The stock market earthquake should be caught with the calm leaders of the European Union

In this photo illustration, pictures of double exposure show US President Donald Trump against the European Union flag.

SOPA photos | Lightrockket | Gety pictures

European Union leaders urged a calm response to US President Donald Trump's tariff, which was beaten by global markets, days after China withdrew more revenge.

“The reaction of the tariff war was predicted. The stock market earthquake from Japan across Europe to America should survive without nervous decisions,” Polish Prime Minister Donald Tusk said on Monday in a social media update translated in Google. “The Polish Securities Market also got a festival, but political and economic stability is our assets at this difficult time. We will persevere quietly!”

On Monday, Germany's Minister of Economy Robert Habik defended “quiet and united”, noting that regional countries cannot resolve the matter alone, according to Reuters. His comments were a more overseeing response than last week that Trump would “connect under pressure” if Europe joins the forces on customs duties.

Their comments with European stocks decrease another 4.2 % at 11:35 am London time, amid an increasing risk of demand in the United States on European commodities and the risk of recession in the world's first economy.

Poland and Germany out of 27 countries that slapped 20 % of the mutual tariff under Trump's measures targeting the European Union, which was unveiled last week alongside a broader series of other comprehensive global duties.

The two countries face various effects: Germany -based Germany, which places goods of 157.9 billion euros ($ 173 billion), through Atlantic, is to bear the impact of fees in the banking car sector already.

Meanwhile, TUSK said in the past that the Polish economy may suffer from the total direct product by 0.4 % (gross domestic product) as a result of the latest duties of Washington, while the Polish Economic Institute in the analysis confirmed that the American demand contributes only to 2.6 % of the national gross domestic product, but these microscopic fees constitute wider risk of the country on the country and can put a burden Individually through economic growth.

Looking at Central and Eastern European countries, analysts evaluated that “the United States's trade war alone will not decrease the entire CEE economy through the export channel” but they pointed to an experienced risk of imported and imagined inflation.

“The perceived inflation represents a silent threat: by reducing consumer confidence, it will increase savings and kill any momentum in consumption growth. With the appearance of the region from a cost problem (or crises in some cases, such as Hungary), the negative Western impact on Hungary strangers.

They said: “This void can quickly be filled by Chinese investors, which can provide some positive stimulation but also creates more headaches for the European Commission and expose the countries of the European Union's trade tensions.”

The European Union's response remains in question, amid recent warnings from Goldman Sachs that Trump's tariff can provide a total trade-related tone by 0.7 % to the GDP of the euro region this year, and Deutsche analysts at a bank that White House measures can agree between 0.4-0. we.”

So far, European Union President Ursula von der Lin has been preparing for the bloc to “more counter -measures” in an initial response, in case the talks failed – as Reuters reported that the union could attend an imminent counter. Europe's retention contrasts, unlike Canada and China's approaches, which imposed a retaliatory tariff in response to Trump's protectionist policies in recent months.

Amid an intense trade war and a blood bath in the United States and global markets, Trump reassured on Sunday that “he does not want anything to decrease, but sometimes you should take the drug to fix something”, after previously standing on the assumption of customs duties to reduce the trade deficit of the United States with the parties.

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