US markets sharp decline after Trump delays tariffs
US markets sharp decline
The United State (US) President Donald Trump’s decision to delay the implementation of tariffs for 90 days resulted in a sharp decline in all US markets On Thusrsday.
This morning, according to US time, the US President caused a stir by making a statement to postpone tariffs. American investors had to bear losses of millions of dollars due to a sharp decline in all stock markets that opened in the morning.
The US President had said that his policies would not change and the president, who made a statement of being complacent, lost millions of dollars in the stock markets. American investors have complained to their own president, asking who will compensate them for the losses they suffered from the imposition of tariffs.
Speaking to the American broadcaster, Professor Cathie Yuan of the London School of Economics said that this is the first time we have seen a simultaneous loss in the US Treasury and the stock market.
He further said that the most pronounced decline in the US economy was seen during the Corona era, which cannot be ignored at all in the current situation.
Speaking to media, an American economic analyst said that when you affect global relations, foreign investors withdraw money from the market. In the current situation, foreign investors are forced to withdraw money from the market.
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