📉 Why is the market down right now?

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1. New tariff threats in the United States

President Trump announced new tariffs:

30% on the EU and Mexico starting August 1

35% on Canada, with other countries possibly being added

These threats create fear in global markets. Investors fear that these tariffs will harm trade, increase production costs, and reduce corporate profits.

Source: The Guardian

2. Uncertainty in the global market

Geopolitical tensions and ongoing trade wars (particularly between the United States and China) are shaking investor confidence.

Markets are reacting to possible interest rate cuts from central banks like the Bank of England due to slowing job markets.

Investors are shedding risky assets (like stocks and cryptocurrencies) and moving towards safer assets (like bonds or gold).

3. Pressure from earnings season

We are in the second quarter earnings season, and although some companies are exceeding expectations, the outlook is uncertain.

Weak earnings or cautious forecasts from major companies are putting downward pressure on the markets.

🇹🇿 Tanzania Market (DSE)

The All Share Index of the Dar es Salaam Stock Exchange (DSEI) fell by about 0.31% on July 14.

The sentiment of foreign investors is also affected by the decline in the global market and movements of the US dollar.

🔮 What’s next?

If the United States imposes these tariffs on August 1, expect more volatility.

Markets could recover if corporate profits remain strong or if trade tensions decrease.