Worst Crash after Pandemic Trump’s Tariff has made everyone worried
Worst crash- Despite what Trump say’s you are going to be so proud of your country You’re going to be so proud of your president We’re going to turn it around and we’re going to start winning again We’re going to win so much We’re going to win at every level We’re going to win so much You may even get tired of winning And you’ll say “Please please It’s too much winning We can’t take it anymore Mr president it’s too much And I’ll say “No it isn’t We have to keep winning We have to win more
We’re going to win more. We’re going to win so much.” Donald Trump loves winning You just heard him say that His tariff plan was built on that promise Trump wants to win global trade by waging a trade war But today there are no winners Trump’s trade war is making everyone lose and the stock market is the biggest loser of all The selloff has been brutal Just look at the numbers America’s Dow Jones the S&P 500 the NASDAQ UK’s Footsie 100 Germany’s DAX Japan’s Nikai and India’s Nifty Every major index is in the red It is a stock market armageddon and it was induced by
the Trump tariffs Now look at the losses in one day American investors alone have lost some $2.4 trillion in one day $2.4 trillion This is the biggest one-day wipeout since 20120 And that was the year the pandemic struck So basically for the markets the tariffs are proving to be as deadly as the Wuhan virus And India has not been spared Investors here lost some 9.5 lakh crore rupees today That’s over $110 billion All thanks to a trade war that no one asked for Trump says he’s not surprised by any
of this He was expecting the markets to crash First we’d love to get your reaction sir to what’s going on in the financial markets today Well I mean it’s to be expected where uh this is a patient that was very sick who was a sick patient and went through an operation on liberation day and it’s going to be uh it’s going to be a booming country a very booming country It’s going to be amazing Actually Trump says the US economy is sick and tariffs are the cure But as things stand the cure is hurting more than the
disease He’s right on one point though The sell-off is not surprising at all Investors are jumping ship They’re dumping stocks because their investments no longer reflect the new reality We are in a global trade war and like all wars it is chaotic Donald Trump has not set any deadlines He looks prepared to drag this out What we have is we have a set of tariffs based on uh what they’ve been charging that’s reciprocal and those uh tariffs have come in and many every country’s called us That’s the beauty of what we do Uh we put ourselves in the driver’s seat Some trade US trade partners are already hitting back They have imposed retaliatory tariffs on the US Others are mulling their options We’ll tell you more about this in just a bit For the moment let’s look at the US president He has targeted 60 countries and trading blocks Not everyone will be able to strike a deal with him and get out of this So if you’re an investor this is a tricky time to make bets Be very careful No one knows how this trade war will
shape up There is significant risk both in the short and the long term Global agencies are sounding an alarm Like the International Monetary Fund or the IMF its head Cristina Georgie Evva has issued a warning She says Trump’s tariffs threaten the global economy Georgie Eva has appealed to the US that the IMF does not want a protracted war They want America to end these trade tensions and reduce the uncertainty And remember the US is the IMF’s largest shareholder So this statement is quite significant It is a rare criticism of the United States But the IMF’s concerns are valid A global recession cannot be ruled out this year Look at what JP Morgan is saying It is the biggest American bank It has raised the odds of a global recession to 60% 60 Earlier that figure was 40% So Trump’s tariff announcement has caused a 20% bump The World Trade Organization or WTO is alarmed too It has projected a 1% fall in global trade Now this is a contraction of 1% And the WTO says that it is deeply concerned because tariffs would lead to a chain reaction Although Washington is downplaying it the US Vice President JD Vance says this is and I’m quoting “This is just one bad day for the markets.
” Although he did warn about long-term pain you don’t fix that stuff overnight We know people are struggling We’re fighting as quickly as we can to fix what was left to us but it’s not going to happen immediately So how would this play out tariffs will make imported goods expensive.
This will reduce the demand for goods which in turn will impact factories the ones that make these goods The factories will be forced to cut supplies This will disrupt supply chains and the job market The high entry barriers will force companies to rethink their strategy They will have to consider the cost of tariffs They will have to relocate to avoid them And none of this will happen overnight But if the tariffs stay it will happen Hence the long-term pain This is Donald Trump’s gift to the world Greeting you with aloha and namaste No I I I love India Presence.
occupation of a territory by another country pertains to India What we saw in Kashmir how do you see Trump’s America yes the current administration behaves differently from the previous administration Are you saying that there are foreign powers who are trying to bring down the current government in Syria exactly Iran maybe Russia actually Prime Minister Modi committed to South you know corporations for not over 50% Is Ukraine prepared to pay the price for that peace no compromises at the cost of territorial integrity and sovereignty