Us stock market falls: US President Donald Trump on Monday announced to put 25 percent new tarf under the trade deal over his business partner countries South Korea and Japan. These new rates will be applicable from August 1. Along with this, Trump has also expressed the possibility of a mini trade deal with India soon. He warned Japan and South Korea that if any country imposes counter -tariffs, then the US will be imposed tariff in proportion to the same rate.

US market declines

Here, the US market has seen a decline between Trump’s announcement of this new tariff and fears of trade war. Dow Jones went down 1.2 percent i.e. 525 points, while Nasdaq composite fell down one percent. Whereas, S&P 500 has also fallen 0.9 percent.

Stocks of Honda Motor and Toyota Motor have also fallen by 4 percent, while Google’s parent company Alphabet Inc. and Apple’s stocks also affected it and it is 1 percent. The stocks of NVIDIA and AMD have also seen a decline.

10 percent additional tariff on BRICS group

President Donald Trump also threatened to put 10 percent of additional tariffs over the countries of the BRICS group supporting anti -American policies. The threat by Trump was given at a time when the US tariff was criticized without being named Trump during a conference in Brazil.

Significantly, the group of BRICS countries includes Brazil, Russia, China, India and South Africa. Apart from this, when the expansion was done, Indonesia, Egypt, Iran, Ethiopia and UAE were also included in it. Also, Belarus, Vietnam and Cuba are also included.

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Israel Iran Tensions: Wall Street was shaken on Friday after the attack on Iran by Israel. A strong attacks were carried out by Israel by targeting Tehran’s important establishments to prevent Iran from making nuclear weapons. In response to this, Iran was also reversed, after which where the voice of Israeli siren was heard, there was echo of explosions in Jerusalem.

Due to the attacks and counters between Israel and Iran on each other, on the one hand, there has been a fear in the minds of global investors, on the other hand, there has been a lot of tension in the Middle East.

Increased tension in the middle east

It is believed that if there are attacks on each other in this way, then the supply of crude oil can be interrupted from the Middle East. This is the reason that as soon as Israel attacked Iran, after that the price of crude oil climbed 7 percent.

Due to the increase in fuel prices, there is a decline in stocks of airlines companies. United Airlines has come to 4.4 percent, American Airlines 4.9 percent and Deelt Airlines 3.8 percent. However, the defense stocks including RTX Corporation have been seen to be fast since the Israeli attack.

Energy stocks boom

Energy sector is visible in enthusiasm due to Israeli attack on Iran. Diamondback energy has shown a jump of 3.7 percent and Exone of about 2 percent. While the S&P 500 index slipped 1.13 percent on Friday. Nasdaq was also 1.30 percent and Dow Jones Industrial Average was down 1.79 percent.

The market experts believe that if all this continues in this way, then the situation can be serious. Ilyas Hadad, a senior market analyst of Brown Barsha Heriman, says that if this situation continues, we can get caught in a completely military struggle.

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