The US President Donald Trump’s introduction of import tariffs for most countries of the world has significantly affected the stability of the American stock market. About this informs Financial Times.
Futures for key U.S. stock indexes continued to fall as investors weighed the possible effects of reciprocating tariffs initiated by Trump. S&P 500 futures fell more than 3%, while Nasdaq 100 technology futures fell 4%.
At the same time, there was an increase in bonds, which partially compensated for previous losses. The yield on 10-year Treasury bonds decreased by 0.07 percentage points to 4.13%.
We will remind that on April 3, US President Donald Trump introduced mutual tariffs on the import of goods from most countries. In particular, a customs duty of 10% has been imposed on products from Ukraine. Starting April 3, 25% tariffs on all foreign-made cars are also in effect.
In addition, Trump declared a state of emergency to ensure economic security, which gave him expanded powers in the area of customs regulation.
