To the minute | Donald Trump tariffs: reactions and last minute of the new taxes

by Andrea
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El Periódico

European stock markets have opened this Thursday with a negative tendency, with the exception of Frankfurt, on a day in which, although the focus will be maintained on the tariff war, the prominence will fall on the European Central Bank (ECB), which today could announce a new cut of interest rates. After the opening, the Madrid Stock Exchange drops 0.15 %, Paris 0.47 %, Milan 0.55 %and London 0.72 %. Frankfurt, on the other hand, advances 0.10 %; While the Euro Stoxx50 index, in which the most capitalization European companies are quoted, 0.31 %are left. The European markets have opened this Thursday in red almost generalized, after Wall Street closed the eve with strong falls, especially in the Nasdaq technological, where they exceeded 3 %, dragged by the Nvidia chip manufacturer, which lost almost 7 %. Also, on that day, the president of the Federal Reserve of the US (FED), Jerome Powell, warned that the Central Bank data point to an economic slowdown in the context of the tariff policy of President Donald Trump. Despite Wall Street falls, and while futures on their main indicators advance a positive opening for today, in Asia the profits have been imposed. The Shanghai bag has won 0.13 % and the Hang Seng of Kong Hong 1.33 %. Likewise, Tokyo’s Nikkei has revalued 1.35 %, encouraged by Trump’s statements, which has assured that negotiations on tariffs with Japan have been positive and great progress has been made. The euro drops at this time and is changed to $ 1.136, waiting for the ECB and its interest rates decisions.

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