By Admin 
Amreki President Donald Trump had a direct impact of tariffs on the countries around the world, where there was a tremendous development on Thursday. With this decision of Trump, the threat of trade war and economic recession crisis is now looming. This was the worst impact on the American stock markets itself. Amidst concerns in the global finance market, this is the first time after Kovid-19 when this is the condition of the Amreki stock market.
While the S&P 500 index fell around 4.8%, which is such a big fall in a day after June 2020. Due to this decline, the market has suffered a loss of about $ 2.4 trillion i.e. 200 million crores.
Apart from this, the Dow Jones Industrial Average and Nasdak Composite was also seen the same Girwat, which was seen in 2020 during the Korona epidemic. Dow Jones Industrial Average declined by 4% 1679 points and Nasdaq Composite by 6%.
After the tariff, the wall street was seen staggering amidst the possibility of weak economic speed and inflation. Until other currency against the US dollar with big tech companies and crude oil, all continued to decline. According to the Associated Press, however, the price of gold increased and investors found it best to invest in it.
However, it was definitely that global investors were fully aware of Trump’s announcement of reciperochl tariff. Therefore, it showed a clear impact on the health of the S&P 500 index and it recorded a record 10% decline.
Chief Investment Officer Mary Ann Bartals in Century Wealth said that it is worth noting that despite these conditions, the US President has shocked the tariff to create a serious situation. Trump has imposed a tariff of at least 10% on all countries of the world on imported goods in America. Whereas, these tariff rates are very high for many other countries including China, European Union, India and Cambodia.
Also read: Former RBI Governor Raghuram Rajan’s big prediction on Trump’s tariff, said- US scored self goal