On April 4th, which was yesterday, China retaliated against the U.S. tariff increase with 12 arrows fired in quick succession!
As soon as the words were spoken, U.S. stocks plummeted, the Nasdaq fell into a bear market, and Tesla lost 650 billion yuan! In less than three months since Trump took office as President of the United States, the stock market evaporated 8 trillion dollars!
The resolute countermeasures against the U.S. 'reciprocal tariffs' include a 34% tariff on U.S. goods, rare earth controls, and lawsuits, among others! Some of the related countermeasures take effect immediately, while others will take effect on April 10th at 12:01 PM. After China's countermeasures were announced, U.S. stocks plummeted across the board, with all three major indices falling more than 5.5%!
The 'fear index' VIX surged nearly 51%! It reached a new high since March 2020! The Nasdaq confirmed it has entered a technical bear market, and U.S. stocks plummeted 47 trillion yuan in just 2 days!
Large tech stocks fell across the board, with Tesla dropping over 10%, losing 89.6 billion dollars in market value overnight. Since January, when Trump took office as President of the United States, the total market value of the stock market has evaporated nearly 8 trillion dollars! #加密市场回调 #美国加征关税 #币安投票上币 #Alpha2.0爆款冲击 #巨鲸动向