George M

It started with one shock move: On April 3, Trump announced sweeping new U.S. tariffs—10% on everything. Up to 50% for certain countries. Markets didn’t wait. 📉 $2.5 TRILLION in market value gone in 24 hours.

Wall Street tanked: - Dow: –6% (Top 5 worst point drop ever) - S&P 500: –5% - Nasdaq: –6% (officially in a bear market) And it didn’t stop. Next day? Another 2.5% wiped out by noon.

The shock spread globally: - FTSE 100 (UK): –4.7% - DAX (Germany): –4.5% - CAC 40 (France): –4.0% - Brent Oil: –6%- - Gold? Spiked to a record $3,168/oz

This wasn’t just a sell-off. It was a vote of no confidence in U.S. economic leadership. Even the U.S. dollar collapsed: 📉 Biggest one-day drop on record. Traders fled to gold and bonds.

China struck back—hard: 🇨🇳 34% tariff on ALL U.S. goods. 🇨🇳 11 American firms blacklisted. 🇨🇳 Formal WTO complaint filed. They didn’t wait. They retaliated instantly.

Europe followed: 🇪🇺 “Brutal and unfounded” 🇫🇷 Macron froze all new U.S. investments 🇪🇺 EU preparing counter-tariffs 🇬🇧 UK chose diplomacy—no retaliation (yet) Old allies now feel like trade rivals.

Meanwhile, Trump was raging: He blasted the Fed, demanded rate cuts, and called it a “perfect time” for Jerome Powell to act. Markets? Not convinced. Yields fell. Recession fears soared.

Multinational panic: - Stellantis halts production in Canada & Mexico - Tech stocks collapse - Retailers like Walmart warn of price hikes - Automakers prepare for layoffs Global supply chains? Shattered overnight.

Sector by sector collapse: 📉 Tech: Nasdaq down 20% 📉 Retail: Import taxes hit consumers 📉 Autos: Job losses projected in the thousands 📉 Shipping & Freight: Bracing for sharp volume drops

Economists are spooked: - U.S. growth could fall 1.3% - China’s GDP: –2% - Global recession odds now 50%+ Household cost: $2,000+ per year in higher prices

One analyst put it bluntly: “This ends the post-WWII trade era.” We’re back to 1920s-style protectionism. Average U.S. import duty? 22.5%—the highest in a century.

This isn’t just another tariff fight. This is a worldwide economic pivot. From cooperation → confrontation From globalization → fragmentation From optimism → fear

Bottom line: Trump’s tariffs didn’t just start a trade war. They triggered a global economic earthquake. And if no one blinks? We may be headed for a new kind of depression

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