Trump's additional customs tax decision plunges world stock markets
The New York stock market started out with the news that the US would bring additional customs duties and restrictions to China.
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Following the signing of Trump's circular, the indexes completed the day with a sharp decline.
New York stock market indexed the biggest daily drop in the past 6 weeks after US President Donald Trump brought additional customs duties to China.
The Dow Jones Industrial Average fell 724.42 [2.93 percent], to 23,957.89, while Standard & Poor's 500 index dropped to 68.24 [2.52 percent], to 2,643.69.
The Nasdaq Technology Index also fell by 178.61 points (2.43 percent) to 7.166.68 points.
In Japan, Nikkei 225 index session on the Tokyo stock market fell 4.51 percent on the day, declined to 20.617.86 points.
Thus, all three indices experienced the biggest daily losses since February 8.
On the other hand, at the end of the day, the Shanghai Composite Index lost 3.39 percent.
Trump, at the ceremony at the White House, signed the bill, adding that additional customs duties and investment restrictions to China could amount to $ 60 billion. (ILKHA)
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