The stock market in the United States is drowned after the wild fluctuations on Trump’s tariff plans Financial markets

Photo of author

By [email protected]


The US President threatens an additional 50 percent tariff for China, as Beijing undertakes to combat predecessor trade “to the end.”

American stocks are mostly closed less after a day of wild fluctuations in the market, as investors are scrambling to understand the US President Donald Trump’s tariff plans.

The S& P500 S & P500 and Dow Jones Industrial Index fell on Monday 0.23 percent and 0.91 percent, respectively, as they got a third wallet day of losses.

The NASDAQ technology complex has finished slightly, increasing by 0.099 percent.

DIP followed a day of volatile trading, with unfounded reports that Trump was considering a 90 -day stoppage to the customs tariff that was briefly sent to S&P 500 by more than 7 percent.

The index soon kept its gains after the White House rejected the report, which was captured by a number of media after it was circulated to social media, as “fake news”.

American stock futures – which are traded outside the usual market hours – indicate a possible decrease in the loss chain on Tuesday, with contracts linked to the S&P500 and NASDAQ by 0.98 percent and 1.02 percent, respectively.

After following the previous Wall Street losses, some Asian markets opened on Tuesday.

The Japanese Nikkei 225 raised standard 225 per cent in early trading.

Hong Cong has gained more than 2.3 percent, after she got the largest diving since the 1997 Asian financial crisis in the previous session.

South Korea KOSPI and ASX200 in Australia gained about 1.5 percent.

However, stocks opened in Indonesia, Taiwan and Vietnam sharply.

Despite the disturbances in the market and expressions of anxiety by senior business leaders, Trump indicated on Monday that his commercial war could escalate.

In a post on his platform, Trump said he would slap an additional tariff of 50 percent on China from Thursday if it does not get rid of its 34 percent monotheistic duty on US imports.

“In addition, all conversations with China will be completed on its required meetings with us!” Trump said.

Speaking at the White House at a later time, Trump said that the European Union’s proposal

On Tuesday, the China Ministry of Commerce responded to the most recent threat to Trump’s introductory, describing it as a “mistake in the lead.”

“China will never accept this,” said a ministry spokesman.

“If the United States insists on going in its own way, China will fight it to the end,”

The American customs authorities began to impose a 10 percent basic tariff on imports on Sunday, with more severe duties ranging from 11 percent and 50 percent to come into effect against dozens of countries on Wednesday.

China, the main strategic competition of the United States and its third largest commercial partner, faces a 34 percent tariff.

Many American allies are also preparing to strike their export markets, as the European Union, Japan and South Korea face duties between 20 and 25 percent.



https://www.aljazeera.com/wp-content/uploads/2025/04/AP25097584535856-1744072341_2d9eb2-1744072711.jpg?resize=1200%2C630&quality=80

Source link

Leave a Comment