Amsterdam stock exchange down 2% following Trump's latest tariff hike

The negative sentiment on the stock markets continues unabated on Friday afternoon. The Amsterdam AEX index was almost 4 percent in the red at 2 p.m., after…

The Amsterdam stock exchange opened lower again after the Amsterdam main index also closed 2.7% lower on Thursday. The AEX fell 0.5% to 873.3 points. The import duties that US President Donald Trump announced on Wednesday evening are still having a significant impact on the financial markets. Earlier in the day, the Asian stock exchanges also fell. On Wall Street, the indices lost up to 6%. Just like yesterday, the financials and tech funds are …

The stock exchange in Amsterdam closed trading on Thursday with a large loss. Elsewhere in Europe, the stock exchanges also fell sharply in response to the import duties that US President Donald Trump wants to impose on all other countries. This is fueling fears of a fierce trade war and global recession.

Amsterdam stock exchange down 2% following Trump's latest tariff hike

The AEX index in Amsterdam fell by almost 2 percent at the opening on Thursday, responding to the latest American import tariff hikes announced by Donald Trump on Wednesday. Almost all funds started in the red. Banks ABN Amro (-4%) and ING (-3%) took the biggest hits. Chip machine companies ASML, Besi and ASMI were also in the red.