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Stock exchanges in the United States, President Donald Trump saw another casualties on a so-called Reciprocal tariffs Continue to cause global economic uncertainty.
At the closing of the markets on Friday, the Dow Jones industry decreased by 5.5 percent, decreased by 5.8 percent, and 6 percent decreased in S & P 500.
All three indexes have seen the worst two-day length of the economic ruins of Covid-19 Pandeme since March 2020.
Acute drops of shards shaken in the world markets, about all trading partners watched the announcement of Trump on Wednesday. This includes the most partners with 10 percent of the tariffs and more than 60 countries in more than 60 countries with special tariffs.
Report on the New York Stock Exchange, Al Jazeera Kristen Saloomey, said that one of Friday’s announcement of China 34 percent tariff US goods are the most important revenge so far.
“It is afraid of the fear of global trade war and possible global recession, and this is what we play in the markets today.
In turn, Trump, Mar-A-Lago, in the Florida course, was flawless because he took part in the Liv Golf Tournament.
“Many investors, policies, which are investing in the United States and investing mass amounts, will never change,” he said.
He received a new report in the United States to show 228,000 jobs and expectations in March. However, the report was covered for a while before the announcement of new tariffs.
“Hard As” said. “We can’t lose !!!”
As the markets are blocked, Trump, who is in a blocked event, the best Democratic, Chuck Schumer, the President, said he was in a “billionaire balloon”.
Senator Ben Ray Lujan, a Democrat, “When trying to put food on the table, I see Donald Trump played golf there.”
Meanwhile, some Republicans continued to defend Trump, the Republican Senator John Barrasso and Trump with the country with the country with the country with the country with the country with the country.
Inflation warnings, unemployment
GRIM Day at Wall Street Jerome Powell, Jerome Powell, Trump’s “Greater than Expected” tariff program has predicted higher inflation and unemployment.
“We face a highly unemployment and high level of higher risk of higher inflation,” he said.
Powell hoped that Fed could move fast to reduce the enemy. This is a “perfect time” to reduce interest rates, who wrote the truth with a social account, said he would be “perfect time” to reduce interest rates.
Powell said that the Central Bank was very soon to determine what the answer is.
Meanwhile International reaction Continued to drag to the tariffs.
The European Union Trade Commissioner Maros Sefjovic, US Trade Secretary Howard Lutnick and Trade Representative Jamieson’s block of 20 percent of the block was “harmful” and “damaged” and “unfounded”.
“The EU / US trading connection needs a fresh approach. He was preparing to defend our interests in meaningful negotiations. We are in contact.”
There is also a United Nations, which was, which disproportionately affected Poor countries in Africa and Southeast Asia are very confident that the government is very confident to apply the tariffs for creating revenues.
Lesotho, Madagascar and Laos, reducing each rate by reducing each rate, reducing each percentage, reducing the US exporters, and reducing the US exporters.
The tariffs are “harmful to the poor,” said Rebeca Grynspan, Secretary General of the UN Commerce and Development.
“Trade should not be another source of instability. The development and global growth should serve,” he said.
