Friday, 10 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Global stock markets tumble as Donald Trump’s tariffs loom
Economy

Global stock markets tumble as Donald Trump’s tariffs loom

Last updated: March 30, 2025 11:57 pm
Share
Global stock markets tumble as Donald Trump’s tariffs loom
SHARE

Global markets took a hit on Monday as fears of an escalated trade war loomed ahead of Donald Trump’s anticipated announcement of additional tariffs. The news sent Japanese, Taiwanese, South Korean, and Hong Kong stocks plunging, along with US futures, continuing a downward trend that began the previous week.

President Trump hinted at imposing reciprocal tariffs on all countries, stating, “You’d start with all countries, so let’s see what happens.” He specifically called out Asia for its trade practices, emphasizing that the region has not been fair to the US.

The repercussions were significant as Japan’s Topix index plummeted by 3.3%, while the Nikkei 225, which is export-focused, saw a 3.9% decline. Taiwan’s Taiex dropped by 4.2%, South Korea’s Kospi fell by 3%, and Hong Kong’s Hang Seng retreated by 1.6%. Futures markets in the US and Europe also pointed towards further declines, with the Nasdaq 100 and S&P 500 contracts down by 1.1% and 0.6% respectively.

Chipmakers in the region bore the brunt of the losses, with Taiwan Semiconductor Manufacturing Company and Samsung Electronics experiencing drops of 4.4% and 3.5% respectively. Japan’s Disco, a toolmaker for chip production, saw a decline of over 8%.

Gold prices soared to a record high of $3,098 per troy ounce, while US Treasury yields decreased, indicating a shift towards safe-haven assets. The 10-year US Treasury yield dropped by 0.06 percentage points to 4.2%.

Investors were on edge, waiting for the formal announcement of tariffs, leading to a sell-off and a flight to safety. Wei Li, head of multi-asset investments at BNP Paribas in China, commented, “This tariff announcement has affected the whole market sentiment.”

See also  Logan Paul Timeline, From 6 Seconds of Fame to Global Superstardom!

President Trump has dubbed April 2 as “liberation day” for the US economy, but his plans to impose reciprocal tariffs on countries with perceived unfair trade practices have rattled investors. The yen strengthened by 0.6% against the dollar, reaching ¥149, while South Korea’s won remained steady. The dollar also edged down by 0.2% against a basket of major currencies.

The market jitters in Asia followed a downturn in the US on Friday, where the S&P 500 fell by 2% and the Nasdaq Composite dropped by 2.7%. Concerns over stagflation were heightened by gloomy economic and consumer sentiment data.

As the global economy braces for the impact of potential tariffs, investors remain cautious, navigating through uncertain waters in the volatile market landscape. Cryptocurrency has taken the world by storm in recent years, with more and more people turning to digital currencies as a means of investment and transactions. One of the most popular cryptocurrencies on the market is Bitcoin, which was created in 2009 by an unknown person or group of people using the pseudonym Satoshi Nakamoto.

Bitcoin is a decentralized digital currency that operates without a central authority or government. Instead, transactions are verified by network nodes through cryptography and recorded on a public ledger called a blockchain. This means that Bitcoin transactions are secure, transparent, and cannot be altered once they are confirmed.

One of the key features of Bitcoin is its limited supply. There will only ever be 21 million Bitcoins in existence, which helps to create scarcity and drive up the value of the currency. This scarcity is also what sets Bitcoin apart from traditional fiat currencies, which can be printed endlessly by central banks.

See also  Dow and S&P 500 Snap 9-Day Win Streaks

Bitcoin can be used for a wide range of transactions, from buying goods and services online to investing in other cryptocurrencies or even real estate. Many businesses now accept Bitcoin as a form of payment, and there are also Bitcoin ATMs where users can convert their digital currency into cash.

Investing in Bitcoin can be a risky venture, as the price of the currency is highly volatile and can fluctuate dramatically in a short period of time. However, many people see Bitcoin as a long-term investment opportunity, with the potential for significant returns as the value of the currency continues to rise.

Despite its popularity, Bitcoin has also faced criticism and skepticism from some quarters. Critics argue that Bitcoin is a speculative bubble that could burst at any moment, while others point to its use in illegal activities such as money laundering and drug trafficking.

Overall, Bitcoin has revolutionized the world of finance and has the potential to change the way we think about money and transactions. Whether you’re a seasoned investor or just curious about the world of cryptocurrency, Bitcoin is definitely worth keeping an eye on in the years to come.

TAGGED:DonaldgloballoomMarketsStockTariffsTrumpstumble
Share This Article
Twitter Email Copy Link Print
Previous Article Congress is searching for trillions of dollars in cuts. Will the oil industry’s tax breaks skate by? Congress is searching for trillions of dollars in cuts. Will the oil industry’s tax breaks skate by?
Next Article Watchdog senator mum on controversial HHS vaccine-autism study Watchdog senator mum on controversial HHS vaccine-autism study
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Dak Prescott Begins Construction on New Texas Mansion

Dak Prescott Rebuilding In Texas ... Construction on New Mansion Begins Published June 3, 2025…

June 3, 2025

Kelly Clarkson Brings Daughter Onstage to Sing at Vegas Residency

Kelly Clarkson Meet Your Next Music Idol, America My Daughter, River Rose!!! Published July 19,…

July 19, 2025

Adapting to Climate Change: The 2025 Update

Climate change is a pressing issue that continues to impact our planet. As the atmospheric…

April 15, 2025

How Many Butts? Estimating Your Cigarette Waste Cleanup Impact

By turning cigarette butt cleanup into a fun challenge, you can motivate yourself and others…

March 10, 2025

Netflix Content Chief Bela Bajaria on Emmys’ ‘Squid Game’ Snub

Netflix's "Squid Game" Season 2 Snubbed at Emmy Nominations When it comes to the recent…

July 15, 2025

You Might Also Like

Trump’s Mass Firing Of Federal Workers Immediately Blows Up In His Face

October 10, 2025
When Godzilla Breaks Windows
Economy

When Godzilla Breaks Windows

October 10, 2025
Peter Schiff Describes Bitcoin’s Jump Over 6,000 As ‘Bear Market Rally’: ‘Too Early For Bitcoiners To Get Excited…’
Economy

Peter Schiff Describes Bitcoin’s Jump Over $126,000 As ‘Bear Market Rally’: ‘Too Early For Bitcoiners To Get Excited…’

October 10, 2025
Veteran analyst drops sharp take on GTA 6 hype
Economy

Veteran analyst drops sharp take on GTA 6 hype

October 10, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?