US President Donald Trump is preparing to express mutual fees on Wednesday, with the uncertainty around his policies about the impression of the market.
European stock markets The parade was closed negatively, which Considers that the first monthly decrease of the year. In the last stock market of March, STOXX 600 Paneuropeo Index 1.51%, Dax 1.33%and CAC 40 1.58%. Throughout the month, three main codes lost 3.8%, 2.38%and 4.09%, respectively.
Despite this setback, the Income has received the best results in European variable American this year. Wall Street recorded its biggest monthly drop Since December 2022, potential concern has increased Economic consequences Extension of the purpose of fees.
Trump will announce mutual fees on “Liberation Day”
Trump will announce mutual fees on WednesdayIt describes it as a “day of liberation.” New fees will go to “all countries”He told journalists at Air Force on Sunday. White House Press Secretary Caroline Levit confirmed Monday “Deviations” will be based on the countries of the country “. He said Trump payment plan “I will go to the unfair business practices that have been defrauding our country for decades,” he pointed out European Union, Japan, India and Canada are one of the goalsCited its highest import fees in US products. 25% of fees on cars They will come into effect on the same day.
US President has suggested to impose fees on medical products, wood and semiconductor It is expected that the bills will be charged on copper in the coming weeks. In February, Trump signed an administrative order and he began an investigation into copper imports, and expressed concern over national security and economic stability. In the middle of the Imposed 25% of fees on steel and aluminumAfter imposing common fees for imports from Mexico, Canada and China.
European consumption values lead to common losses
It is expected Extension of Trump’s fees It affects many major European sectors, especially luxury products, cars and health care. In March, rotational consumption values are the most backward of the Stocks 600 index, with a 12%drop. The department’s fall is enabled Often due to luxury values and car manufacturers. LVMH and Hermes fell 18% and 12% respectively last month. The automobile department also suffered strong forecast losses In fees: Mercedes -Benz 9.3%, Volkswagen 10%, BMW 12%, Stellantis fell by 17%.
The values of the health and technology sectors were very lostDue to the threats of Trump to impose fees on medical products and semiconductor chips. Novo Nordisc’s actions fell 27% in MarchSince 2022 its worst decision, after the disappointment of its rehearsals New generation drugs To reduce the weight and concern of potential US charges. In addition, two major European technology values, SAP and ASML fell 7.9% and 10.7% last month.
Euro records its largest monthly increase since 2022
Rather Euro recorded its highest monthly yield Against the US dollar since November 2022. The EUR/USD pair rose 4.25% in March, from 1.04 to 1.08. Faith around the tax plans From the European Union, the increase in security costs and the reform of the German debt contributed to progress again.
In the meantime, The US dollar weakened As for concern that Trump’s fees may stop economic growth. Varying yield of public debt They also reflected the changes in the sense of the market. The 10 -year -old German Bundi yield rose to 2.73%to 2.73%, while the 10 -year US treasure yield was at least 4.21%. Investors sought public debt safety In the face of the growing fears of the recession, Americans, European public debt was sold, which increased the yield due to the high demand of premiums in anticipation of credit.
