European Stock Markets are finishing-up their trading week. Today has not been a good day over there:
Paris -3.8%
Frankfurt -3.3%
London -3.7%
Rome -7.79
Here in the USA, today alone, some $2.8 TRILLION has been wiped out in market value today alone; but they are still open and can redeem some of those losses.
All of this volatility is being blamed on the Tariffs applied by President Trump against 185 countries, yesterday.
But results from those Tariffs are already yielding positive aspects:
VIETNAM WANTS TO CUT THEIR TARIFFS TO ZERO
President Trump this morning reports “Just had a very productive call with To Lam, General Secretary of the Communist Party of Vietnam, who told me that Vietnam wants to cut their tariffs down to ZERO if they are able to make an agreement with the U.S. I thanked him on behalf of our country and said I look forward to a meeting in the near future.”
THAILAND WANTS TO NEGOTIATE
Thailand to Negotiate With the US on 36% Imposed Tariff, according to their Prime Minister
Next: everyone else