Will it get worse? US and world markets are in crisis due to Trump's actions
Kyiv • UNN
Due to Trump's tariffs and the trade war, the situation in the markets is deteriorating. US stocks are falling, and Asian markets are suffering from their worst week since the pandemic.
Due to the introduction by the administration of US President Donald Trump of customs duties and, in fact, a "trade war" with almost the entire world, the situation on the markets may worsen. This is reported by the Financial Times, reports UNN.
Details
According to the publication, the heads of some investment funds, as well as banks, are concerned that the situation may worsen significantly. In addition to instability in the markets, there is also a collapse of US stocks, the publication says.
It is also noted that shares in some Asian countries are falling amid the worst week for Wall Street stocks since the Covid-19 pandemic. In particular, we are talking about shares in Japan, China and Hong Kong.
The entire financial world is waiting for a change of course from Trump. If this does not happen, the markets will remain in a state of collapse, and stocks will continue to suffer
Supplement
Shares of Tesla Inc. on Monday, April 7, continued to fall. Despite the forecasts of US Treasury Secretary Howard Lutnick, shares fell by more than 10% to $214.80.
