European Canada, Mexico and China, Mexico and China After Hit Tariffs for Trump Tariffs
Closed for European leaders US Tariffs From the President of the United States on Monday Donald Trump Mexico, Canada and China apply a sweep on Canada and China, which will affect the global market and currencies worth $ 1 dollars in China.
Trump can cause some short-term pain of tariffs and Americans against the three largest trading partners of the United States, but “Long-term, the United States was spread by every country in the world.”
Global stock markets and currencies have fallen on concerns that tariffs will cause an economically harm to the economically harm. The Pan-European StoXX 600 index fell 1.3 percent in morning trade, this year was set for the biggest day sliding and Wall Street S & P fell by 500 percent 1.4 percent.
Speaking at the Mar-A-Lago property in Florida, 27 nations will be with the European Union’s fire line, but did not say when.
“They do not take our cars, they do not accept our farm products. They almost do not take anything and take everything from them.”
EU leaders, who met at an informal summit in Brussels on Monday, said that if the United States has applied the tariffs, and the mind and negotiations are called to the call.
Talk to the talks, French President Emmanuel Macmanon will have to react to the EU’s trade and react to the United States, the latest statements have been pushed to be stronger and more than Europe.
Germany’s Chancellor Olaf Scholz said the largest economy dependent on the EU can respond to the United States, but it was better to find a trade agreement for two.
The Prime Minister Luxembourg said: “I think the tariffs are always bad. Tariffs are bad for trading. Tariffs are bad for the United States.”
Trump said that Britain, who left the EU in 2020, said: “I think it can be processed.”
The United States is the largest trade and investor partner of the EU and imported goods more than it seems to be consistently exported to the bloc. According to US goods deficit Eurostat, 155.8 billion euros ($ 161.6 billion) in 2023.
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However, the services had the excess of imports with USA and 104 billion euros.
EU Foreign Minister Kaja Kallas said there were no winners in a trade war, because it was “laughing on the side between Europe and the United States.”
Tariffs in Canada, Mexico and China specified in the three execution disposal are due to the effective on Tuesday 12:01.
Trump said that they will talk to Canada and Mexico leaders on Monday, and the expectations that they expect to change their minds, but they will change their mind.
“They owe us a lot of money and I am sure they will pay,” Trump told journalists.
Economists plan to apply a 25 percent tariff to the Republican President Canada and Mexico and ten percent of ten percent tariffs will increase the prices of drivers for global growth and Americans.
Trump says that immigration and drug trafficking and spur need to curb local industry.
The reaction of the financial market on Monday reflects the concerns about the fall of the trade war. Shares in Tokyo is about three percent a day, Australia criteria – a proxy trade for Chinese markets – 1.8 percent decreased. Mainland has been closed for the Chinese market Lunar New Year holiday.
Chinese Yuan, Canadian Dollars and Mexican Peson, all collapsed against flying dollars. Canada and Mexico is the best sources of US crude oil imports, US oil prices increased by more than 1% CLC1, gasoline futures RBC1 increased by about three percent.
Trump tariffs will cover almost half of all US imports and require that the United States will double the gap – nearby analysts wrote.
Other analysts canada and Mexican recess and trigger “Stagflation” – high inflation, stagnant growth and high unemployment – a trigger.
In Europe, Deutsche Bank’s economists, currently hitting the 0.5 percent GDP (GDP) must apply ten percent of tariffs in the block.
The White House file gave no information about what she should do to pronounce what is Canada, Mexico and China.
Trump, Fentanyl, a deadly opioid and the United States promised to keep them in place unless the national emergency in connection with illegal immigration.
Chinese Fentanyl called the American problem and challenged the tariffs in the world trade organization and said other opposite measures and left the door open for negotiations.
Mexican President Claudia Sheenbaum said that the continuity will give more information about Monday’s tariffs ordered by the weekend. Canada said this would take legal measures within the framework of relevant international organizations to protest the tariffs.
New tariffs in vehicles, especially in a strict stroke, Canada and Mexico, have downloaded a large regional supply chain that parts can cross the borders several times from the final installation.
Volkswagen vowg_p.de, Porsche P911_P.de, Stellantis Stlam.MI and truck manufacturer Daimler Dtgge.de, fell about five to six in European trade on Monday.
Analysts at the investment bank, the revenues of the VW from eight billion euros, estimated that there will be tariffs and 16 billion euros stellantis.
Before the opening of the United States in major technological shares, Microsoft, Alphabet, Amazon and Apple reduced 1.5 percent to a hundred percent.
Trump applied only ten percent of energy products.
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