[Mon, 03 Feb 2025 20:22:33 +0300]


Paris - Saba:
Stock market indices declined on Monday amid concerns about the consequences of the new tariffs announced by Donald Trump on global economic activity.

According to Agence France-Presse, the US currency rose by 1.15% against the euro at around 8:30 GMT to $1.0245 per euro.

Cryptocurrencies also declined as a result of investors' fears of these assets, which they are liquidating to compensate for their losses in other markets facing difficulties after Trump's announcement.

US President Donald Trump carried out his threats on Saturday to impose new tariffs on Canada, Mexico and China, by 25% on products coming from Canada and Mexico and an additional 10% on those already imposed on Chinese products.

Facebook

Whatsapp

Telegram

Email

Print

more of (Economy)

U.S. economy contracts in Q1 amid rising imports European stocks close higher Russia: Free trade agreement between Moscow, Tehran to enter into force next month Iraq prepares to launch global investment forum in early June European Union is considering reducing its purchases of American weapons IMF: US recession risks increase Gold rebounds on buying despite hopes for U.S-China trade deal EU Plans Roadmap to Abandon Russian Energy Resources Gold prices deepen losses, dropping below $3,300 per ounce Muscat Stock Exchange Index closes lower