Trump Live: Stock markets decrease after the United States announces new rates on 92 countries | Trump’s tariff star-news.press/wp
Summary of the opening
Welcome to our live coverage of Donald Trump’s sweeping tariff system.
The US President signed an executive order on Thursday imposing a mutual tariff from 10 % to 41 % on American imports from dozens of foreign countries and sites. 25 % of India, 20 % for Taiwan and 30 % for South Africa were set before Trump’s deadline, which it imposed on August 1 due to amazing trade deals with countries around the world.
The date for the tariff agreement with Mexico for another 90 days.
Brazil’s tariff rate was 10 %, but the previous thing that Trump signed a 40 % tariff on some Brazilian goods, to punish the country for the trial of its former president, Geor Bolsonaro, for an alleged coup attempt after the 2022 elections.
In other major news:
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Canadian imports will face a 35 % tariff tariffThe White House was announced. Trump threatened on Wednesday that Ottawa’s move to recognize a Palestinian state will make the agreement on a “very difficult” trade agreement.
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Some of the poorest and most torn countries in the world have been subjected to punitive pricesIncluding Syria, which faces 41 % tax; Los and Myanmar at 40 %; Libya at a rate of 30 %; Iraq with 35 % and Sri Lanka with 20 %. Switzerland faces a rate of 39 %. The rates are scheduled to come into effect in seven days, according to the arrangement.
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Thailand’s Finance Minister said on Friday that a 19 % tariff rate was agreed upon – much less than the 36 % level announced in April and the best alignment with other countries in the region. According to Vietnam and Indonesia, a 20 % and 19 % tariff, respectively.
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China is facing a separate final date for its higher definitions on August 12With the extension of the agreed truce in principle, but it was not approved by the White House.
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By July 31, eight countries or economic blocs reached official agreements with the White House: The United Kingdom, Vietnam, Indonesia, the Philippines, South Korea, Japan, Pakistan and the European Union.
With Helen Levinsstone, Lisa Okarol and agencies
Main events
The American trade war hinders UK manufacturers and the eurozone, as new data appears.
The latest survey of the directors of the purchasing managers in British factoriesIt was just released, highlighting that new requests in the UK manufacturers fell in July.
Data provider S & P Global He says:
The new export orders have now decreased over the three and a half years of the past year, with a decrease in a decrease that reflects the uncertainty in the global tariff, and continuous administrative issues after the ruling and the increasing competition.
There were reports of the decrease in demand from North America, continental Europe, the Middle East, India and the main righteousness of China.
Wiping for euro factoriesAs it was released this morning, I found that their supply chains remained tense in July, with delivery times prolonged.
Dr. Cyrus de La BlondeSenior economists in Hamburg commercial Bank, Explain:
“Given the fragility of recovery, customers are not required to wait longer for their goods. The volatile American tariff policies and the uncertainty caused by geopolitical tensions may play a major role here. We expect companies to continue facing the sudden supply chain breakdowns in the distinguished future.”
Capital economics: The new US tariff system is still not the end of the story
President Trump’s latest waves indicate that the effective tariff for the United States will rise to about 18 %, from 2.3 % last year, reports Stephen brownVice President of Economists in North America in the Consulting City Capital economics.
brown Tell customers this morning:
This is a little higher than we assumed, and thus represents multiple risks on the downside of our expectations for global gross domestic product growth and small rise risk of inflation expectations in the United States.
However, this is unlikely to be the last word, as it still seems likely that some other countries will reach their own deals with the United States, while there is an opportunity to eliminate US courts in the end these definitions.
Lisa Aquol
Experts say the 15 % customs tariffs applied to most of the commodities in the European Union are better than most countries because not in addition to that, or stipulating above a tariff in advance, the experts say.
This was the sudden analysis of the Donald Trump tariff list by David HenigDirector of the European Center for International Political Economy.
Posted on social media:
“The new American definitions decreased. Don’t be Switzerland. Was it the European Union, which has uniquely obtained a privilege on the accumulation of customs tariffs, which must control the payments without any actual trade policy or geopolitical knowledge.”
Basically, the UK and the European Union got the best deals from Trump. Now who expected that? But I wonder if this appears even for this administration, the experience of dealing with the United States is something.
Davidheniguk (Davidheniguk) August 1, 2025
The European Union says the average pre -Trump tariff was 4.8 %, under the pretext that 15 %, closer to others who got a 10 % basic tariff.
10 % tariffs in the UK stacked above The most preferred average tariff rate of the country is 3.8 % This was applied before Trump was elected, raising the average post -Trump to 13.8 % tariffs.
On the contrary, 15 % of the European Union includes MFN before Trump by 4.8 %.
The US stock market is scheduled to decrease when New York trading in five and a half hours.
The futures market asks that S & P 500 – The wide indicator of US shares – walking on the right path to reduce about 0.85 %.
Technology -focused technology futures contract Nasdak The index decreased by 0.87 %, while Dao Jones industrial middle (Which tracks 30 large American companies) Futures decreased by 0.9 %.
Arrows in Switzerland watchesRetail dealers fell in an hour in London, by more than 5 % after Donald Trump achieved Swiss imports of the United States with a 39 % tariff.
Traders will calculate that Switzerland watches It will suffer either weaker American sales (American customers will pay a tariff, and therefore their prices will be less competitive), or have to reduce their prices in response (reaching their profits).
Lisa Aquol
The Falkland Islands is the only commercial partner regardless of the UK specified in the White House list as a 10 % tariff rate on its exports to the United States.
It is one of 14 British regions abroad and exported to the United States is the frozen fish that is not full.
According to the Economic Summary Observatory, he sold just less than 26 million dollars (19.6 million pounds) from fish to the United States in 202396 % of its sales of $ 27.4 million to the United States in 2023.
It states that the goods imported from each nation on the ground are subject to a 10 % tariff except for the goods of 92 countries listed in an attachment subject to high tariff rates.
Australia, which was not listed in the supplement, said it assumed that its tariff was 10 %.
South Africa reaches its lowest level in two months after the United States determines a 30 % tariff
South Africa’s financial markets were shaken by Trump’s decision to impose a 30 % tariff on its exports to the United States.
South Africa JSE foot All stock index decreased by 1.2 % in morning trading, with “Consumer Circles” the worst performance sector.
South Africa on the feet this morning as well. He decreased to his lowest level for two months at 18.24 against the US dollar, its lowest level since mid -May.
European stock markets fall
Stock markets fell throughout Europe, after Donald Trump intensified his trade war last night.
Germany Laxative The index decreased by 1.1 % at the beginning of trading in Frankfurt, while France Cac It decreased by about 1 % and Spain Perhaps It lost 0.6 % – although Europe reached a trade deal with the United States at the beginning of this week.
This, and 0.5 % decrease in the stock market in London (see here), indicates fears that Trump’s tariff will affect the global economy, which weakens trade growth.
FTSE 100 opens less
The stock market in London was opened in red, as Denald Trump has disturbed the definitions on commercial partners.
the foot 100 The blue stock index decreased by more than 0.5 %, decreasing 50 points to 9082 points.
This is a fairly moderate decrease, taking “Footsie” away from the high group yesterday, after the modest losses in the Asia and Pacific markets earlier.
Tony sycamoreMarket analyst in IgExplain:
Market reactions to the newly announced definitions were relatively defeated, due to the recent trade agreements with the European Union, Japan, and the other South Korea + that relieved their impact.
The 90 -day tariff for Mexico and positive progress in commercial talks between the United States of China, and President Trump pointed out this strike.
In the currency markets, the Swiss franc against the US dollar fell after Donald Trump imposed a 39 % tariff on imports from Switzerland.
The Swiss franc decreased by 0.15 % to 0.813 per dollar.
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2025-08-01 08:40:00
