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 > World News > Trump Tariffs Cause Global Markets Meltdown, Nifty Likely To Tank Further
World News

Trump Tariffs Cause Global Markets Meltdown, Nifty Likely To Tank Further

Last updated: March 3, 2025 7:32 pm
Share
Trump Tariffs Cause Global Markets Meltdown, Nifty Likely To Tank Further
SHARE


New Delhi:

Global stock markets plunged following US President Donald Trump’s announcement that tariffs on Mexico and Canada would be enforced as planned. Trump’s remarks on Monday raised concerns of a trade war in North America, leading to a sharp decline in financial markets. US stocks, Mexican peso, and Canadian dollar all saw drops in value.

Trump confirmed that 25% tariffs on imports from Canada and Mexico would take effect on Tuesday after the 30-day pause on duties expires. Additionally, he stated that tariffs on all Chinese imports would increase to 20% as a response to Beijing’s failure to stop fentanyl shipments to the US.

Trump emphasized the importance of building car plants and other facilities in the United States to avoid tariffs on imports. He dismissed the possibility of a deal to avert tariffs by curbing fentanyl flows into the US.

The tariffs are set to be implemented at 12:01 a.m. EST on Tuesday, with the US Customs and Border Protection agency beginning to collect 25% on Canadian and Mexican goods. Trump has long defended tariffs as a tool to correct trade imbalances and protect US manufacturing.

CEOs and economists warn that Trump’s tariffs on Canada and Mexico, covering over $900 billion in annual US imports, could harm the North American economy.

Responses from Canada, Mexico, and China

Mexico and Canada are preparing responses to the tariffs, with Mexico’s President promising a plan B, C, D. Canadian officials stated their readiness to retaliate, while China is planning countermeasures targeting US agricultural and food products.

See also  Microsoft Worker Sacked After 25 Years Of Service On Birthday, Wife Shares Emotional Post

Market Reaction

US indexes dropped significantly post-Trump’s comments, with the Dow Jones, S&P 500, and Nasdaq Composite all experiencing losses. Asian and Australian markets also saw declines. In India, Nifty is expected to open lower, with concerns over geopolitical tensions and escalating trade disputes.

Automaker shares fell, with GM and Ford experiencing drops. Experts warn of potential price hikes in the automobile sector due to disrupted supply chains and increased vehicle costs.

Trump’s Trade Strategy

Trump has initiated various tariff probes and reciprocal tariff plans to address trade imbalances and barriers. However, critics warn that these aggressive tariff measures could lead to higher inflation and global recession.

TAGGED:globalMarketsmeltdownNiftyTankTariffsTrump
Share This Article
Twitter Email Copy Link Print
Previous Article Julian Lewis shares strong message after receiving prestigious accolade Julian Lewis shares strong message after receiving prestigious accolade
Next Article Productivity and the Worth of Work in Tolstoy’s Anna Karenina Productivity and the Worth of Work in Tolstoy’s Anna Karenina
Leave a comment

Leave a Reply Cancel reply

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

Popular Posts

Memento Vivere—Remembering the Macabre, Yet Magnificent Jewelry of Attilio Codognato

A remarkable new publication titled Memento Vivere is now available, celebrating the exquisite artistic legacy…

September 23, 2025

Met Gala 2025 Red Carpet Photos: The Best Celebrity Looks

The 2025 Met Gala Celebrates Black Style and Tailored Fashion The highly anticipated 2025 Met…

May 5, 2025

Kim Kardashian Courted to Help Find Amy Bradley After Netflix Documentary

Missing Woman's Family Kim Kardashian Urged to Assist in Finding Amy Bradley Published August 6,…

August 6, 2025

Getty Acquires Raymond Pettibon Archive

The Getty recently made a significant announcement regarding the acquisition of the archive of renowned…

March 14, 2025

Manhattan DA Alvin Bragg faces re-election challenge from Republican Maud Maron

Maud Maron, a former Legal Aid attorney, is vying for the Republican Party nomination to…

November 24, 2024

You Might Also Like

Report: Thune Betrays MAGA, Begs Trump Not to Lay Off Government Employees During Shutdown, Wastes Once-in-a-Lifetime Opportunity
Politics

Report: Thune Betrays MAGA, Begs Trump Not to Lay Off Government Employees During Shutdown, Wastes Once-in-a-Lifetime Opportunity

October 10, 2025
Chef hired and adored by George W. Bush deported — twice — after decades-long secret emerges
World News

Chef hired and adored by George W. Bush deported — twice — after decades-long secret emerges

October 10, 2025
President Trump DENIED Nobel Peace Prize Despite Ending EIGHT Wars as Nobel Committee Head Offers an Outrageous Reason for Snub – White House Responds | The Gateway Pundit | by Cullen Linebarger
Politics

President Trump DENIED Nobel Peace Prize Despite Ending EIGHT Wars as Nobel Committee Head Offers an Outrageous Reason for Snub – White House Responds | The Gateway Pundit | by Cullen Linebarger

October 10, 2025
Trump raises China tariffs by 100% and threatens to scrap Xi meeting over export rules
World News

Trump raises China tariffs by 100% and threatens to scrap Xi meeting over export rules

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?