Wall Street falls strongly after new threats of US tariffs to Europe

Wall Street falls strongly after new threats of US tariffs to Europe

The Nasdaq leads the falls with a setback of 1.6% and stands at 17,374.83 points, affected by the strong losses in Tesla and Meta, whose decreases exceed 4% and Alphabet and Amazon, with casualties of more than 2%.

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The Actions in Wall Street They sink this Thursday, March 13 due to growing commercial tensions between the United States and the European Union.

The Nasdaq Lead the falls with a 1.6% setback And it is located in 17,374.83 points, affected by the strong losses in Tesla and Meta, whose descents exceed the 4% and of Alphabet and Amazon, with casualties of more than 2%. Tesla, in particular, accumulates an annual drop of more than 40%.

He S&P 500 yields a 1.2% And it is located in 5,533,34 pointsaccumulating a decline close to 4% in the week. For its part, the Dow Jones BACK A 1.1%, to the 40,899.04 points.

Market pessimism intensifies after Donald Trump’s threat to apply 200% tariffs to European alcoholic beverageswhich revives concern for an escalation in the commercial war.

Trump Markets 01

Donald Trump again sow uncertainty in markets

Donald Trump again sow uncertainty in markets

Trump’s announcement sow uncertainty

He President of the United States, Donald Trumpthreatened Thursday with Impose “shortly” a 200% tariff on all wines and alcoholic products from the countries represented by the European Union (EU) If Brussels do not immediately “withdraw” the 50% announced tax on the American wiski.

In a publication in the Social Truth Network, the White House tenant accused the EU of being one of the most hostile and abusive tax and tariff authorities in the world, “created with the sole purpose of taking advantage of the United States. “

In this sense, he warned that, if the EU does not immediately “immediately” the 50% tariff to the Wiski from the US, will soon impose a 200% tariff “to all wines, champanes and alcoholic products from France and other countries represented by the EU.”

“This will greatly benefit the wine and champagne sector in the United States,” Trump has assured. From Brussels, the European Commission declined to comment on Trump’s new announcement, following its strategy of acting only when the new North American administration makes firm decisions.

The European Union announced yesterday that It will impose from the next month of April tariffs worth up to 26,000 million euros to a wide range of products from the United States In response to “unjustified” tariffs of 25% that the new administration of Donald Trump applies to imports of European steel and aluminum.

Source: Ambito

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