US Stock Futures Drop as Trump Implements Tariffs
Key points
- After the Trump administration imposed tariffs on the Tuesday, the Trump, Canada and China, US stock futures are in tanks.
- The stock manufacturers who assembled vehicles in Canada and Mexico and part of imported from China are rolling globally.
- UBS said that in the next few weeks, tariffs will continue to become a unreasonable market.
After the Trump administration, U.S. stock futures are in tanks Tariff Products, Canada, and China, which will take effect on Tuesday.
Nasdaq The futures are almost 2 % low in recent times, and S & P 500 and Dow Jones Industrial average The futures of President Donald Trump’s tariff plan in these three countries have fallen by about 1.5 %, and these three countries account for more than 40 % of the imports of imports in the United States.
Trump ordered a 25 % tariff on Mexico and Canada on Saturday. Ottawa’s tariffs were 10 % Reverse 25 % tariffsEssence Trump also said, right EU (EU) “It will definitely happen.” BloombergThe president quotes the huge trade deficit between the United States and the region.
Global Automobile Manufacturers Stock Rolling
The stock manufacturers’ stocks, these car manufacturers in Canada and Mexico Import parts The world from China is rolling. this “Three” American auto manufacturers-Proxide motor (Universal), Jeep parents Stellandis (pressure) He Ford Electric (F) -Stins 7 %, 5 % and 4 %, respectively.
Japanese car manufacturers’ stocks also have a supply chain in Canada and Mexico, and they have also declined. Toyota (ToyotaTM) U.S. listed stocks fell 3 % in listing transactions, and Honda Motors (HMC) Fall 6 %. Nissan’s stock price fell nearly 6 % in Tokyo transactions.
“In the next few weeks, Tariffs may represent the market’s downturn in the next few weeks,” said UBS Global Wealth Management. “