Trump’s tariff policy causes global market recession! Wall Street panics as stocks sell off

Trump’s tariff policy causes global market recession! Wall Street panics as stocks sell off

Donald Trump has been taking one big decision after another since taking office in America. Of course, one of them is the message of imposing high tariffs on various countries.

Will Trump’s comments on tariffs and reciprocal tariffs have a direct impact on the global market this time? At least, the events of Tuesday, the second day of the week, suggest so.

According to the All India News Agency, after US President Donald Trump dismissed the idea that the imposition of tariffs by the world’s largest economy could lead to a recession on Monday, the incident came to light on a large scale. After Trump’s statement, the sale of stocks in America has started on a large scale. Investors are selling stocks in a hurry.

Trump said that the US economy is actually passing through a period of infection. Informed sources believe that it may reduce consumer demand and corporate investment.

The US stock market has fallen sharply on Trump’s tariff policies and comments. Major indices such as the Dow Jones, S&P 500 and Nasdaq have fallen significantly. This is the first time since 2022 that the Nasdaq has fallen. The S&P 500 has fallen 8 percent from its February high.

Tesla’s share price fell 15.4%, while AI chip giant Nvidia fell more than 5%. Other tech giants including Meta, Amazon and Alphabet also saw sharp declines.

Japan’s Nikkei 225 fell 2.5 percent, South Korea’s Kospi 2.3 percent and Australia’s S&P/ASX 200 fell 1.8 percent on Tuesday morning. Informed sources believe that the Indian stock market may also fall on Tuesday due to a massive sell-off in Asian markets after Wall Street’s overnight decline.

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