As Trump said that the world should take the ‘medicine’ and that the Asian markets were shot by financial chaos around the world
This morning, England was the last nation to take the dose of Donald Trump’s economic ‘medicine’.
In the middle of the big hits to the Asian markets, one night, London’s US President watched the case this morning after the US President’s decision to receive import taxes on friends and enemies.
FTSE 100 fell more than 6 percent after it was opened at 8 in the morning and has seen its worst day since my Pandemi on Friday.
Despite increasingly worrying warnings, including allies in the United States, Trump likened to move to an unpleasant treatment for the disease.
“Sometimes you should take medication to fix something,” he said last night market pain.
He deliberately designed a market sale and insisted that he would not foresee market reactions, saying that he would not make an agreement with other countries unless the trade deficits were solved.
Meanwhile, in the United Kingdom, Transportation Secretary Heidi Alexander said that the global tariffs were ‘bad news’ when the world was not directed to a global recession.
Gazli super cars will be exempted from the ban of 2030 against new gasoline vehicles and the ministers are fighting to help the companies hit by the tariff war.
Despite increasingly worrying warnings, including allies in the United States, Trump likened to move to an unpleasant treatment for the disease.
In the middle of the big hits to the Asian markets, he followed Suite after the US President’s decision to receive import taxes for both friends and enemies last week in London.
Meanwhile, in the United Kingdom, Transportation Secretary Heidi Alexander said that the global tariffs were ‘bad news’ when the world was not directed to a global recession.
Alexander said to Sky News: ‘We have to do everything we can to protect the interests of the British people and British businesses, so bad for global demand, bad for prices and for consumers.
‘And therefore, today we are creating a support package to ensure that the automobile industry provides certainty to British manufacturers and to remain at the end of the transition to electric vehicles and to enable consumers to benefit from cheaper working costs of electric vehicles.
“ Therefore, the Prime Minister, British businesses to protect these global economic winds as a government was clear that we had to do everything we could. ‘
S&P 500, NASDAQ and DOW – Three US main stock market indices – will open up to 6 percent on Monday morning. Analysts are afraid of last week’s $ 6.6 trillion wipeout.
Monday morning Trade in Asia – Sunday night in the US Time – Nikkei from Japan to 8 percent crater threw. Australia 6 percent, South Korea 5 percent, Taiwan almost 10 percent, Singapore 8.5 percent, Hong Kong 10 percent and China fell almost 5 percent.
CNBC host and market analyst Jim Cramer warned that the United States might be barrel to another black on Monday.
The 1987 accident – a drop of 22.6 percent in a single day – continues to be the worst of the modern market history, taking the chaos of 2008 and even the Covid accident.
During the show on Saturday, Cramer said, “If the president does not reach and reward countries and companies that do not comply with the rules, the 1987 scenario… We fell for three days and then fell 22 percent on Monday.” He said.
