Europe part dive into the depths and the warfare
European stocks have fallen sharply after China responded to the commercial escalation by US President Donald Trump by increasing customs duties on US goods to 84%, which set fire to a new round of the trade war. The European “Stoxx 600” index fell by 4.01% by 12:24 p.m., as all sectors recorded a collective decline, led by healthcare, energy and real estate sectors. Beijing said it would increase the Chinese fees on US goods from 34%to 84%, from April 10, following the new fees that Trump imposed and entered the implementation of Wednesday afternoon at the time of Beijing, which increased the rate of the accumulated fees announced during the year to 104%. Trade capital said: “It confirms that we are still in the escalation phase, and we will now wait for the concern of the European reaction.” A 20% fee will be focused on imports coming from the European Union under the new definition package, which caused a violent tremor of global markets and different assets, at a time when US bonds began to lose their attractiveness as a safe haven. The Trump Management Plan application is cruel and more mitigible than the expectations of the trading market Jerome Larra and in the pharmaceutical sector, the shares of the most important European companies have declined after Trump announced that “large customs duties on the pharmaceutical sector” will soon be imposed on industry, where the share of a percentage of a percentage of a percentage of a percentage of a a percentage of 7.2%was, while a Novartis percentage of a percentage of a percentage of a percentage of a percentage of a percentage of a percentage of a percentage of a percentage of a percentage of a percentage of 7.2%, while failing a percentage. “We do not see that the time is right to buy, we are awaiting a greater clarity on the future of customs duties, and the longer the crisis will increase, the greater the possibility of a significant defect in the financial markets,” said Frederick Carrier, head of the RBC wealth on the British islands and Asia. In the same context, Dominic Seddelin, head of the strategy and research department in the St. Galler Cantonal Bank, expected more fluctuations in the coming weeks, explaining that his organization is currently adopting a defense strategy with a slight reduction in its shares, due to the prevailing uncertainty. The markets clearly respond to the current Development Guiro Hernandez Samperi, Trump, shake the world that threatens the comprehensive customs duties that Trump has been destroyed by the global economic system and increases the recession. Bank, that “panic prevailing in the market, has a good justification. Hedging boxes have suffered heavy losses as part of their attempt to liquidate highly loan transactions. A sense of panic prevails in some market sectors of the possibility of a regular crisis in the event of a large tender box during the Likwidation. Hypotheses have appeared, such as selling foreign investors or filtering hedging boxes.