The shares of the Wall Street companies that are shaken by the new US tariff system

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Donald Trump’s customs tariff system made the strongest investment groups in Wall Street, which only expected many months ago that the President’s policies would strengthen the golden age of economic growth and its delicacies.

The shares in some of the largest private capital groups in the world have decreased including Apollo Global Management and KKR by more than 12 percent on Thursday, while BlackStone fell about 10 percent. Credit -focused companies, including Ares Management and Blue Owl, have also suffered, where investors have reduced growth expectations, and some deals makers said that the virtual prices on low -class loans may continue to rise.

The legions of American financiers believed that the president would enter a business -friendly period free of organizational obstacles. Stock prices Of the financial groups, it was inflated in the period before the election of Trump, but it has fallen since December as the reality of the incoming management Tariffs The shares of some companies – KKR and ARS – have decreased more than 30 percent of the last high levels.

“This is a big step for globalization,” said Robert Quinengsburger, founder of Gramercy Funds Management, an investment company that focuses on emerging markets. “It is materially increases the risk of stagnation and increases the risk of stagnation.”

Trump’s latest tariff It includes a 10 % global tax on the imports of all countries, including the United Kingdom, and the rate of 20 percent of the European Union. The White House also targeted some countries such as China and Vietnam at much higher rates.

“He could be a man with some exaggeration in the market, so the market had a false feeling of comfort and did not believe that it would be aggressive as it was in the end,” said Stefan Celig, the position of former Minister of Commerce and former Vice President of Global Investment at Bank of America. “We are entering a world in which there is now greater uncertainty than we have seen since the end of World War II.”

It made at least one investor safe in the blood basin on Thursday: billionaire Warren Buffett. The shares of its sprawling industrial masses have been changed to a little Berkshire Hathaway. The investor significantly reduced his exposure to American stocks circulating last year, including Apple, as he invested in his instead of short -term treasury bills.

Others were less fortunate.

Bill AkmanThe founder of the hedge Fund Perchang Square announced Trump that he is leading the most “pro -growth” and “pro -business” administration in modern memory and expressed the rise on the markets with the president’s return to office.

Now, the Ackman portfolio, which recorded this year’s gains more than 10 percent by mid -February, has become negative because some of its largest holdings, such as calling options on Nike sportswear maker, have decreased their value. Stocks in the company to retreat More than 14 percent of the concern tariffs will reach the final result due to fees of more than 40 percent against Southeast Asian manufacturing countries, including Vietnam, where they have major production centers.

As of Monday, Pershing Square lost 1.2 percent for this year, based on the company’s public disclosure. He reported the absence of hedge situations. Pershing Square did not respond to the comment.

The share around Wall Street and American companies reflects a sour mood in the world of private capital, as senior executives of the industry warned of a great slowdown in concluding deals, and some informed the Financial Times that they were preparing emergency plans for stagnation that hit their department companies.

The level of uncertainty, which many foretold will lead to a distance from buyers and sellers from deals. That will reach profits Private property rights The groups, which have struggled for years to sell investments and return profits to investors. Senior executives in the industry, including Blackston President Jonathan Gray, and CEO of Carlisel Harvey Schwartz, have entered optimistic deals, and they will allow them to preliminary public offers to restore criticism in 2025, but the recovery has failed to achieve this.

“This is just a function of concerns about 2025 now worse than expected,” said Jim Terney, chief investment official at Alliancebernstein. “This usually has a meaningful profit effect.”

Some of the industry executives also warned that the recession of the last market caused the rise in unlikely assets as a percentage of the total portfolios of large pensions, which creates new risks that it will reduce special exposure to balance. Last year, the private donation collection was 23 percent.

Meanwhile, bank stocks also suffered. Goldman Sachs decreased to nearly 9 percent, while JPMorgan Chase shares decreased by more than 7 percent, as investment banks are expected to decrease with slowdown.

Celig said: “What we know now is certainly that when Trump says that the tariff is the best word in the dictionary, he really thinks it,” Celig said.