Asian shares, US President Donald Trump’s tariffs in 2020 shocking levels of shock levels at the shock level in the world markets in 2020.
Everything from crude oil to major technological resources fell to the US dollar against other currencies. Even gold, a traditional safe shelter that has recently hit recordPulled down after Trump declared the “Day of Liberty” Tariffs set, ‘ Which economists, economic growth and higher inflation have a risk of venomous confusion.
Shanghai, Taiwan, Hong Kong and Indonesian markets were closed for holidays, restricted the field of sales in Asia on Friday.
Tokyo’s Nikkei 225 from 4.3% to 33,263.58, and South Korean Kosdi reduced 1.8% to 2441.86.
Two US allies, Trump leadership, said they discussed the talks of low tariffs.
Australia’s S & P / ASX fell from 200 to 2.2% to 7,684.30.
Friday early Friday, USD in other trade from 146.06 USD 145.39. Yen is often used as a shelter in uncertain times, while Trump’s policy is a partial weakness to weaken the dollar to earn more price competitive goods in the United States. EURO won up to $ 1,1055 to $ 1,1095.
Trump announced a 10% tariff in global imports, announced a 10% tariff with a higher tax rate in the products of some countries from China and the European Union. Small smaller in Asia, poor countries were hit with tariffs until 49%.
This can increase the economic growth of US economic growth in the unseen level in more than one century period of 2 percent this year and approach the inflation in terms of UBS.
According to Bhanu Baweja and other strategists in Baweja and UBS, “he persuades the probability of rational minds to retain the probability of lowering.”
Trump said that the tariffs could cause “a little concern” in economics and markets. Lowed his effect on Thursday.
“What is the markets boom, the buu and the boom of the country,” Trump said when the White House left the White House to fly to Florida.
S & P 500, 4.8% – 5,396.52 and Dow Jones Industrial Average 4% to 40,545.93. The Nasdaq composition has dropped from 6% to 16,550.61.
Some of the worst hits decreased by Walloped, smaller US companies and Russell 2000 Small Shares 2000 index, 6.6% decreased to take more than 20% under the record.
Four from each of the five, which make up S & P 500, decreased.
The electronics he sells is made all over the world because the best purchase fell 17.8%. United Airling Airlines lost 15.6% because customers can’t fly much for businesses, which are worried about the global economy, or you can’t feel comfortable enough to make a holiday. Target It was more than 10.9% as a result of more growing customers with high inflation, which can be further stressed.
Investors have swept Trump’s new tariffs and the fears around, Wall Street, the health measure, S & P 500 indexed and 10% is always high.
Some analysts and investors will be able to use tariffs for negotiations, not a long-term policy of Trump. However, the factory returned to the United States, which can take them a year on Wednesday, saw a way back.
Federal Reserve may reduce interest rates to support the economy, but low prices can push inflation, a concern given to us Households are sewing Due to tariffs, to increase their bills sharply.
Along with general fear of the US economy health, products resulting in increasing expectations of increased expectations of treasures. Productivity in the 10-year treasury is 4.04% to 4.04%, in Today and in January and about 4.80% in January.
A report said on Thursday US workers have applied for the benefits of unemployment last weekwaited better than economists. A separate report, in the service industry operating in the US transport, finance and other enterprises, but increased less than the forecast.
In addition, Friday, US Benchmark oil reduced 70 cents for 70 cents per barrel for $ 66.25. The International Standard, International Standard Brent, was $ 69.50 barrels of $ 69.50.
This story was first displayed on Fortune.com
