Download Futures Drop, says the White House report, a tariff of up to 20 % on almost all commercial partners

• Futures in the United States fell on Sunday With Wall Street’s willingness to the latest Salvo in the trade war, Donald Trump. the Wall Street Journal I mentioned that the advisers considered a 20 % global tariff for almost all countries, although the mutual tariff is still an option. This is a previous report that said Trump is looking for more aggressive duties to transform the American economy.

Investors wander around a potential rough journey as a critical week of markets and economics, as reports indicate that President Donald Trump’s trade war may become more intense.

DOW futures decreased to more than 180 points, or 0.43 %, while S&P futures decreased by 0.5 % and future NASDAC decreased by 0.7 %. This is followed by the sale of Friday, which witnessed 2 % of the wide market index.

The tariff news dominated the weekend and indicated that more escalation in the future. On Sunday, I told the sources Wall Street Journal Trump prompted his advisers to get more aggressive on the definitions, including higher rates on a wider group of countries.

One of the options under study in recent days is a global tariff of up to 20 % that hit almost all trading partners in the United States, as it revived Trump’s idea of ​​the campaign’s path.

The rate of 20 % will increase the bet. Fitch estimated earlier that if Trump carried out all his previously announced plans, the effective tariff in the United States may reach 18 % on average- the highest level in 90 years.

The definitions are still mutual, as the United States is identical to duties or commercial barriers from other countries, as well, according to magazineBut one of the sources that Trump said wants a “great and simple” policy.

This indicates that the final tariff policy will be broader than the plan of Treasury Secretary Scott Besent “Dirty 15” to put the customs tariffs on 15 % of the countries that the administration considers the worst commercial partners.

The White House did not immediately respond to a request for comment.

Likewise, the Washington Post On Saturday, Trump was considering a single global tariff as part of an attempt to transfer the American economy mainly.

This means that most imports will face the same rate regardless of the country to which they belong, adding that Trump is looking at one duty less likely to abandon exemptions.

Intensive discussions on Wednesday, which Trump described as “liberation day”, when a batch of the following customs duties is revealed.

Trump has already slapped the definitions of China, Canada, Mexico, steel, aluminum and cars, with duties threatening medicines, chips, wood and the European Union.

Last week, he suggested that some “flexibility” would appear on mutual definitions, and previous reports said that these will be more targeted, which raises hopes at Wall Street that its effect would be less severe.

But after the shares rose, its announcement of the tariff of cars on Wednesday in another sale, which was also fueled by signs that the customs tariff was increasing inflation as well as consumers’ expectations for inflation in the future.

Also on Saturday, Trump stood next to the car tariff, and tells us NBC News They are permanent and that they do not care that they are causing the price of cars to rise.

“I couldn’t care for a lesser extent if they raised prices, because people will start buying US -made cars,” he said. “I couldn’t care less. I hope to raise their prices, because if they did so, people will buy American -made cars. We have a lot.”

Trump later said if prices rise on foreign cars, consumers will buy US cars.

Meanwhile, many large reports this week will reveal the amount of pressure the economy feels from the Trump tariff and the acute federal functions discounts.

On Tuesday, the Institute’s Institute’s Institute’s activity index will be issued for the month of March, and the Ministry of Labor will report and rotate job opportunities in February.

On Wednesday, ADP will issue salary statements in the private sector for the month of March. On Thursday, ISM will publish the monthly activity index for services, and the Ministry of Labor will report weekly unemployment claims.

On Friday, the Ministry of Labor will issue its expected report in March, and the Federal Reserve Chairman is scheduled to speak Jerome Powell.

This story was originally shown on Fortune.com