07.04.2025 16:40
Global economic history is experiencing significant developments. Following the United States' decision to impose an additional 25% tax on imported goods, the money markets nearly collapsed, and the impact on the stock markets was severe. The U.S. stock market opened with a crash, and within the first few minutes, the decline reached 5%.
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The global economy is experiencing significant developments. Following the United States' decision to impose an additional 25% tax on imported goods, the money markets have nearly collapsed, and the impact on the stock markets has been severe. The US stock market opened with a crash.
After Trump's decision to implement additional tariffs, a wave of selling began in the stocks. In the first minutes of the opening, the Dow Jones index opened down -3.26.
The losses in the initial opening were as follows:
NYS -3.18
DJI -3.15
Meanwhile, Donald Trump once again defended his decision on additional taxes. Despite the massive collapse, Trump's defense sparked new debates.
"I WAS ELECTED FOR THIS"
As the new week began with a negative reaction from the markets, Trump continued to defend the taxes that will come into effect on April 9. Trump, who claimed he was elected on the promise of additional tariffs, specifically targeted China and stated that Beijing needs to address its trade deficit. Trump said, "I will not make a deal until we solve this problem. China is taking a big hit because everyone knows we are right."
Donald Trump, who said, "I can't predict what will happen to the markets," argued that the country's economy is much stronger.
QUESTION ABOUT "CONSUMERS IN THE US ARE ALSO AFFECTED" ANGERED HIM
Trump also reacted to a journalist's question about whether consumers in the US are affected by the taxes. "I think this question is very stupid," Trump said, "I don't want anything to fall. But sometimes you need to take medicine to fix something."
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