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Global stocks fall after the new Trump tariff threat



BEIJING.- World stock markets fell on Tuesday after US President Donald Trump intensified a dispute with Beijing over technology policy by threatening to raise tariffs on an additional 200 billion Chinese products. [19659006] MAINTENANCE SCORE: In early trading, Germany's DAX fell 1.8 percent to 12,606.14 and France's CAC 40 fell 1.4 percent to 5,372.20. The London FTSE 100 lost 0.8 percent to 7,565.81. On Monday, the DAX fell 1.4 percent and the CAC 40 lost 0.9 percent, while the FTSE 100 lost less than 0.1 percent. Wall Street looked ready for losses, with the future for the Dow Jones industrial average of 1.6 percent and the Standard & Poor's 500 for 1.3 percent.

ASIA DAY: The Shanghai composite index fell 3.8 percent to 2,907.82 and Hong Kong Hang Seng lost 2.8 percent to 29,468.15. The Nikkei 225 in Tokyo fell 1.8 percent to 22,278.48 and Kospi in Seoul lost 1.5 percent to 2,340.11. India's Sensex lost 0.6 percent to 35,331.28 and Sydney's S & P-ASX 200 fell 0.6 percent to 6,102.10. The benchmarks in Taiwan, New Zealand and Southeast Asia were reduced.

COMMERCIAL TRENDS: Trump ordered the US Commercial Representative. UU Prepare new tariffs on $ 200 billion in Chinese imports, intensifying a dispute Companies and investors could worry the trade and the global economy growth. Trump accused Beijing of not being willing to resolve the dispute over allegations that it steals or pressures foreign companies to turn over the technology. China's trade minister criticized the White House's action as blackmail and said Beijing was ready to retaliate.

THE ANALYST'S SUBJECT: "President Donald Trump's unwillingness to step aside became apparent this morning, once again sinking the markets in an atmosphere of risk," IG's Jingyi Pan said in a report. Pan said market attention turned to China for "signs of further reprisals."

WALL STREET: US stocks ended mixed in operations that ended before Trump issued his tariff threat. Home appliance companies suffered some of the worst losses since the S & P 500 fell for the third time in four days. The S & P 500 fell 0.2 percent, while the Dow lost 0.4 percent. The Russell 2000 index of small cap stocks rose 0.5 percent. Many investors feel smaller and more companies focused on the United States are less vulnerable in the event of a large commercial dispute.

ENERGY: US benchmark crude lost 88 cents to $ 64.97 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 79 cents on Monday to $ 65.85. Brent crude, used to quote international oils, fell 55 cents to $ 74.79 per barrel in London. The contract went up $ 1.90 in the previous session to $ 75.34.

CURRENCY: The dollar fell to 109.75 yen from 110.54 yen on Monday. The euro fell to $ 1.1552 from $ 1.1623.

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