Global Markets React as US Imposes Reciprocal Tariffs, Stocks and Commodities Decline

Global Markets React as US Imposes Reciprocal Tariffs, Stocks and Commodities Decline

Last Updated Apr - 03 - 2025, 02:45 PM | Source : Fela News

The US's new reciprocal tariffs, including a 26% levy on India and 34% on China, triggered market turmoil.

The US’s  advertisement on complementary tariffs transferred shockwaves in the global request amid high affectation and falling marketable earnings. While the European Union faces a 20 per cent rate and China 34 per cent, Trump has assessed a 26 per cent added rate on India and 25 per cent on South Korea and 24 per cent on Japan. 

 In the United States, stock futures declined as Trump spoke, with S&P 500 futures dropping further than 3.5, while Nasdaq 100 contracts slid 4.5. The S&P 500 closed Wednesday’s regular session 8 below its February record high. 

  In currency requests, the bone weakened by 0.9 against the  yearning, reaching 148  yearning, while the Mexican peso declined by 0.4. Meanwhile, safe- haven means like gold and U.S. Treasury bonds saw price increases. West Texas Intermediate crude  oil painting  oil  oil painting and bull constantly considered pointers of global profitable exertion, both fell by at least 2 in early Asian trading on Thursday. 

 Apple Inc., which relies heavily on China for its force chain, saw its stock drop by 6.9 after Beijing was hit with a 34 tariff rate. Chipmakers, including Nvidia Corp. and Advanced Micro bias Inc., educated losses, along with  transnational pots  similar as Caterpillar Inc. and Boeing Co. 

 Don Calcagni, top investment officer at Mercer counsels, said the tariffs are ill- suited for the global frugality. “ We're truly early innings on what could unfortunately turn into a truly serious global trade war, ” Calcagni told Reuters. 

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