By Admin 
Trump Tariff: Due to the tariff war of US President Donald Trump, many big stock markets around the world have declined and this has caused a loss of over 10 trillion dollars. According to a report by Bloombloomberg, this deficit was more than half of the GDP (GDP) of the European Union.
Stunning in global market
As soon as Trump announced the reciperook tariff last week, there was a stir in the global market. Due to the fears of recession and trade war, there was a lot of ups and downs in stock, bonds and commodities. However, Trump’s announcement of tariff’s announcement saw the most impact on the US stock market. The S&P 500 index declined by 4-4 percent three times in a row and this happened for the first time in almost a century.
It was the worst performance ever since the end of World War II. This situation was largely similar to the 1987 Black Mande, when the Dow Jones Industrial Average declined by 22.6 percent. This was the biggest decline in a day. During that time Dow Jones fell 508 points to close at 1738.74. This was the biggest decline of the American stock market so far.
They suffered the most
According to a report by L. Paes, a Spain -based newspaper, the loss to the stock market following the announcement of Trump’s tariff was more than the 2020 Kovid epidemic, the bankruptcy of Lehman Brothers or the loss of 1998. Although this was also seen in the Indian stock market, Asian stock market, but Wall Street suffered the most. The most brunt of this, Apple, Google, Nvidia, Meta, Amazon, Microsoft and Tesla had to suffer, also known as magnificent intake.
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