US Stock Exchange Falling for fear of recession
reports Street America, market indicators including Nasdak and S&P 500 negative.
was the most collapse of technology-related trading symbols, and the reason for Trump’s consequences of expanding trade war and tariffing on the entry of goods and cars into the United States has been in the next 7 days.
US President Donald Trump announced last night that tariffs that intend to apply on April 5 will be subject to all countries.
shareholders worry about the US president’s move to hit the country’s economy.
Along with the fall of stock indexes in the US, the stock exchanges between international were also declining in other countries and gold broke their historical price record.
Trump has already increased the tariff for aluminum, steel and a number of Chinese goods, and in the next 7 days all passenger cars and trucks to the United States from all countries will be subject to a 5 % customs tariff.
accordingly Nasdaq fell 4.9 % and the S&P 500 index was negative at 4.9 %; Meanwhile, Tesla’s shares were negative in today’s trading.
