🇺🇲💲 Did they not give the Nobel Peace Prize to Trump nicely? Get it.
It was not us who fell under the hot hand, but China. Trump decided to impose 100% tariffs on goods from China starting November 1 or earlier. This caused the markets to crash.
❗The US stock market collapsed, cryptocurrencies plummeted.
The S&P 500 index fell by 2.7%, and the Nasdaq 100 technology index lost 3.5%.
In addition, the dollar exchange rate decreased, and oil prices fell by more than 4%.
This concerns the restriction of the export of rare earth metals necessary for American industry.
Moreover, export control on critically important software will be tightened.
The US president accuses China of "very hostile" actions.
Just like that, without negotiations or explanations. He lost his temper! And this is just the beginning.
