Trump -doean duties on Europe and Mexico put these shares in the circle of danger
US President Donald Trump announced the imposition of 30% of customs on imports from Mexico and the European Union, in a sudden move announced on social media on Saturday, and sent a new spate of global markets, especially sectors related to border supply chains. A direct threat to the car industry is expected to see the shares of European car businesses; Sharp Moves Today, Monday, in light of the threat affecting companies such as “Stelncis”, “Volkswagen”, “BMW”, “Mercedes-Benz”, “Renault” and “Volvo Cars”. Some of these businesses have factories in Mexico that export their production to the US market, making them a direct target for new fees. Traffic traders said the Trump statement “reaffirmed the fragility of supply chains between Mexico and the United States, especially in the vehicle sector, which could lead to a temporary decline in investor confidence.” Shipment and logistical enterprises in the Circle of Danger expand the influence to marine shipping companies such as “Merck” and “Habag”, which is sensitive to any change in the global trade movement. Early movements indicate that the shares of these businesses will fall as the uncertainty continues on the future of trade agreements. The effects on the consumer -related sectors also threaten to perform alcoholic beverage companies, such as “Diagio”, “Remy Quantro” and “Bernod Ricar”, where profit margins can fall as the countercalcation is imposed. The “AB InBev”, the owner of the trademark “modelo”, and “Heinkin”, who runs Mexican brands, as possible goals for market fluctuations due to commercial militantity. Banks and facilities: High exposure to Mexico represents the Spanish BBA Bank (BBVA), a special case; Mexico is a source of about 40% of its net income, according to Bloomberg data. Any Mexican reaction or economic slowdown There will be negative about the performance of the bank. The Spanish company “Iberdrola” joins the list of influencers, as 6% of its revenue from the Mexican market, making it vulnerable to any possible disorders in economic policy or energy organizations. When did the fees come into effect? Trump explained that these identifiers will begin on the first August, if the two parties do not reach “better conditions by negotiating”, according to its publications.