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Asian shareholders, US President Donald Trump’s shocking waves are reduced to reverberate the world.
Great indices from Shanghai to Hong Kong to Hong Kong Shanghai are punged when they opened on Monday. “This is a blood roof,” he said to an analyst BBC.
In a global scale, as a region, which produces a large number of products of Asian countries and territories, is struck by direct tariffs.
The global trade war can trigger slow or even a decline in the world’s largest economy so that they are sensitive to the effects of fear.
In the day, Japan’s Nikkei 225 assessment index decreased by 6%, Asx 200 was 4% lower, and the Cosdi in South Korea was 4.7% lower.
In China, Hong Kong and Taiwan, in Hong Kong and Taiwan, the investors were worse on Friday, as they were closed on Friday.
Shanghai composite was more than 6%, hanging Seng and the Taiwanese weight index was about 10%.
“Tariffs are fed on inflation and expectations around the recession,” he said.
Goldman Sachs increased the calculation of the US decline from 35% to 45% in the next 12 months – because investment banking has reduced an economic growth for the country.
Other Wall Street firms, Trump’ın tariff announcement also reconsidered. JPMorgan now sees 60% chance of the US and global recession.
An important slowdown in the US economy would have a great conclusion for Asia, as the United States has such an important market for goods from the region.
“Asia is in front of the US Tariff. There may be a room for negotiations, a new regime of higher fares,” Qian Wang, Asia Pacific economist, investment firm.
“This is negative to the global and Asian economy, especially in a short period of time and in small open economies.”
Countries in Bangladesh, Vietnam, rely on the United States as an export market.
Last week, Trump’s announcement included 46% tariff in Vietnam and 37% in Bangladesh.
Several US major brands produce products in Vietnam, including nike and lululemon.
Bangladesh exports $ 8.4 billion to $ 8.4 billion (£ 6.5 billion) to the United States for a year with the Union of Clothes Manufacturers and Exporters of Commerce.
“Asia is likely to feel disproportionately for this confusion, because Asia sends more exports to the United States than other markets,” he said.
Friday, Global stock exchanges deepenedThe Chinese Tariffs withdrawn by TRUMP.
All three major US fund indices with more than 500 S & P have dropped the worst week for the US exchange for the US exchange since 2020, almost 6% decreased.
In the UK, FTSE had almost 5% – this, in five years, in Germany and France, the stock exchanges faced similar ups.
MS Lee also stressed that the global stock exchange route continues: “US futures are trading on another hard session tonight in Wall Street.”
Global stock markets, including Trump’s goods from each country, including the European Union and Vietnam, including the European Union and Vietnam, including the highest ratio trade partners, including the trillions of trillions of trillions.