Faced with American customs duties, the global scholarships are unscrewed – Liberation
After the feverish wait, the global scholarships see red. The day after the « Liberation Day » wanted by Donald Trump, and His ads of prohibitive customs duties Supposedly reciprocal (10 % for the whole planet, 20 % for the European Union and up to 34 % for China, to name a few), the stock market indices opened in very clear drop this Thursday, April 3, and for many the fall was confirmed throughout the day. An expected electroshock but worse than dreaded for Asian and European markets, in particular, pushed into the void by a goggling Donald Trump from the Roseraie de la Maison Blanche.
At the opening, at 9:30 am, the Frankfurt Stock Exchange recorded the clearest decline on the old continent: -2.4 %. Follow, in order, Paris (-2.2 %), Milan (-1.46 %) and London with a drop of -1.44 % (the United Kingdom is doing much better than its former European Union partners with only 10 % customs duties, while keeping hope of a trade agreement with the United States). The closure, at 5.30 p.m., was even more harsh and confirmed a chaotic day: -3.31% for the CAC 40, -3.08% for the Dax of Frankfurt, or -3.61% for the Euro Stoxx 50, the main stock market index in the euro zone.
