Fears of trade wars cause the sale of US stocks and the Dow Jones index lost 1.33%. Due to declarations of reciprocal duties against the United States, Harley Davidson may take production outside the United States to avoid imposing duties on its products. At the moment the biggest losses in value are experienced by the shares of companies Caterpillar, Boeing, and Intel.
The US Treasury Department plans to strengthen control over Chinese investments in sensitive US industries under the Emergency Act. Stephen Mnuchin voiced the position of the White House that such unilateral measures will be introduced not only against China, but absolutely any country that will try to steal their technologies.
Analysts at Bloomberg estimate the possibility that Instagram in 2018 will cost $100 billion.
