🚨 Trump's tariffs spark market carnage 🩸
🔥 69 countries affected — markets react harshly
President Trump just unleashed a massive tariff wave, targeting Canada, Brazil, India, Taiwan, Switzerland, and others.
📈 Average tariff in the US now 18% (up from 2.3%)
🇨🇦 Canada impacted by 35%
🌍 Other countries saw impacts from 10% to 50%
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📉 $3 trillion wiped out in 48 hours!
In April, Trump's tariffs "Liberation Day" crashed the markets —
💥 $3+ TRILLION vanished in 2 days
📉 Benchmarks fell by ~10%
🚫 The $1.1 trillion figure? Doesn't match real losses — it was much worse.
Update August 1:
S&P: -1.6%
Dow: -1.3%
Nasdaq: -2.2%
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⚠️ Why the panic?
🔻 Unpredictable policy
📊 Higher risk of inflation
🧊 Frozen hiring & investments
👋 Trump even fired the head of labor statistics 😳
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💼 Big money moves fast
🔁 80% of institutions reallocating assets
🛡️ Shifting to defensive stocks & cash
📤 Halving exposure to the US market