American stocks record declines … and anticipate the repercussions of the trade war

While the attention of the markets is dominated by the repercussions of the trade war, the US President has declined with the start of trading on Monday.
The S & B 500 index fell 1.7% in the morning trading on the Wall Street Stock Exchange, after a similar decline in Asian and European markets.

American stock indicators

The standard also declined by 557 points, and the Nasdak Synod index fell by 2.1%.
The decline included all financial markets, starting from cryptocurrencies to Mexican.
It was not limited to the shares of American companies expected to first suffer from the repercussions of imposing American fees on imports from Canada, Mexico and China.

Trump’s decisions to impose customs duties

Donald Trump decided to impose 25% fees on most American imports from Canada and Mexico, and 10% fees on imports from China as of tomorrow.
Trump said that these fees were imposed on these countries, due to the production and smuggling of the Fintanil anesthetic to the United States, as well as the flow of illegal immigrants to them.
On the other hand, Elon Musk revealed the approval of US President Donald Trump to close the US Agency for International Development, and Trump commented: “We must close it.”