After the imposition of import tariffs the markets of Australia and Asia opened on Monday with strong falls and there is concern for a “black Monday” on Wall Street.
The president of the United States, Donald Trumphe spoke this Sunday to the strong falls of the markets worldwide and assured that this reflects that the measure of imposing tariffs on imports is working.
“Sometimes You have to take medications to solve something”He told journalists aboard Air Force One Returning to Washington after spending the weekend playing golf in Florida. In addition, he clarified that they are “sitting at the table” with the commercial partners and said that “they want to dialogue.”
The word of the Republican president arrived in a context of falls in international markets and in the face of a growing concern for a “black Monday” on Wall Street.
Asia and Australia’s bags collapse through Donald Trump’s tariffs
He Nikkei 225 The stock market began in Japan With a 9% collapse compared to the closure of Friday, with the index collapsing up to 30,831.50, and then rise slightly to 31,388.00. For its part, in Australia, he S&P/ASX 200 sinks 6.11% to 7,201.00, while the Kospi of South Korea 5.15% collapses in its first operatives of the day.
Despite this context, Trump said he is not planning an intentional liquidation of the market and remarked that he could not foresee the reactions of the same, ensuring that he would not reach an agreement with other countries before they resolved commercial deficits.
The president also declared that he met with world leaders throughout the weekend to discuss tariffs and said that “they die for reaching an agreement.”
The opening of futures markets also strengthened the impression of a Possible “Black Monday” on Wall Street And the main world bags, fear that they had already prefigured the sharp fall in the price of Bitcoin and the main cryptocurrencies, which also fell strongly this weekend. American oil It fell below $ 60 per barrel for the first time since April 2021.
Source: Ambito
