Dow slips 400 points after Trump’s 50% tariff threat on EU

American actions lose gains at the start of negotiations on Friday as investors strongly reacted to the new pricing threats of President Donald Trump against the European Union.

The industrial average of Dow Jones has dropped by more than 480 points, and the S&P 500 reference index lost 1% as actions open lower than the middle of the market reaction. The Nasdaq composite also dropped lower, down 1.2%.

Having carried out gains in recent days, driven by macroeconomic and geopolitical concerns, global actions seemed to end the week on a losing note while the traders weighed the last move linked to the prices of President Trump.

In particular, this occurs shortly after the United States has concluded agreements with the United Kingdom and China, agreements that sparked optimistic momentum at Wall Street. However, with the agitation of the US deficit increasing, actions pass from dull yields to wider concerns on the market.

Regarding what Trump said about American trade negotiations, nothing moves. Basically, with this Stalling, he considers the next step as a 50% price on the EU.

“The European Union, which was formed with the main aim of taking advantage of the United States on trade, was very difficult to manage. Our discussions with them are not going! ” Asset written about social truth. “Consequently, I recommend a 50% right rate on the European Union, from June 1, 2025. There is no rate if the product is built or manufactured in the United States.”

While the attention of investors had changed American debt deficit prices And government policy, Trump’s recommendation of a 50% rate on EU’s feeling on this subject.

The warning of the American president that the manufacturer of iPhone Apple also faces a 25% rate on iPhones made elsewhere adds to the general feeling that the markets can still suffer from pain.

Dow, S&P 500 and Nasdaq should end the negative week, while the euro and the dollar have also dropped.

Meanwhile, while Gold increased by $ 3,356, the Bitcoin reference cryptocurrency (BTC) Ridden nearly $ 108,000, down 2.6%. Bitcoin has reached a All time above $ 111.8K this week.