Prices of oil per day has fallen by 7%

President trump one tweet crashed the price of oil and major stock indices.

After the decision of the U.S. Federal reserve to lower interest rates, oil prices on Thursday morning fell by 2%, however, after reports of trump on the introduction from 1 September to 10% duties on Chinese goods worth $ 300 billion oil exchange abruptly collapsed.

Before the close of trading, October futures for Brent crude on the London stock exchange fell by 7.8% to 60,08 $/barrel, while September futures for oil of mark WTI in new York – 8.7% 53,62 to $/barrel.

the stock Exchanges in China and Hong Kong opened with decrease of main indexes, after the trump statements about the introduction of new duties on Chinese goods. The index of Shanghai stock exchange Shanghai Composite fell 1.63% to 2861,33 p., index Shengjinzhike stock exchange Shenzhen Composite 2.18% to 1528,97 p., index, Hong Kong's Hang Seng Index by 2.19% to 26961,23 p.

the Introduction of fees was a response to trump on China's refusal to step up purchases of us agricultural products, which was promised at the meeting of the presidents at the G20. The talks in Shanghai on 30-31 July ended with no results, which led to an increase in the trade war. Trump wants before the election papisto trade agreement with China and to enlist the support of farmers who suffer losses from falling prices for soybeans.