The Ibex yields almost 2% and loses the 9,000 after the US tariffs on Mexico

In case some chaos was missing, now it's Mexico's turn. The US president announced this morning tariffs of 5% (and that could climb up to 25%) on all Mexican goods from June 10. This measure seeks to pressure Mexico to stop immigration and assumes that the NAFTA agreement (USA, Canada and Mexico) is shaking. The European indices fell by 1% and 2% (Ibex: -2%, Cac: -1.4%, Dax: -1.7%, Ftse Mib: -1.5%, Ftse 100: -1), and the Ibex loses 9,000 points (now it has no support until 8,940).The fact that Trump had managed at the time to renegotiate and close the NAFTA agreement gave hope to many in order to reach an agreement with China. Now the uncertainty reaches unsuspected heights.