World scholarships do not stop coughing. Effects of a “very beautiful medicine”

The main European scholarships opened this week in free fall, following the trend of Asian squares, due to Donald Trump’s inflexibility on the tariffs imposed on US business partners last week. The US president says it is the effect of a “very beautiful medicine.”

To the bag of Lisbon opened This Monday in a strong fall, with the PSI Index (Portuguese Stock Index) A Chinese 5,26%for the 6,286.68 points.

The Eurostoxx 600 was retreating more than 5% and the London, Paris and Frankfurt bags designed 4.58%, 5.78% and 6.58%, respectively, while Madrid and Milan were devalued 5.51% and 6.90%. The Frankfurt bag was backwards over 9%.

The price of Brent oil for delivery in June, the reference in Europe, dropped to $ 62.77, against $ 65.77 on Friday.

The euro was advancing, quoting at $ 1.1028 in the Frankfurt shit market, against $ 1.0956 on Friday.

Lisbon in Forte Baixa

About 08:45 in Lisbon, the Lisbon Stock Exchange was negotiating in Fort Lower, aligned with the European counterparts, with the 15 actions of PSI to fall more than 3.36%, led by CTT, which lowered 7.38% to 6.65 euros.

PSI maintained the opening trend and lowered 5.94% to 6,241.55 points, a minimum from April 17, 2024, with the quote of the 15 ‘papers’ to go down.

The CTT actions followed Galp, which descended 7.01% to 13.40 euros.

Ibersol, BCP and SEMAPA shares retreated more than 6%, namely 6.98% for 8 euros, 6.51% to 0.46 euros and 6.26% to 14.04 euros.

With the same trend, five shares fell more than 5% – EDP and EDP Renewables, which devalued 5.99% to 2.97 euros and 5.97% to 6.93 euros. REN, Mota-Engil and Amorim Cortice Low 5.85% to 2.65 euros, 5.69% to 2.95 euros and 5.67% to 7.16 euros.

More moderately, but descending more than 4%, the titles of Jerónimo Martins, Altri and descended us 4.59% to 19.52 euros, 4.56% to 5.63 euros and 4.30% to 4.11 euros.

Already Sonae and Navigator lost 3.94% to 1.0 euros and 3.36% to 3.10 euros.

Biggest drop in history in Taiwan

The reference index of the Taipé Stock Exchange, the Taiex, sank 9.7%the biggest daily drop in its history, reflecting investors’ panic following the rates imposed by Washington on Taiwanese products.

Technological companies were the ones that lost the most on the dayWith TSMC, Hon Hai (Foxconn) and MediaTek fall below the 10% daily limit as soon as the session began.

TSMC losses, The largest chip manufacturer in the worldthey mean that the company’s shares have fallen 25.3% since its historic maximum on January 22, representing a drop of 7.4 billion of Taiwan dollars (about 203 billion euros) in market value.

Remember that Trump announced, last Tuesday, a new round of “reciprocal tariffs” against various countries and territories, including Taiwanto whom a 32% fee From April 9 (Wednesday), in response to alleged practices such as currency manipulation or illegal transhipment of goods.

Or Taiwan leader, Williamreiterated that Taipe will not impose “retaliation tariffs” Against the United States, but will seek to dialogue with Washington based on the premise of “zero bilateral tariffs”.

“To ensure Taiwan’s competitiveness, we will increase US imports and take other measures. Working together, we will start a golden era of shared prosperity,” he said.

Although Taiwan Semiconductors – the main engine of its economy – have been excluded from new customsthe measure has raised concerns about the most hostile business environment between Taipe and Washington.

Taiwan has the sixth largest surplus in trade with the US, with record exports of over $ 110 billion (100 billion euros) in 2024, driven by the growing American demand of these advanced artificial intelligence chips.

The medicine is bitter, but “very beautiful”

In the face of the cough of the bags, including, Trump says this is the effect of Bitter medicine – which will have positive effects in the short term.

The US President says this is the only way to heal the financial deficit that exists with several economies, such as the European Union (EU) and China, promising to reverse this scenario quickly.

“The only way to solve the financial deficit is through tariffs, which are now bringing tens of thousands of dollars to the US (…) one day people will realize that Tariffs are a very beautiful thingFor the US, ”said Trump this Sunday in a publication on the Social Truth.

However, according to the White House Economic Counselor, Kevin Hassett, More than 50 countries contacted the US administration to request the beginning of negotiations on the customs announced.

Countries that have proposed to open negotiations “they do it because they understand that they will support a significant portion of these rates,” said the director of the National Economic Council and supports the US President of Economic Policy.

China prepared to stop war

The Chinese Communist Party’s official newspaper (CCP) admitted that the rates imposed by Washington will impact the Chinese economy, but pointed out that the leadership in Beijing was already preparing for this moment.

“The Party Central Committee [Comunista] It had already foreseen this new round of economic and commercial restraint and repression against China, fully estimated its potential impact and prepared response plans with sufficient anticipation time and reserves, ”said the People’s Diary.

Recognizing that the application of Additional customs of 34% About imports from China, in addition to the 20% rates imposed earlier, will result in a “reduction in bilateral trade with the US” and a “short -term negative impact on exports”, the newspaper recalled that “many US products have high dependence on China”.

Pointing the “large dimension” of the Chinese economy, the newspaper recalled that China has monetary policy instruments, such as reducing mandatory reserve ratio and interest rates, to stimulate domestic consumption with “extraordinary strength”, which would allow the Asian country reduce your dependence on exports.

“The domestic market has a wide margin of maneuver”said the official newspaper of the Chinese Communist Party. And also stressed the country’s capacity to transform the adverse effect of US measurements into a “impulse” to accelerate economic transformation and “industrial innovation”.

“Strangular, repressing and restricting only forces China to accelerate fundamental technological advances in key areas,” he said.

Still, on Friday, Beijing at the rates announced by US President Donald Trump.

Beijing measures include 34% rates on US products, sanctions against US companies, restrictions on exporting certain rare land, or opening anti-monopoly and anti-dumping investigations against US companies and products.