Customs War The truce – a brisk stock market bill folded on Wall Street

Stock exchange indices on Wall Street were in a minor fall in the morning in the morning.

After closing the Helsinki Stock Exchange, the S&P 500 was down by 0.5 %, NASDAQ 1.0 % decrease and Dow Jones on a 0.1 % decline.

Previously, immediately after the Wall Street stock market opening, the S&P 500 index was 1.7 % and NASDAQ was down by 2.1 %.

Mexico duties are being postponed

Rapid market movements were based on a kind of intermediate peace in the trade war.

Mexican President Claudia Sheinbaumin According to the United States against Mexico, duties have been postponed by month. For example, it was recently reported Bloomberg.

According to sheinbaum this Donald Trump The telephone conversation with the telephone conversation was “good”. Sheinbaum described the moods in his writing instant messaging service X:in.

In his message, Sheinbaum said Mexico will send soldiers of the National Guard to the north border to crush drug trafficking to the United States. At least Trump has accused Mexico for the release of drugs, such as fentanyl, across the US border.

According to Sheinbaum, the United States also strives to restrict the smuggling of weapons to Mexico.

On Saturday, Trump had announced that the United States would place Mexico and Canada as much as 25 % import duties, except for energy imports from Canada, which is 10 %. To China, Trump announced 10 % of those who apparently come into effect on Tuesday. For Europe, Trump said he would announce the coming soon.

Like Canada, Mexico was already promising a lot of new ones for the United States.

Fears of the global trade war weighed on stock markets in Asia, Europe and the United States. The dollar and the Japanese Jeni were strongly strengthened at the beginning of the week against other currencies.

In the light of the latest news, everything seemed to turn over again, at least momentarily. For example, a previously impaired Mexican peso was rapidly painful against more than a per cent of dollars. The US dollar index, which proportioned to the international currency basket, was only 0.4 % rising, while it was more than one percent on Monday morning.

The decline in stock exchange indexes came in both America and Europe.

The retention of customs doubts

Not everyone was originally believed to last for a long time. For example, on Monday, Citigroup Bank’s economists included the Basic Scenario that the United States cancel from the customs.

“The business in the market reflects a fairly high probability that the duties now set are short -lived,” economists wrote.

“At this point, we suspect whether the duties are long -lasting for Canada and Mexico, if they come into force at all,” says Truist Advisory Servicesin market strategist Keith Lerner Bloombergille.

In the evening of Finnish time on Monday, Trump is also expected to discuss the Prime Minister of Canada Justin Trudeaun with.

According to experts, the customs duties would, at first, mess up at least supply chains in the United States, and to disturb the production of many products in the countries that are targeted by customs customs. For example, in Mexico and Canada, there was concern about the production of cars and their components.

“Trade War 2.0. Probably causes a negative shock to the global economy and creates new uncertainty for global trade and corporate results, ”says Betashares Holdings Head of Interest Investment Investment Director Flaeth de Silva Bloomberg on Monday morning.