The latest threats of Trump’s tariff Wall Street, European stocks and less apples

New York (AP) – US stocks fell on Friday after President Donald Trump It threatened 50 % of the customs tariff for the European Union This can start a little more than a week.

S & P 500 0.7 % lost to close it The worst week In the last seven. The Dow Jones industrial rate decreased 256 points, or 0.6 %, and the boat drowns on the NASDAC 1 %.

Trump threatened the definitions before the opening of the stock market in the United States, saying on his social platform in fact that the commercial talks with the European Union “were not anywhere” and that the “straight and 50 %” definitions could enter into force on June 1. The European Union is one of the largest trading partners in the United States.

The stocks fell immediately in Europe, with the CAC 40 in France lost 1.7 %. The United States market also decreased quickly, and futures for stock indicators decreased in the United States after only earlier suggested modest moves in the open circulation.

S&P 500 lost up to 1.3 % shortly after the start of trading, but she was lost as traders were weighing whether Trump’s recent threats were just tactics negotiating in the hope of obtaining a deal or something else.

Apple decreased by 3 % and was the heavier weight on the S&P 500 after Trump went specifically after the company. He said he is pushing the CEO of Apple Tim Cook to Transfer of iPhone devices For the United States, he warned of the customs tariff “Apple must be paid by at least 25 % to the United States” if it does not happen.

Trump later explained his position to say that all smartphones made abroad will be imposed on it and customs duties can come as soon as the end of June.

“Samsung and anyone will make this product,” Trump said. “Otherwise, it will not be fair.”

Trump was criticizing companies individually when he was frustrated with how they behave because of his definitions and because of uncertainty His trade war create. It is earlier Wall Mart told that he “eats definitions”, “ Along with China, after the retail seller said he is likely to raise prices to cover the increase in the cost of imports.

Deckeers Outdoor, the company that stands behind Hoka and Uggs, has become one of the latest Companies say every case of uncertainty about the economy It means that he will not provide financial expectations for the next year. Instead, it only gave expectations for the next quarter, and has reduced analysts’ expectations for revenue and profit.

This has sent his shares 19.9 %, although the company reported more powerful profits and revenues for the last quarter of the expected.

Russian stores decreased by 9.8 % after withdrew their financial expectations for the full year, noting what is more than half of the goods that they sell in China. “In this way, we expect to pressure our profit if the tariffs remain on high levels,” said CEO Jim Conerry.