NY stock market The Dow average share price has dropped significantly.
The New York stock market on the 3rd said President Trump said that there will be no deadline in trade negotiations with China, and that the increase in protectionism will have a serious impact on the US economy. From the point of view, it has been almost completely lower, and the Dow average share price has dropped significantly.
In response to trade negotiations with China, President Trump said, “There is no deadline for negotiations. You can wait until next year's presidential election.” The whole surface is cheaper.
This is because if the market expectation that the negotiation agreement with China is close, and if tariff increases on imported goods from China scheduled for 15th of this month are implemented, the US economy will be This is because of the widespread view that there may be a serious impact.
Market officials say, “The market is becoming more concerned when protectionist policies become stronger than ever, such as conflicting with South America over steel imports and France over IT taxation.”