The US foreign policy motivates European leaders to promise to increase defense costs, which has led to increased European ownership.
After US president Donald Trump’s decision, to introduce imports from country partners, the American Stock Market began to experience difficulties. This has been reported by the Financial Times.
A few months ago, investors expect American policy to contribute to the growth of American actions and strengthen the dollar. However, now they are afraid that such trade restrictions will have a negative impact on U.S. economic growth.
The US foreign policy motivates European leaders to promise to increase defense costs, which has led to increased European ownership.
European stock indices not only caught, but also reached US indices. For example, German Dax grew more than 20%, and French CAC 40 – by 9%. The Euro has also reached a maximum since November after Germany announced significant costs for army and infrastructure.
Shares of defense companies have increased significantly, including Rheinmetall, whose cost rose 130%, and Siemens Energy, which added 115%. While American company Tesla has lost most of the post -Breed achievements.
Stock managers note that Trump’s program “We will do it again America” really contributes to the new policy “will make Europe great again,” changing global financial trends.
US president threatened Donald Trump to introduce a 25 percent duty to goods from the EU. At the same time, the White House leader criticized the European block, saying he was “created to harm the United States.”
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Source: korrespondent

I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.