Wall Street is declining again due to the mystery of Trump’s commercial policies

The main indicators of American stocks decreased by 0.4% in fluctuating trading, while global markets, supported by strong gains in the shares of car companies such as “Toyota” and “Hyundai”, increased after the sector’s shares climbed in the American market.
While the shares of “Bank of America” and “City Group” increased after announcing strong results during the profit season, the uncertainty and slowdown in growth constitute challenges for other banking companies.
Companies under pressure
“Boeing” shares fell by 2.4% after the Chinese authorities asked local airlines not to submit new requests to purchase the company’s planes, which may be pushed with one of the most prominent American manufacturing companies in the futility of the trade war between Washington and Beijing.
Also read: The fluctuations prevail in the shares of Wall Street with the continued announcement of the results of adult profits
In a new statement, Trump said China needs to negotiate with the United States to reduce the imposed customs duties, because its economy depends on the American consumer.
Europe is affected by the repercussions of the trade war
In Europe, the shares of luxury commodity companies decreased after the “LVMH” group announced a decrease in sales as a result of commercial tensions and poor demand from the Chinese market.
US stock futures decreased after Invidia announced strict American restrictions on chip’s exports to China, adding more ambiguity about the future of trade relations between the two countries, according to the “Yahoo Finance” network.
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Futures performance
The Dow Jones index futures fell 0.3%, and Standard & Poor’s 500 contracts decreased by 0.8%, while the Nasdak complex index, which is dominated by technology shares, lost about 1.4%.
Heavy losses to Anvia
A recent file from Invidia showed that the US government imposed restrictions on the export of the “H20” artificial intelligence segment to China, which led to the company’s shares of more than 6% in post -closure trading, and a loss of $ 5.5 billion in its net profits.
United Airlines exceeds expectations
On the other hand, the share of “United Airlines” jumped by 6.7% after it recorded quarterly profits that exceeded expectations, and reached $ 0.91 per share. The company announced “bold” investments to support growth, which strengthened the confidence of investors.
The mystery of customs duties is continuing
The American markets lost its power again earlier in the day, amid the continued confusion resulting from the unsatisfied track of Trump’s commercial policy. The fate of customs duties is still on major imports such as cars and consumer electronics.
On the other hand, the Trump administration is moving forward towards imposing new fees on drug imports, semi -conductors, and basic metals.
Temporary negotiations and exceptions
Analysts believe that the future of customs duties affecting the United States’ trading partners is still mysterious. Although Trump announced the suspension of most reciprocal fees for 90 days, these exceptions did not include China.
In an interview with “Yahoo Finance”, US Treasury Secretary Scott Beeset said that the United States expects “great clarity” about customs duties with most of its commercial partners, before the end of the prescribed stoppage period.
He added: “Once we reach agreements that include reducing customs duties and non -customs barriers and stopping currency and industries, we can move forward.”
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