The recipe of Donald Trump, US President Donald Trump, is being implemented from April 2 next month and before that the stock markets around the world are seen as outcry. There were also signs of this on the first trading day of the week. Even though on Monday, the Indian Stock Market remained closed on the occasion of Eid, let us know that the last trading day of last week was closed in the Sensex-Nifty Red Zone on Friday. At the same time, during the trading in the Asian market on Monday, most of the markets were dashed. On Monday, Nikkei of Japan was the worst condition and it broke more than 4 percent. Apart from this, there was a major decline from Hong Kong’s Hangsang to Kopi in South Korea.
Japan 4%, then Korea’s Kospi slipped 3%
During the trading on Monday, the fear of Trump Tariff has been clearly seen on most Asian markets. Japan was in a bad condition and the Nikkei index here slipped 4.05 per cent or 1502.55 points to 35,617.56. Apart from this, South Korea’s KOSPI fell 3 percent and trading at 2481.12. Along with these two, almost all Asian Markets were trading in the red zone.
Other Asian markets also stirred up
If we look at the business of Asian markets other than Nikkei and Kospi on Monday, Gift Nifty was seen trading at a level of about 1 percent to 23,300, while Hong Kong’s Hang Sang (Hang Sang) was trading at 23,119.58 with a decline of 1.31 percent. 1.14% in DAX, while CAC was trading by falling down 1.18%.
American markets also declined strong
If we talk about American stock markets, then there is a strong decline in the stock markets here. Dow future is trading by falling 0.59%, while NASDAQ slipped to 1.63% to 17,098.75. Apart from this, Dow Jones was trading at 41,604.90 with a decline of 1.69% and the S&P500 index was trading at 5570.
What is the fear of markets?
Now let’s talk about what fear is there, which is haunting the stock markets and they are broken and shattered. So let us know that the date of implementation of the recipe of US President Donald Trump is near and it is going to be implemented from April 2. According to a Business Today report, Donald Trump said on Sunday, while talking to reporters in the Airforce One that the reciperock will start tariffs with all countries, essentially all the countries we are talking about.
Explain that Trump has announced the implementation of mutual tariffs on those countries that charge a fee on American exports, which aims to equalize those tariffs accordingly, neither less nor much.
Reciperochl tariff i.e. when one country imposes tariffs (import duty) on imported goods from another country, the other country also puts tariffs on the products of that country in the same proportion. This can be called ‘Tit Ko Tit’ policy in simple language. For example, if a country imposes 10 percent import duty on American products, then the US will also impose only 10 percent tariff on goods coming from that country.