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Trump Tariff: After the tariff announcement of US President Donad Trump, the US stock market also recorded a steep decline on Friday. Wall Street is likely to suffer further losses as China retaliated on this on April 2, after imposing Trump’s reciperoot tariff, has retaliated on this and imposed a 34 percent tariff on the import of American goods. The valuation of S&P 500 companies declined by $ 2.4 trillion.
Indian stock market is also bad
India also saw a decline in NSE Nifty 50 and BSE Sensex as investors are nervous amidst the fears of trade war. There is a lot of discussion on social media. On one hand, Trump’s policies are being criticized, while there is also tremendous response from supporters of ‘Make America Great Again’ (MAGA).
Today was the worst stock market experience in five years. Usually when you have a terrible stock market experience, it’s because a bank fails, a pandemic, a hurricane or because some other country does something. We don’t have these kinds of stock market responses in response to…
— Lawrence H. Summers (@LHSummers) April 4, 2025
Stock market experience the worst
Hillary Clinton and Professor Lawrence H. Summers, who has worked with Hillary Clinton and Barack Obama, said that today the decline in the stock market is probably the worst experience of the last five years. He wrote on X, “Today the experience of the stock market was the worst in the last five years. Usually this happens when a bank becomes bankrupt or an epidemic comes, a storm comes or a country does something. “He said,” The answer to the policies that the US President is proud of, is the answer that we have no such response of the stock market. This is shocking, very dangerous. ”
The longer Trump’s tariffs remain in effect, the more harm will be done to the US economy and the higher consumer prices will rise. I spoke today to the head of a company that manufactures household appliances, who said they’ll definitely have to increase their prices once the…
— Jon Cooper 🇺🇸 (@joncoopertweets) April 4, 2025
John Cooper, former president of Obama’s Long Island Campaign, said, the market is falling further after China’s retaliation on Trump’s declared tariff on Wednesday night. He said that the longer this tariff of Trump remains effective, the more damage to the American economy and the prices of things will also increase.
The reality is that stocks are falling because they were propped up with laundered US taxpayer money through Ukraine and USAID. Trump cut off the “new money” tap and so they fall.
Markets were artificially propped up to make the Biden economy look successful. That is now…
— Bill Mitchell (@mitchellvii) March 31, 2025
Recovery of stock market
However, Trump’s supporter Your Voice Studio CEO Bill Mitchell said that shares are falling because the money of American taxpayers was resorted to in providing financial assistance to other countries. He wrote on X, “The reality is that shares are falling because he was given help from the money of American taxpayers through Ukraine and US Agency for International Development (USAID). Trump cut this tap of ‘New Money’, so they collapsed. In an attempt to show the American Economy better, Biden showed the market an artificial. Now it is improving. People around the world are making a lion of inflation, while this chemotherapy is necessary to protect America from this cancer.
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