The main indicators of Wall Street opened a decrease today, Friday, while markets raised the latest escalation in the trade war after China raised its customs fees on imports from the United States to 125%.
- The Dow Jones Industrial Index fell 0.25% at the opening.
- The Standard & Poor’s 500 index fell 0.24%.
- The nasdak collection fell 0.18%.
The Chinese Ministry of Finance said – Friday – that Beijing will impose customs duties 125% on American goods starting tomorrow, Saturday, increasing from the 84% announced earlier.
The increase came after the White House continued to pressure the second largest economy in the world and the second largest source of the United States by announcing additional customs duties, although most of the “anti -anti -” fees previously imposed on dozens of countries.
The White House said yesterday that the large increase in customs duties imposed by Trump on Chinese goods, and entered into force Thursday, raised the additional definitions imposed by Washington on Beijing to 145%.
Asian stock exchanges fell sharply in early trading today, Friday, after Wall Street fell yesterday.
The Japanese Nikki index fell on Friday 2.96% to close at 33585.58 points, after 5% had folded earlier in the session.
The broader Topics index closed a low range of 2.85% at 2466.91 points.
The European stock exchanges that were the only steadfastness on Thursday returned to the decline in today’s dealings after the Beijing announcement.
- In Paris, the CAC 40 index decreased by 1.1%.
- The Frankfurt Stock Exchange fell 1.6%.
- The London Stock Exchange fell 0.4%.
- The Milan Stock Exchange fell 1.5%.
