📉 $6 Trillion Lost After Trump’s New Tariffs
President Donald Trump’s latest trade tariffs have sent global markets into turmoil, causing a $6 trillion loss in investor capital within just two days, according to international media reports.
The announcement, which includes retaliatory tariffs on dozens of countries, including Pakistan, triggered one of the worst market crashes in the past five years.
📊 Market Reactions
The impact on major stock indices was swift and severe:
-
Dow Jones: down 5%
-
S&P 500: down 4.6%
-
NASDAQ: down 4.7%
European and Asian markets also suffered:
-
FTSE 100 (London): fell by 5%
-
DAX (Germany): dropped 4%
-
Nikkei (Japan): declined 2.8%
⛽ Oil Prices Hit 4-Year Low
Fears of an expanding trade war sent oil prices plunging by 8%, reaching their lowest level in four years. Analysts warn that prolonged tariff conflicts could push the global economy closer to recession.
🌐 Global Trade Shifts Expected
As U.S. tariffs tighten, Chinese goods are now expected to increasingly shift toward European markets, potentially altering global trade flows.
🗣️ Trump’s Statement
President Trump stated that these tariffs were necessary to protect American interests and rebalance trade, but economists warn that the real impact is massive global uncertainty and economic loss.
