Donald Trump’s comprehensive tariff ignites a 2.5 trillion defeat in Wall Street

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Donald Trump defended his comprehensive definitions after the recent US President’s offer to reshape the global economic system that has been eliminated by about $ 2.5 trillion of market value in Wall Street shares.

The president said Thursday evening that he “expected” his education plans Definitions To the highest level in more than a century, it would start in the financial markets, adding that “the economy had a lot of problems … it was sick sick.”

He said that his definitions will enter into a “prosperous economy” even with its announcement the previous day of the 10 percent international fees, and the high definitions shakes the investor confidence.

S&P 500 fell by 4.8 percent on Thursday, as the market value of the blue slide index reduced by 2.48 tennis, according to the Financial Times accounts based on FactSet data. The heavy nasdaq compound in technology has decreased by 6 percent in its worst day since the Coronverus 2020 virus crisis.

The US dollar decreased by 1.6 percent against its rival basket.

“The collapse is the loss of confidence in the assets offered in dollars in general,” said Francesco Bezol, a currency strategic expert in Inge. “It is a 100 -day vote on Trump.”

Economists also expected that the new duties will enlarge inflation and reach growth. American banks have sank on recession fears, with the 9.9 percent KBW index in the sector.

It was more than 300 billion dollars The market value of Apple has been eliminated With shares in the world’s most valuable companies decreased by 9.3 percent, as investors themselves regain the effect of Trump’s tariff on Asian manufacturing centers for the iPhone. The worst market ceiling was the worst in Apple.

Brent crude, global oil standard, Be below 6.7 percent at $ 69.94 a barrel.

“Markets “They were very satisfied, and now they go to the spiral situation to trade towards the recession so that they have a possible reason to stop,” said Robert Tib, the head of the global bonds at PGIM.

Investors rushed to US Treasury bonds, a haven in moments of market turmoil. The shorter bonds have been the largest beneficiaries, with the largest movements for two years and three years since August 2024.

Luxor -numbers bonds move with interest rate expectations and Thursday’s rise in revenue indicates that investors are betting on more price cuts from the federal reserve. Reverse the price.

“There was a huge journey to quality in the cabinet,” said Matthew Scott, head of the basic fixed income and multi -income department at Alliassebernstein.

These moves came after Trump announced on Wednesday to impose 10 percent on almost all US imports as of April 5, and “mutual” definitions of up to 50 percent of April 9 on dozens of countries.

The fees on Chinese exports may rise to more than 60 percent after the US President added 34 percent of customs duties to duties previously imposed.

Analysts said that measures may reduce the growth of GDP in China this year and push the world’s second largest economy to shift from manufacturing to export towards local consumption.

The Chinese Ministry of Commerce said on Thursday that Beijing “will be taken firmly against anti -protective measures to protect its rights and interests.” The Ministry of Foreign Affairs added: “It is clear that more and more countries have reached the face of the high tariffs of the United States and bullying movements unilaterally,” the Ministry of Foreign Affairs added.

Trump has argued that his duties would help restore American manufacturing, encourage investment, prevent other countries from “tearing the United States” and providing trillion dollars from revenues to financing tax cuts.

But there are signs of stress in the United States. Stellantis said he would do so The leave is 900 workers In five factories in the United States as a result of a temporary production of production in Canada and Mexico in response to a separate tariff imposed by Trump by 25 percent on foreign car imports.

Consumer groups, including the Nike and Electronics Best Buy, were among the worst, as fears of how the latest tariffs affect the already dark feelings between American families and the potential damage to supply chains.

Washington’s traditional allies responded to the collapse of what they described as an economic hostility, as French President Emmanuel Macron urged European companies to stop investing in the United States.

“What is the message of making the main European actors invested billions of euros in the American economy at a time when they hit us?” He said, adding that “nothing is excluded” in terms of revenge.

In contrast, the UK Prime Minister Sir Kerr Starmer told business leaders on Thursday that it would double the efforts made to secure a trade agreement with the United States after the failure of early negotiations to prevent Trump from slapping a 10 percent tariff on all British exports.

Macron Prime Minister Francois Payro said that Trump’s move was “a disaster for the global economy … (and) a disaster for the United States and American citizens.”

She participated in the reports of Kate Duguid, Harright Klifelt and George Stir in New York, Steve Chavez in Washington Ian Smith in London