Grand Blanc, attacker neutralized. Church on fire, worshippers evacuated Shooting Mormon church Michigan - Today, Sunday, September 28, a shooting at...
Read More
Trump and the battle of tariffs: global impacts on financial markets
-
Meloni-Onu: “Russia e Israele oltre il limite, servono regole nuove”
-
Roma, arrestato trentenne: 70 kg di droga nascosti in auto “caveau” VIDEO
-
Tromba d’aria spiaggia di Maccarese: ombrelloni in volo, panico tra i bagnanti VIDEO
-
Cima Falkner si sgretola, vietati sentieri e vie alpinistiche nel Brenta VIDEO
The US president’s announcement of new tariffs on Canada and European cars sank stock markets around the world. Billion-dollar losses and instability in the markets create growing concern for the global economy
While Monday may be remembered as Donald Trump’s ‘blue Monday’ due to heavy losses on Wall Street and in Europe, Tuesday confirmed a worrying trend for the global economy. The US president’s statements, which mix economic threats and confrontation scenarios, are sinking financial markets, with particular impact on stocks most vulnerable to his protectionist policies.
Yesterday, Trump relaunched with new tariffs on Canada: a 50% increase on steel and aluminium as of 12 March. In addition, he announced further retaliation with duties on cars coming to the US from 2 April. The aggressive rhetoric towards Canada culminates with a surprising proposal: ‘The only thing that makes sense is for them to become our dear 51st state, thus eliminating tariffs and everything else’. These words, along with the executive orders Trump is preparing, are having immediate repercussions on the markets.
European stock exchanges, already in crisis after Monday’s slump, reacted negatively to the announcement. Milan closed sharply lower, with the Ftse Mib down 1.38%, followed by Frankfurt (-1.32%), Paris (-1.31%), Amsterdam (-1.42%), London (-1.23%) and Madrid (-1.51%). The reaction of the American markets was no less, with Wall Street suffering heavy losses: the Dow Jones fell 1.25%, the Nasdaq gave up 0.83%, while the S&P 500 lost 1.02%.
Trump’s statements, followed by executive orders, have a direct impact on investments, generating rapid disinvestments and causing shocks on the stock markets. The result is clear: billions of dollars and euros have been ‘burned’ in a matter of hours. Uncertainty is growing: how long can these losses last before they become irreversible damage to the global economy?
THE LATEST NEWS
Musk Prince Andrea files Epstein: new documents reveal connections
27 Settembre 2025
US Congressional documents reveal possible links between the pedophile financier and international figures. Musk Prince Andrea files Epstein, September 27,...
Read More
North Korea’s nuclear program: Kim Jong Un confirms defense as a priority
27 Settembre 2025
The North Korean leader reiterates the importance of nuclear weapons as a deterrent, while Seoul warns of Pyongyang's growing potential...
Read More
Drones fly over military base in Denmark, Karup; investigation underway
27 Settembre 2025
Police confirm drone incursions on several military sites in Denmark Drones fly over military base in Denmark, September 27, 2025...
Read More
Congress deadlocked, US government shutdown looms next Wednesday
26 Settembre 2025
Without an agreement on the spending bill, non-essential federal activities would be shut down: hundreds of thousands of workers suspended...
Read More
James Comey indicted for obstruction of justice and making false statements
26 Settembre 2025
Former FBI Director James Comey, who led the investigation into Russian interference in the 2016 election, faces up to five...
Read More
(Source and photo: © AndKronos)
