Markets fall as Trump tariffs turmoil deepens | DW News
Major stock indexes plunged on Monday as US President Donald Trump showed no sign of backing away from his sweeping tariff plans. It started in Asia, where Hong Kong’s Hang Seng has been among the hardest hit, falling 12 percent. We’ve also seen slides in Taiwan, Japan, China, India and South Korea. It’s been a similar story in Europe, where Germany’s DAX dropped around 10 percent at the start of trading.
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#Trump #tariffs #stockmarket
47 Comments
The "Business-President" tanking the global economy… 🙄
There's no "averting" a trade war 🤷🏻♀️
Trump already declared the war
A new leader already emerged. Just adjust yourself to to the environment. The US oligarchs have exploited the world as well as their own country. The world needs new adjustment. It’s a better way. Welcome to a new multipolar world. What happens only time will tell.
Remember when Hilary Clinton said some of the manufacturing jobs may never come back no matter what we do. People got mad. They didn’t like it and didn’t want to hear it. They rather you tell them things that would make them feel good rather than hearing the truth.
He sounds like Il pittore from Austria !!!
Two words “shareholder value” killed U.S. manufacturing.
Repatriate Nike factory to the US from Vietnam and Cambodgia, or Iphone manufacturing to the US pay 17$ and hour, not 2$. Pay 120$ for sneakers not 50$, 3k$ for a phone, not 1,5k$. Btw, those are all US based companies that make a fortune paying less for labour in Vietnam and China!
Equal pay for equal work! Time the US pays the bill!
Europe was talking big last Week. Remember they said they don't need America. Now look at them. 😂😂😂😂
Also, I assume the plunge was deliberate. Shall be investigated and if turns out US did sell overvalued stocks or generated thenplunge on purpose, part of the 5tr $ loss shall be covered to all, non US investors! By US government!
Elon Musk is thinking about himself.
The tariff plan is NOT economic or trade policy; it's an insidious political weapon. As he purposely crashes our economy (a la Great Depression), he coerces grovelling and loyalty from all American entities; he's already doing this w law firms and universities. EVERYTHING HE DOES IS IN SERVICE OF STAYING IN POWER. Understand the narcissistic sociopath.
Trump doesn't want equal and fair trade. He wants to own the world.
I think Trump is trying to provoke China to start a war between Taiwan and China. China's economy is in trouble now, and if this happens, China will hit Taiwan and aim for money from the war. Then the United States will also participate in the war, and if that happens, factories in the United States will be fully operational because of the supply of war supplies. The war also eliminated China, so the United States is trying to eliminate China, which has a lot of technological competitiveness, and the United States is trying to become the strongest country.
If u depend on anything 100% so you can not survive too long so do own currency and do it by de dollarization
globalism taking a hit.
Weimar inflation!
dah!!!!!!
Haha, who's your daddy?
While media can certainly contribute to a climate of fear, it's difficult to definitively say if they are solely "fear-mongering" a market crash, as market fluctuations are complex and influenced by various economic factors.
Here's a breakdown of the situation:
Media's Role:
Amplification of Negative News: The media often focuses on negative news, which can understandably lead to a perception of impending doom, especially during economic downturns.
Emotional Impact: News outlets often use sensational headlines and stories to grab attention, which can amplify emotional responses, including fear, among investors.
"Fear-Mongering" Defined: Some argue that media outlets intentionally exaggerate negative news to increase viewership or readership, which can be considered "fear-mongering".
October 29th, 1929
Xi is the reason chinas economy is the way it is he is horrible at managing a economy china is the example of what not to do trump loves to negotiate and that’s what all this means room for a deal and how can Japan say that when it has no or very few American cars and we have a lot of Japanese cars
Even if Trump apologizes and reverses the thing, it's too late. He's created an atmosphere where nobody knows what to expect next. Business people like predictability. That's gone as long as Trump is around. Once you find out that you can't trust someone, you will never trust them again. That's my take on it.
Trump literally said 'lower your tarrifs'. How hard is that to understand?
A crisis that could be easily avoided but cannot because someone does not understand economics
A 🤡 at White House
One against many – we should push our luck 🙂
How is it even possible that one orange man and half of America managed to ruin the world? Slapping tariffs on everything, watching prices soar, and somehow thinking it’s a genius move to isolate the country from everyone else. But hey, who needs global stability when you've got a trade war to ‘win’?
I don't think Trump really cares about getting other countries to reduce their tariffs. That talking point is just a secondary consideration for him. Primarily, he wants tariffs to increase US tax revenue and create a more protectionist environment for US companies. EU leaders can try to negotiate, but I do not think they should view this as a push for global free trade. Just the opposite, this represents a desire by Trump to implement a more protectionist economic policy for the US.
US is unreliable now
Lmfao wont be global just americans if anything all trades between all countries are gunna stay same i bet and everyone is just gunna boycott american products that means they gunna have detroy there country for resorces lmfao goodbye to all there nation parks
Just stop all trades in and out of america and add russia back into the trades
EU lose economic war already))
Your media sell info bubble to you))
I think long term it would be better for Europa to move on from the usa and find New trade Partner and invest in Europa instead of the usa. We dint need to spend as much on defence as the usa do because we just want to defend us and not dominate the world.
Keep up the good work Trump!
Obviously
europe needs to act not just pledge trump will not budge and they should have retaliated by now. canada and china appear to be the only ones with stones but europe will get scuttled if they don't commit to a retaliation and lock it in
Why would a company move their production plants to a country that is being destroyed by a manic president?
Even if we ignore the market instability they've caused, The US has threatened the sovereignty of Canada, Panama, and Denmark. That cannot simply be forgotten or ignored. They have many amazing individuals, but as a country they have proven themselves unstable, untrustworthy, and lacking integrity as partners. We need to give them the chance to come back from that, but make no mistake that they made the error, they've lost their integrity, they need to make the moves to regain the world's trust, NOT the other way around. We need to focus on increasing cooperation with those of us who actually are reliable. EU, CANZUK, Japan, Korea in particular need to get closer.
I love to see the leftoid journalists desperate to downplay DJT. It’s very entertaining.
America’s gonna have a taste of their own medicine soon🤡🤡🤡
Omg he said the thing!
DEY TUUK RRR JEEERRRRBS!!!
cant trade with criminals
Does anyone genuinely believe any negotiation results or deals struck with Trump? It can change overnight and he can leave any signed treaty anytime. It has happened before
I really want that my country Japan becomes independent of America.
Imagine printing money and complaining that others ripped you off
It's someone that knows her. How would they get her name and number out in public?
I honestly knew that once markets really grasps that Trump is serious about tariffs, it’s going to hit hard. If the US cuts itself off from global trade, that isolationism is going to send shockwaves