Open bag in Asia with identification relief. Japan jumps 10 %

like Bags in Asia It works in the rise of the first negotiations on Thursday (10), which is frequent in alleviating global tensions after the President of the United States, Donald TrumpHe announced that the customs tariff from all countries except China will be preserved by 90 % for 90 days.

At approximately 9:30 am, the Japanese Nikkei 225 index increased by 8 %. Earlier, the discharge reached 10 %.

Capture, signal in the South Korea market, earning 4.4 %.

The opening of the markets in Asia extends Optimism seen in New York after the Republican Declaration.

In Wall Street, Dow Jones closed by 7.87 %, while S&P gained 9.52 % and NASDAQ increased by 12.16 %.

European markets closed the trading session before the Republican Declaration, and still reflect the tension climate with the escalation of the American trade war and China..

EURO Stoxx 600, which focuses the main companies on the continent, decreased by 3.5 %.

In London, FTSE 100 decreased by 2.92 % to 7,679.48 points. CAC 40 Paris decreased by 3.34 % to 6,863.02 points, while Ibex 35 from Madrid fell 2.43 % to 11,773.55 points.

US President Donald Trump said on Wednesday that it will be limited to the two mutual definitions of 10 % for 90 days..

At the same time, he announced that it would increase import rates in China to 125 %, which increased his revenge with Beijing.

Publishing on its social network, social truth, the Republican stated that the measures enter into force immediately.

The expert explains how Trump’s comments affect the markets Money News

In the same message, Trump said it increases the US tariff for China while working to bring Beijing to the negotiating table.

“Based on the lack of respect that China has shown in global markets, I increase China’s tariff by the United States to 125 %, with an immediate effect. At some point, I hope China will realize in the near future that the days of exploration of the United States and other countries are no longer sustainable or acceptable.”

The increase in prices against China is the American response after the Asian giant stipulates that it will raise a tariff against Americans by 84 % starting from Thursday.

Beijing also imposed restrictions on 18 American companies, especially in the defense sectors, adding to about 60 American companies punishing the Trump tariff.

Less risk of stagnation

The recession in the United States is no longer the most likely picture after President Donald Trump limited the two mutual definitions for 90 % for 90 days, according to the evaluation of Goldman Sachs..

Trump’s “mutual” tariff is not as it looks; Understand