
Thus investors lose their shirts. American workers are drawn and tariffs have not yet been fully applied. This time Canada A compatibility applied 25 percent of tariffs US-made vehicles.
BMO Chief Economist Sal Guatieri said that we do not have a way to know how much worse worse.
“Now the big question is how many aggressive are they aggressive by increasing the threatening opposite measures of the president after the president and the risk of global and US decline?” The guatier wrote.
Textiles are subject to most tariffs
Tariffs are tax on American business. Budget Laboratory at Yale University crushed numbers and found The announcement of Wednesday was 22.5 percent and the highest level in the United States since 1909.
Economic Director of the Budget Laboratory Ernie Tedeschi, prices for new tariffs will increase by 1.3 percent. This means that every family’s purchasing capacity will fall to $ 2,200 per year, and on average wrote in the social media post. All this year’s tariffs will raise the prices by 2.3 percent, increase the amount of $ 3,800 for a loss.
Clock | ‘We did not expect such high tariffs’ said Vietnamese textile site:
Tran-Nhu Tung, Thanh Kong Textile Investment Group, said the US tariff’s influence would say more to make American orders lost as Canada.
The Budget Laboratory found that Trump’s most exposed product is textile and clothing. When all the tariffs declared so far, the weaving prices will increase by 17 percent.
Eating will be disproportionately, as well as increased by 2.8 percent of all files.
It is from a president selected by voters who are worried about the growing cost of living.
Trump’s Trading Secretary Howard Lutnick made tours on Monday on Monday on Monday. Bloomberg control The host Jonathan Ferro asked the question that shades all the trade policies: “How much pain do you want to endure? How much do you want to endure?”
Lutnick, a successful investment magnate, which is a successful investment magnate, has been pushing, as one of the votes they face with criticism, pushed for harsh tariffs for more hard tariffs.
Clock | Trump tariffs divide many Americans:
US President Donald Trump’s politicians supporting or frustrating tariffs in Canada were divided along the party lines and were arrested in the middle.
“What will happen here, the Great American economy that won here. Anyone who doubts and doubts the strength and strength of the American economy, or the American economy is a foolish bet.”
However, he can say difficulties for everyone who receives these tariffs out of the United States
“Of course, importers will have a difficult time thinking of what they go and find the world’s cheapest production. It’s time to bring this production house.”
In other words, he wants American companies using cheap jobs to return employees to the United States. Will manage the price of American consumers.
The question in the coming weeks and months will cling to the weapons of the management, and for this refund, the consumer will pay for the payment of shares and prices.
