The trade policy of U.S. President Donald Trump, particularly the imposition of tariffs of up to 104% on imports from China and 10-50% for other countries, has caused chaos in the financial markets. According to Bloomberg, the S&P 500 index lost 10.53% in two days, the NASDAQ Composite - 11.44%, and the Dow Jones - 9.26%. Tariffs aimed at protecting the American economy have triggered a collapse in global markets and heightened inflation expectations.
The Consumer Price Index (CPI) has come under pressure due to rising prices for imported goods, which could complicate the Fed's work, as noted by economist Lawrence Summers. At the same time, the dollar index fell to a minimum since 2022, and gold reached a record $3400 per ounce.
Trump claims that tariffs bring 'billions of dollars' to the U.S., but economists warn of the risk of 'trumpecession' - a recession caused by his policies. The decline in consumer confidence, according to the Fed's 'Beige Book,' and market volatility intensify pessimism.
Despite a temporary market recovery after partial tariff relief, uncertainty remains. Will Trump be able to stabilize the economy? Stay tuned for updates!
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