European stock indicators .. “Stox” closes low 1.04%
This comes after the US President imposed customs definitions on a number of countries.
Results of European stock indicators
The “Stoxus Europ 600” index of European stocks scored 1.04 percent by 90 points to 8583 points.
On the Italian National Stock Exchange, it decreased by 0.69 percent by 252 points to 36,218 points.
The German “DAX” index lost 1.40 percent by 303 points to 21,428 points.
The effect of Trump’s customs duties
The IBEX 35 index on the Spain Stock Exchange fell 1.32 percent by 163 points to 1,2205 points.
The market’s reaction in the region was negative to the US President’s decision to impose customs duties by 25 percent on imports from Mexico and Canada and a 10 percent tax on goods from China.
While Canada responded by imposing its own sanctions on American imports, and announced earlier to postpone the imposition of customs duties on Canada and Mexico.
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