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2025-04-19

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The stock market has suffered a heavy blow due to the escalation of the global trade war. Trump: This is a great opportunity to make money.

The stock market has suffered a heavy blow due to the escalation of the global trade war. Trump: This is a great opportunity to make money.
讀後心得
China has imposed a 34% retaliatory tariff on U.S. imports, and U.S. President Trump stated that this is something China "cannot afford." Amidst a global trade war escalating and leading to a stock market crash, Trump continues to assert that now is a "wealth-building" opportunity. He emphasized on social media that businesses will not be affected by tariffs and insisted that his trade policies will not change. The Wall Street index saw a significant drop, and the U.S. financial markets have lost over $6 trillion since Trump announced the new tariffs.

China, the main economic competitor of the United States, announced retaliatory tariffs of up to 34% on American imports. In this context, President Trump further provoked China by claiming, "This is something they can't handle!" Even as the global trade war intensified, leading to a dramatic stock market decline, Trump stated that the current phase is a "great opportunity to get rich."

President Trump speaking with reporters on a closed conference call

Reports indicated that Trump emphasized in a social media post: "This move by China is wrong, they are already in a panic!" As the U.S. stock market experienced declines for two consecutive days, many investment and retirement plans saw significant shrinkage. The chair of the Federal Reserve warned that these tariff measures could lead to rising inflation and slowed economic growth.

The performance of Wall Street followed the trends of Asian and European markets, facing severe declines, with the Dow Jones decreasing by 5.5% and the S&P 500 plummeting by 5.97%. Since Trump announced his tariff measures, losses in the U.S. financial markets have exceeded $6 trillion. Trump has recently imposed import tariffs on multiple countries and has expressed that his stance remains unchanged, stating, "My policies absolutely will not change." He also explicitly mentioned, "Now is a great time to get rich."

Trump's strategy aims to leverage the economic power of the United States to force foreign companies to choose to manufacture domestically rather than continue relying on imported goods. He also emphasized that only the weak fail, and in another post, reiterated that large corporations were not affected because they know they can thrive steadily in the U.S.

  • China announces retaliatory tariffs.
  • Trump's provocative remarks cause market fluctuations.
  • Warnings that tariffs will affect economic growth.
  • U.S. stocks suffer significant losses.