{"id":128948,"date":"2019-12-04T00:31:09","date_gmt":"2019-12-04T00:31:09","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=128948"},"modified":"2019-12-04T13:24:46","modified_gmt":"2019-12-04T13:24:46","slug":"markets-slide-after-trump-threatens-france-and-e-u-with-tariffs","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-slide-after-trump-threatens-france-and-e-u-with-tariffs\/","title":{"rendered":"Markets slide after Trump threatens France and E.U. with tariffs"},"content":{"rendered":"<hr \/>\n<table cellpadding=\"10\" align=\"center\">\n<tbody style=\"padding: 10px; font-family: Helvetica, Arial;\">\n<tr align=\"center\">\n<td align=\"center\"><center>This week, you missed Past Top Picks comments by <a href=\"https:\/\/stockchase.com\/expert\/view\/1341\/Zachary-Curry\">Zachary Curry<\/a> including <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple<\/a> (A Top Pick Nov 20\/18, Up 49%) <strong><a href=\"https:\/\/stockchase.com\/premium\/?utm_e-top-promo-top-picks-text\">Get Premium<\/a> to receive all past top picks opinions a few hours before market open.<\/strong><br \/>\n<a href=\"https:\/\/stockchase.com\/premium\/?utm_e-top-promo-top-picks-image\"><img decoding=\"async\" class=\"alignnone size-full wp-image-123205\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/11\/premium-button.png\" alt=\"Get Premium\" width=\"289\" height=\"48\" \/><\/a><\/center><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr \/>\n<p>Markets slid after Trump threatened 100% <a href=\"https:\/\/www.washingtonpost.com\/world\/europe\/france-threatens-strong-riposte-to-trumps-proposed-tariffs-on-french-goods\/2019\/12\/03\/16aa5310-15d0-11ea-80d6-d0ca7007273f_story.html\" target=\"_blank\" rel=\"noopener\">tariffs<\/a> on US$2.4 billion worth of goods against France. This came right after he slapped steel and aluminum tariffs of Brazil and Argentina. Meanwhile, tariffs stand at the centre of U.S.-China trade negotiations, and the North American trade deal with Canada still needs to become official.<\/p>\n<p>On Tuesday, all New York indices plunged well over 1% with the Down sinking 1.45%. By threatening France, Trump is really confronting the EU. The EU immediately vowed to retaliate, stung by actions from what it considers a long-time ally. The news overshadowed events at <a href=\"https:\/\/stockchase.com\/company\/view\/1833\/GOOG-Q\">Alphabet<\/a> where <a href=\"https:\/\/finance.yahoo.com\/video\/larry-page-steps-down-sundar-221052176.html\" target=\"_blank\" rel=\"noopener\">Google<\/a> founders Larry Page and Sergey Brin stepped down to hand control of both entities to CEO Sundar Pichai. Alphabet ticked up 0.42%.<\/p>\n<p>In Canada, the TSX fared better than New York, losing 0.53% by the Tuesday close. However, at the start of earnings season for Canadian banks, <a href=\"https:\/\/stockchase.com\/company\/view\/161\/BMO-T\">BMO<\/a> announced its deepest <a href=\"https:\/\/finance.yahoo.com\/news\/bank-montreal-beats-estimates-wealth-112856551.html\" target=\"_blank\" rel=\"noopener\">job<\/a> cuts in years, shedding about 5% of its workforce or 2,300 workers. BMO shares fell nearly 2% at Tuesday&#8217;s open and closed down 2.12% by the close. It does not bode well for the bank, with some suspecting disappointing earnings to come.<\/p>\n<p>&#x1f310; <a href=\"https:\/\/stockchase.com\/company\/view\/1833\/GOOG-Q\">Alphabet Inc. \/ Google<\/a> +0.42%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/161\/BMO-T\">Bank of Montreal<\/a> -2.12%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Zachary Curry including Apple (A Top Pick Nov 20\/18, Up 49%) Get Premium to receive all past top picks opinions a few hours before market open. Markets slid after Trump threatened [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":345019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[157,414,133,274,39,220,218],"class_list":["post-128948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-banks","tag-france","tag-google","tag-tariffs","tag-tech","tag-trade-war","tag-trump"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/128948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=128948"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/128948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/345019"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=128948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=128948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=128948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}