Man Utd, Livepool and Arsenal can lose billions of euros after Donald Trump's announcement

Man Utd, Livepool and Arsenal can lose billions of euros after Donald Trump's announcement

The owners of Manchester United, Livepool and Arsenal could lose billions of euros after President Donald Trump's recent announcement. Trump announced on Wednesday a series of mutual tariffs to countries worldwide, in what he described as the Day of Deliverance. The White House had reasoned that Trump is willing to reduce the gap [...]

Trump announced on Wednesday a series of mutual tariffs to countries worldwide, in what he described as the Day of Deliverance.

The White House had reasoned that Trump is willing to reduce the gap between the value of goods the American state buys from other countries and the value of those selling them.

However, this policy was followed by criticism, not only for the nature of tariffs but also for the estimates made by the White House.

And world stock markets have not reacted well, with American stock exchange index Dow Jones falling to the lowest level in the last eight months Sunday.

The Telegraph reported that the FTSE 100 C.E.

United, Liverpool and Arsenal are all owned by American businessmen or American businesses.

The Boston-based Fenway Sports Group owns Liverpool, while the world-based Croenke Sports in Denver has full control of Arsenal.

And Manchester United, of course, most of the shares are owned by the Glazer family, whose company operates in New York.

Bloomberg has reported that according to the Millennium Index, the world's 500 richest persons have registered the largest losses in the last two days because of Trump tariffs.

It has been reported that milarders on the list of richest persons have lost 485 billion euros since the opening of stock markets Thursday, Telegrafi writes, broadcast. Periscope.

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