The negative impact of the tariff imposed on several countries including India by US President Donald Trump has begun to show. On Friday, the stock markets around the world, including India, declined for the second consecutive day. Due to the tariff, investors have begun to hear the atmosphere of recession. Due to this, investors are coming out of the market by selling shares. The concerns of the global recession increased when the US stock market recorded the biggest decline after 2020. On Thursday, US Dow Jones fell 2.76%, S&P 500 fell 3.27% and Nasdaq fell 3.61%. S&P 500 lost $ 2.4 trillion $ 2.4. Due to this, other major stock markets of the world also went into the red mark. Shares of many big companies fell and they suffered a loss of millions of crores.
The impact of Trump’s tariff was also seen on the Asian stock markets including India on Friday. The Sensex declined by 930.67 points. It closed at 75,364.69 with this decline. At the same time, the Nifty closed at 22,904.45 with a decline of 345.65 points. Investors suffered a loss of Rs 9.5 lakh crore due to the decline in the Sensex. At the same time, the markets of other Asian countries China, Japan, Hong Kong, Korea etc. also declined. Japan’s Nikkei fell 3.4%, which could be the worst week since March 2020 between Kovid-19. Hangseng of Hong Kong fell 1.52% and China’s Shenzhen fell 1.40%.
Europe markets also fell
The impact of Trump’s tariff was also seen on Europe’s stock market. Britain’s FTSE index fell 3.51%. At the same time, France’s CAC index fell 3.61% and Germany’s DAX index fell 3.88%. Europe’s Stoxx 600 3.2% fell in early trade. It also declined by 2.6% on Thursday. The trust of investors in the stock market is now decreasing. This is why investors are coming out by selling their shares. They are investing in safe places. An increase in American Treasury and Gold prices suggests that people shy away from taking risks.
