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Earthquake on the stock market should be sustained calm, say, EU leaders

In this photo illustration, US President Donald Trump is shown against the EU flag.

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The European Union leaders called for quietly responding to US President Donald Trump tariffs who beat world markets, a few days after more militant China pressed retaliation.

“The reaction to the tariff war was predictable. Earthquake on the stock market from Japan through Europe to America should survive without nerve decisions,” Polish Prime Minister Donald Tusk said on Monday translated to Google in Google Update Social Media. “The Polish stock market has also received a ricochet, but political and economic stability is our assets during this difficult time. We will endure!”

According to Reuters, German Executive Minister Robert Habek also made a “peace and united” on Monday, noting that regional countries cannot resolve the case on its own, Reuters reports. His comments noted a more calm response from his previous Refunding last week What Trump “handle under pressure” when Europe comes into force over tariffs.

Their comments are coming when European actions were immersed as early as 4.2% at 11:35 am in London, against the backdrop of reducing demand in the US for European goods and recession risks in the main economy in the world.

Poland and Germany are one of the 27 countries, which crashed from 20% of mutual tariffs for Trump measures aimed at the European Union, revealed last week together with a wide range of other broad global duties.

Both countries face goods worth 157.9 billion euros (173 billion dollars) Transatlantic intends to carry a major blow from flights in its already, which sluggish automotive sector.

Meanwhile, he said earlier that the Polish economy could suffer from 0.4% of the gross direct product (GDP) as a result of Washington’s latest duties, while the Polish Economic Institute underlined in the analysis The fact that demand in the US is only 2.6% of national GDP, but tariffs create a broader indirect risk to the country and could put a load on individual sectors by increasing economic uncertainty.

Looking for Central and Eastern European countriesIng analysts estimated that “the US-EU trading war does not reduce the entire economy with the help of the export channel,” but noted the protracted danger from imported and perceived inflation.

“And the perceived inflation is a silent threat: reducing consumer confidence, it will increase savings and kill any impulses in consumption growth. With a region that comes out of the problem of life (or crisis in some cases, such as Hungary), overwhelmed the perceived inflation in the weakening The flag, as in Hungary), approaches the negative impact on the negative impact on the Western European foreign investment.

“This void can quickly fill out Chinese investors, which can provide some positive incentive, but also create additional headaches for the European Commission and expose the countries in trade tensions in the EU,” they said.

The eu’s repose remains under Question, Amid Recent Warnings from Goldman Sachs that the Trump Tariffs Could Deliver A Total Trade-Related Hit of 0.7% White House Measures Could Knock Between 0.4-0.7 Percentage Points Off The Economic Output and Warning of Impact On Labor Markets and “Indirect Costs From Abroad, Including Risk in the we ”.

So far, the chief Ursula von der Leyen has promised the willingness of the block to “further countermelga” In the original responsemust negotiate negotiations – with Reuters reporting the union Can prepare The inevitable counter. In the face of Europe and China’s approaches, which in recent months, in response to the reaction of Trump’s protectionist trade policy in recent months.

Among the strengthening of the trade war and the bloody bath in US and world markets Trump Sunday calmed down What he does not “want something descended, but sometimes you need to take the medicine to correct something” after the tariffs were stood before, to reduce the US trading deficit with counterparties.

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