TRUMP'S TARIFF TSUNAMI: $9 TRILLION WIPED OUT IN 48 HOURS AS ASIAN MARKETS BEAR BRUNT OF TRADE WAR ARMAGEDDON
Global Financial Markets in Freefall
$9.5 trillion erased: Investors faced historic losses as panic selling gripped markets globally
Worst since 2020: The crash marks the steepest decline since the COVID-19 pandemic
Tariff trigger: Trump’s April 2 "Liberation Day" tariffs on allies and rivals alike ignited the sell-off
China retaliates: Beijing imposed 34% duties on all US imports from April 4, escalating tensions
ASIA: GROUND ZERO OF THE CRASH
Japan’s Nikkei 225
7.83% single-day plunge (April 7), triggering trading curbs
9% weekly loss: Worst performance since March 2020
Auto sector collapse: Toyota (-11%), Honda (-9.5%), and Nissan (-8.7%) hit by US tariff threats
China’s Shanghai Composite
7.34% crash (April 7) after holiday closure
Tech massacre: Semiconductor stocks like SMIC (-12%) and Huawei suppliers (-9-15%) nosedived
Property sector crisis: Evergrande (-22%) and Country Garden (-18%) hit record lows
India’s Sensex
3.4% drop: Reliance (-5.1%), HDFC Bank (-4.3%), and Infosys (-3.8%) led declines
FPI exodus: $1.2 billion pulled out in 48 hours
Rupee at 84.5/USD: 16-month low on dollar flight
South Korea & Australia
KOSPI’s 5.57% plunge (April 7): Samsung (-7.1%) and Hyundai (-6.9%) battered
ASX 200’s 6% intraday drop (April 7): Mining giants BHP (-8.3%) and Rio Tinto (-7.6%) crashed
WALL STREET’S HISTORIC MELTDOWN
$5.4 trillion wiped from S&P 500 in a week
Dow’s 4,000-point collapse: First back-to-back 1,500+ loss days in history
Nasdaq’s 11% two-day drop: Tech giants Apple (-9.2%), Amazon (-7.8%), and Nvidia (-12.1%) bled
VIX at pandemic highs: Fear gauge doubled to 68.3
EUROPEAN MARKETS: NO SAFE HAVENS
STOXX 600’s 8.4% weekly loss: Worst since 2020
FTSE 100’s 5% crash (April 4): All stocks except JD Sports fell
DAX’s 4.95% plunge (April 4): Volkswagen (-8.1%) and BASF (-7.4%) sank on tariff risks
Barclays’ dire warning: Slashed STOXX 600 year-end target by 15%
COMMODITIES & CURRENCIES IN CHAOS
Oil at 2021 lows: Brent crude at $63.15/barrel (-3.7%)
Copper’s 6% dive: Worst day since 2022 on recession fears
Coffee crisis: Futures down 9% as US tariffs hit Brazil/Vietnam
Aussie dollar at 0.63/USD: 20-month low
Yen surges to 141/USD: Safe-haven rally despite Nikkei crash
CORPORATE CARNAGE
Volkswagen/Stellantis: Fined $495M by EU amid crash
Nike’s Vietnam nightmare: 50% of its footwear faces new US tariffs
Amazon’s TikTok gamble: Bid seen as desperate hedge against trade war
THE ROAD AHEAD
Recession odds spike: JPMorgan predicts 40% chance of global downturn
Fed in bind: Powell warns of inflation risks but markets demand rate cuts
$9 trillion question: Can China/US de-escalate before May 1 tariff deadlines?
Short-selling bans: South Korea and Taiwan curb trades to stem bleeding
Cryptocurrency crash: Bitcoin at $51,000 (-18% weekly) as “digital gold” narrative crumbles
Comments
Post a Comment