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#MarketCrash #TariffWars #ChinaUS #GlobalMarkets #TradeShock
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3 months ago
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#MarketCrash #TariffWars #ChinaUS #GlobalMarkets #TradeShock
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00:00
Markets around the world jolted awake to pain. Wall Street plunged its worst slump since April
00:05
as President Donald Trump threatened sweeping new tariffs on Chinese imports.
00:10
What took us there? Trump's tweet said he's considering a massive increase of tariffs on goods
00:15
from China, disrupting what had been a fragile calm in trade relations.
00:19
The S&P 500 sank around 2.7 percent, the Dow dropped nearly 1.9 percent,
00:24
and the Nasdaq slumped around 3.6 percent. Tech names and global supply chain reliant firms were
00:30
hammered. The threat isn't just symbolic major global players from EU to Asian markets saw ripple
00:34
effects with stocks in Europe and Asia also sliding in response. Why this matters? Because trade is
00:39
the circulatory system of globalization, mess with arteries like supply and tariffs, and the whole
00:46
body, the economy, flinches. Emerging markets, already vulnerable, get squeezed. Corporations
00:51
with tight margins and global chains feel the pain first. Diplomatic tensions will spike.
00:56
Retaliation is never far behind. The US to consumers could see higher prices, supply shortages,
01:03
and geopolitical backlash. This isn't just a market wobble, it's a red flag over global trade architecture.
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