The global economic scenario is reconfigured with the commercial war unleashed by Trump. The markets anticipate what is expected is a bad day.
The global markets They reacted negatively to the confirmation of the entry into force of tariffs that Donald Trump’s government imposed, at different levels, to products that are imported in the United States. The bags fall into the first operations and futures, as well as the dollar and the cryptocurrencies.
The first indicator in operation that marked the trend was the Nikkei of Japan that opened with a decline greater than 1%. While the indices in Europe and Wall Street already show that this Friday, August 1, when Trump’s announcement is completed, it will be a bad day for markets.
For its part, the dollar globally showed signs of going down, although not abruptly, at least at the beginning of operations. The cryptocurrency, which you never sleep, also went down, and the Bitcoin It rushed to US $ 115,000. Ethereum, that had a strong escalation in July, retreats below US $ 3,700.
Trump announced tariffs up to 41%
The president of the United States, Donald Trump, signed on Thursday a decree that imposes reciprocal tariffs between 10% and 41% to tens of countries.
Meanwhile Trump modified reciprocal tariffs for some countries, the White House reported.
The United States will implement new rules of origin to determine tariffs on transforded products in the coming weeks, said a high -ranking official of the Trump government, who stressed that the details are being finalized.
The official added that if the United States has a commercial surplus with a given country, tariffs for that country will be 10%.
He explained that if the United States has a small commercial deficit with a given country, tariffs for that country will be 15%.
The official held while in the case of India, the challenges include geopolitical differences over the BRICS and Russia group, and that these differences cannot be resolved overnight.
He stressed for his part that a final decision has not been made regarding China.
Source: Ambito
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