Trump recognizes the “transition price” of the tariff, as global markets sinks again – Live Business Tariffs star-news.press/wp
Nikkei Plummes over 5%
Japanese Nikkei has now collapsed more than 5%, while gold hit another record high as the continuation of the Tariff Jitters hit Asian shares in early Friday.
Nikkei 225 Benchmark Index was turned off by 5.4%, which jumped 9.1% on Thursday after the 90-day tariffs Donald Trump. Other markets also reversed many of the winnings in the previous days, with Kospa South Korea in Seoul 1.64% and, as is just published, Australia more than 2%.
The oil and dollar also slid into fears from global slowdown in economic activity, while gold hit a new record. Jen – Another property of a safe haven – also received 0.9% on Friday in relation to the US dollar.
Key events
Australian stock losses Top 2%
In Australia, today’s decline in the stock market continued, and the shares are currently being prepared more than 2% as investors who drove relief in the previous session concerned about US tariffs.
The S & P / ASX 200 index fell as much as 2.4% to 7.524.50 Points for 0016 GMT, after the reference reference reflection on Thursday after the return of Donald Trump.
Benchmark asked for a waste of almost 2% for the week, if the losses keep, Reuters reported.
Trump temporarily stopped many of his new tariffs, but further increased pressure on China, the main trading partner for Australia, with inspects for a total of 145%. Investors take care of China can reply to higher tariffs.
Any potential slowdown in the second largest economy in the world from the tariff would be harmful to local stock-focused stocks, which have great exposure to China, the main consumer of the goods.
Australian mining supplies decreased by 1.8%. Heavyweight BHP and Red River Withdrawn 2.8% and 2.3%. FortscueThe shares fell 2.7%. Energy supplies were withdrawn 3.5% after oil prices have reduced more than 3% overnight. Subindex was on the way to reduce more than 5% for a week.
Best Energy Companies Woodside Energy and Santos Palo 3.5% and 3.6%.
Gold supplies rose 2.2% to hit fresh all the time, mirroring record prices of gold.
Bank stock fell 2.9%. Finance were on their way to lose 2.7% for the week. Banks “Velikih” fell between 2.8% and 3.2%.
New Zealand’s Benchmark S & P / NZX 50 index fell 1.5% to 12,023.84 points. New Zealand stocks went by 1.6% drop in a week, in what could be their worst week since the beginning of March.
It belongs to the US Dollar
American dollar index fell under 100 for the first time since July 2023. YearsReuters reports.
And the currency is reduced by 0.8 against Swiss francs, striking for a 10-year low of 0,8142
Nikkei twisted as gold
The Japanese Benchmark Nikkei index has fallen 3.6% in the middle of a permanent carpentry.
The Gold spot, however, increased to a record larger than $ 3,205.21 унцу, Reuters reports, as investors are looking for a safe haven.
And the euro extended its gains, an increase of as much as 1.7% per 1,135855 dollars.
Donald Trump threatened Mexico with sanctions and tariffs in dispute due to the division of water between the two countries, accusing Mexico for breaking 81-year contracts and “Texas stealers”.
Under the contract from 1944. Mexico must send 1.75 million meters of water from Rio Grande through a network of interconnected dams and tanks every five years, Reuters reported. The flare foot water is enough to fill around half of the Olympic pool.
The current five-year cycle is in October, but Mexico sent less than 30% water required, according to the data of the international border and aquatic commission.
Trump posted on Thursday on his social platform for the truth:
Mexico owes Texas 1.3 million meters of water under a water contract from 1944. years, but Mexico Unfortunately violates their obligation in the contract.
My Secretary of Agriculture, Brooke Rollins, stands for farmers Texas, and we will continue escalating consequences, including tariffs, and may even sanctions, while Mexico treat the contract, and give Texas water!
Office of the Mexican President Claudia Sheinbaum did not immediately answer the comment request.
Phillip Inman
In the UK, in March remained from high streets, states of a little could be worsened if the economic ants causes the Tariff War of Donald Trump Hits of consumer trust.
Food has dropped 5% in March to extend the decline in February that traders said they were attended by inflation and pressure packages to payroll shortestration packages during the payment package.
The shopping malls outside the city were the worst hit, which fall by 5.8%, although traditional high streets and retail parks have also suffered sales loss in rates of 4% and 1.2%.
The British retail consortium said that, while the influence of the tariff importation inducting imports imports difficult to calculate, it could have a cold effect on the readiness of people who will spend, especially on expensive items.
Helen DickinsonThe Executive Director of the Organization said:
Global uncertainties resulting from tariffs and potential slowdown in economic economic could reduce your appetite for purchases in the coming months.
Look at the whole story here:
Australian S & P / ASX 200 fell on the opening of a wonderful timeAs expected, in early trade after the Wall Street sales overnight.
ASX will open sharply lower in the middle of the trade war
Jonathan Barrett
The Australian stocks are ready to open a sharply open this morning, because worried about the insecure policies of Donald Trump and worsening trade relations between the two largest economies in the world.
Futures prices indicate a 1.6% drop in the Reference scale S & P / ASX 200 to 7,590 points when it opens later this morning, after sales on Wall Street overnight.
Investors had to counteract wild swing this week to launch changes to the American tariff regime, and the stock prices pushed the extreme sides of relief and fear.
While some nations enjoyed the reprint from their super-sized tariffs, the position of Australia, together with those in the UK and New Zealand, are not impressed on the days to remain subject to American “basic collection” basic “.
The White House explained overnight that the total tariffs in China rose by 145% because Trump took over the function.
Spare Bank of the Governor of Australia, Michele BullockThey said last night that the insecure and rocky trail forward, saying “financial market and economic volatility can be expected to take place this process.”
The Australian Dollar recovered a significant basis of the last days, which grew up this morning for US62.2C, after the threatening would be lowered below the partition 59C earlier this week.
Opening summary
Hello and welcome to our live coverage such as the shock waves from the Tarif Donald Trump continues to Swedish-global markets.
The American president blame “transition costs, transition problems”, while American markets continued to sink in the judging of his strategic world tariffs and escalate the trade war with China.
“We think we’re in very good condition,” Trump said on Thursday. “We think I’m doing well. It will happen again to the transition cost, transitional problems, but in the end he will be a beautiful thing.”
His remarks came as the stocks reappeared after the historic conference after Trump surprise, withdrew on Wednesday on the Supervisors on the Southeast Tariffs that had just imposed tens of countries. He focused instead, where the goods are now attracted by tariffs in the amount of 145% in force – 125% in “reciprocal” tariffs plus 20% but allegedly for a cerebral role in the Chinese crisis in the crisis of Fentanil.
The former U.S. Secretary for Janet Yellen said that the Trump Tariffs were “the worst self-designed wound I have ever seen administration imposed into a well-functional economy.” She accused the American president that he “took the ball” into the American economy.
China said Trump’s trading war with Beijing “will finish failure” for Washington. Beijing Retalijana 84% tariffs on American imports came into force on Thursday. His foreign ministry said he was not interested in fighting “, but they will not be afraid if the United States continues his heading.”
In other development:
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Dow was reduced by 2.5% by the end of Thursday After descending on Wednesday afternoon. Nasdaq composite was more than 4%, after publishing the largest win on Wednesday, and the S & P 500 down 3.4%.
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Stocks seemed to be inappropriate news on Thursday morning that the European Union announced that there would be suspended by 25% of retalia tariffs An inflation in March Cooled to 2.4% – and usually cause optimism on Wall Street, and usually cause the view of the market.
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U.S. president said he would “love” to arrange with ChinaAnd that he believed that he and Chinese President Xi Jinping “end up doing something that is very good for both countries.”
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China said she would immediately restrict the import of Hollywood movies In retaliations for the Escalation of American US President of Chinese imports, targeting one of the highest US exports. Beijing National Film Directorate said that Trump tariffs would further home demand for American cinematography in China and “moderately reduce the number of American films”. This move comes after three decades during which China imported 10 Hollywood movies a year. Industry analysts said that financial influence would probably be minimal, because the return of the Hollywood box in China has declined significantly in recent years, reuters reported.
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Trump faces charges for market manipulation During the social post of the truth on the Wednesday he said it was a “great time to buy” just a few hours before he made a dramatic U-involve his trade war that led to large sacrifices around the world.
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The European Union and the United Arab Emirates agreed to initiate free trade talks. The EU is the second largest trading partner of the UAE, which accounts for 8.3% of emirates completely non-oil trade.
2025-04-11 01:34:00
