On Friday, April 4, 2025, the American market again witnessed a major decline late last night. Nasdaq, Dow Jones and S&P 500 Index lost more than 5 percent. Wall Street is facing its most intense decline after the Kovid-19 crisis top. There is only one main reason for this reduction, which is the tariff of President Donald Trump.
China has also reacted to US tariffs and announced a 34 percent tariff on the United States from April 10. Because of this, it is suspected that some other countries may also impose tariffs on the United States. Experts say that this has increased the probability of a trade war, which is likely to increase inflation and create a downturn.
The US Market was afraid of China's reaction
The S&P 500 index fell 6% after China announced the tariff, leading to the suspicion of trade war leading to a global recession. It was the worst week of the S&P 500 since March 2020, when the Mahamani influenced the economy at a dangerous level. DOW Jones dropped 2,231 points (5.5%), while Nasdek dropped 5.8%, down by more than 20% of its December level.
US Market at the lowest level of 11 months
On Friday, the record breaking on US stock exchanges was trading at 26.79 billion shares, surpassing the previous high of 24.48 billion set up on January 27, 2021. NASDAQ fell 962.82 points to 15,587.79, confirming that the Tech-Heavy Index fell more than 2020 percent to 6 percent. It closed at a high of 20,173.89.
The Dow Jones Industrial Average is down 2,231.07 points to 38,314.86, showing an improvement from its record closure of 45,014.04 set on December 4. According to the reorter, the S&P 500 has dropped 322.44 points to 5,074.08, which is the lowest level compared to 11 months.
Rise
The chances of imposing tariffs from other countries have also increased since Trump announced the reciprocal tariff. China imposes 34 percent tariffs on the United States. Canada has also announced a 25 percent tax. As a result, global inflation has been threatened with rise. The move taken by Trump is pushing the world to a global recession.
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