Us stock market down: US President Donald Trump’s tariff wise is out of the world. Trump’s tariff has shocked the American market itself. Donald Trump’s tariff policy has once again deepened the possibility of recession in America. The US stock market was exposed to the tariff decision of 2 April. There was a huge decline in the US stock market. The Korona period of the American market was done. On seeing this, $ 2.4 trillion i.e. 20,47,36,56,00,00,000 rupees were destroyed.
Yes, the benchmark index of Wall Street closed with the biggest percentage loss in the same day since 2020. After the tariff of US President Donald Trump has been imposed, there has been a possibility of trade war and global economic recession. US President Donald Trump’s Tuff Tarip has stirred up the world. There is an outcry from China-Pakistan to poor Asian countries.
According to news agency Reuters, due to the announcement of tariffs, the major stock markets of America recorded the biggest decline of one day since 2020 on Thursday. At the same time, the dollar has also declined. Dow, S&P 500 and Nasdaq Composite, all recorded the biggest decline of one day since 2020. When the Kovid-19 epidemic started in 2020, there was a huge decline in the financial markets.
Whose money drowned
Actually, investors have withdrawn money from the stock markets and started investing in places to be considered safe like bonds and yen. The stock market price of S&P 500 companies declined by $ 2.4 trillion. This means that the shares of S&P 500 companies got $ 2.4 trillion (Rs 20,47,56,00,00,000). This is the biggest disadvantage of one day since the Corona virus epidemic on 16 March 2020.
The biggest decline in the market after 5 years
The Nasdaq Composite Index on Wall Street was the biggest decline. It fell 5.97% in day trading, which is its biggest decline in one day since March 2020. S&P 500 and Dow Jones Industrial Average recorded the biggest decline in one day since June 2020.
Why stir in the world
In fact, traders have been nervous due to new tariffs of 10% imposed on imported goods and counter -tariffs on dozens of countries. Trump says that there are trade obstacles in these countries. Investors are afraid that the completely dispute over business can cause a major decline in the world’s economy and can increase inflation. The US has imposed new tariffs at a time when the world’s economy has not emerged from inflation after Korona epidemic and is facing geopolitical tension.