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2025-04-21

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The escalation of the global trade war has led to a severe stock market crash, and Trump claims that now is a good opportunity for investment.

The escalation of the global trade war has led to a severe stock market crash, and Trump claims that now is a good opportunity for investment.
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China announced a 34% retaliatory tariff on U.S. imports, while U.S. President Donald Trump emphasized that this is a challenge that China cannot afford. He stated that the current situation is a good time to "get rich" as the stock market plummeted due to the trade war. Trump posted on social media, calling China's actions a mistake and asserting that American businesses would not be affected. However, U.S. stocks have fallen for two consecutive days and are facing risks of slowing economic growth and rising inflation. The total losses have exceeded $6 trillion, yet Trump remains steadfast in his policies.

The main economic rival of the United States, China, recently announced a retaliatory tariff of 34% on U.S. imported goods. In response to this situation, U.S. President Trump stated on the 4th, "This is something they can't afford!" Despite a significant drop in the stock market due to escalating global trade tensions, Trump claimed that now is a "great time for wealth."

U.S. President Trump delivers a speech on Air Force One en route to Miami.

Reports indicate that Trump emphasized in a social media post written in all capital letters: "China made a wrong move; they are panicking, this is something they can't afford!" As U.S. stocks fell for the second consecutive day, investors and retirement portfolios faced significant losses. The Chair of the U.S. Federal Reserve warned that these tariffs could trigger "rising inflation and declining economic growth." The Wall Street stock market plummeted, following the declines in Asian and European markets, with the Dow Jones index dropping by 5.5% and the S&P index plunging by 5.97%. Since Trump announced the "liberation day" tariffs, the U.S. financial market has lost more than $6 trillion.

On the 2nd of this month, Trump imposed import tariffs on dozens of countries and remains firm, stating, "My policy will definitely not change." He further claimed, "Now is a great time for wealth." Trump hopes to encourage foreign companies to produce domestically in the United States instead of relying on imports. He emphasized in his post, "Only the weak will fail!" and believes that businesses are not affected, asserting, "Big businesses are not worried about tariffs because they know they will do just fine here."

  • China retaliates with tariffs on U.S. goods.
  • The U.S. stock market faces significant adjustments, while Trump claims there are wealth opportunities against the odds.
  • Future economic growth may be affected by inflation.