Tariff aftershocks cause: After US President Donald Trump imposed tariffs on several countries around the world, the country’s own stock markets have seen a bearish trend.
US and Asian stock markets crashed. Investors lost trillions of dollars. US markets are suffering from the worst decline since 2020.
The value of shares of well-known companies has also decreased. For example, Nike’s value has decreased by 11%, Gap’s by 18% and Amazon’s by 7%. Apple, whose products are made in China, has decreased by nine.
Nasdaq fell by 6%, S&P 4.8%, and Dow Jones shares fell by four. Apple Company lost $300 billion. The value of shares related to solar energy in the US has also decreased.
The value of shares may recover during the day, meaning that this change is not permanent; however, economists have expressed concern about a new recession in global markets, including the US.