Trump's statements are on the Wall Street indicators, despite the Chinese European reactions to the fees

Wall Street shares declared to rise at the beginning of Wednesday’s trade on Trump’s remarks that encouraged the Americans to buy, despite the increase in trade war tensions after China and the European Union imposed fees on the United States imports. The S&P 500 (S&P 500) index rose 0.8%, and the Nasdaq 100 index, known for technology stocks, rose 1.8%, and the Dow Jones Industrial Index added 0.4%to its balance. US technology stocks were a recovery during the Wednesday trading led by ‘Tesla’, which increased the price of 5.4%, and the price of “Invidia” increased by 4.7%, “Apple” by 3.9%, “Amazon” by 2.6%and “Microsoft” by 2.3%. This came after President Donald Trump requested the Americans on Wednesday to be calm and keep investing and not panic while imposing wide mutual customs, indicating that the White House was watching the market’s response to the fees closely. Trump said in a post on his account on the social networking website: “It’s an ideal time to buy.” He also encouraged his followers to “calm down” and expect “everything to go well”. Trump also sheds light on the appearance of Jimmy Damon, president of “JP Morgan”, on the “Fox Business” channel Wednesday morning, and notes that the bank president praised the idea of ​​recovering customs and trade. Treasury Secretary Scott Besent has reduced US treasury bonds and said there is nothing systematic in this case. He explained in statements about the “Fox Business” channel: “There is a state of fluctuations arising from the accumulation of debt in the markets currently,” and adds that “the fixed income market saw that some major investors suffered losses due to high debt, so they had to reduce this debt.” “I think there’s nothing systematically in this matter,” said Besent, noting that the markets are uncomfortable, but of course, but of course in the bond market. This came after China increased customs duties on the goods imported from the United States to 84%, with these anti -procedures to come into effect on April 10, and came after the White House imposed a 104% tax on many Chinese imports. On the other hand, the European Union has agreed to impose customs duties on US goods worth approximately $ 21 billion ($ 23.2 billion), following the 25% customs duties imposed by President Donald Trump last month on steel and aluminum exports. However, the S&B 500 index is still more than 14% low, and the Nasdac 100 has withdrawn by more than 19% since the beginning of the year, which highlights the challenge facing the Trump administration in its quest to reform the international trading system.