The impact of the tariff imposed on various countries by Us President Donald Trump is now clearly visible on the economic markets of the whole world. From this World Marketplace Strike, from cryptocurrency to the Indian stock market saw a huge decline. The crypto market declined by more than 10% after Trump’s decision, which led to the difficulties for investors. However, the attitude of Donald Trump made it clear that he is not ready to bow down to any country and will be adamant on his decisions. He described his decisions as ‘bitter sips’, which are essential for the long -term health of the American economy.
Crypto Marketplace Strike from Donald Trump’s decision
The first impact of the tariff imposed by Donald Trump had on the Cryptocurrency Market. The cryptocurrency market saw a huge decline due to the global market crash. Where Bitcoin Worth The 7.5% fell to $ 76,524.27, while the Etreum was trading at $ 1,493.33 by the time the news was written. This decline was not only limited to the major cryptocurrency, but it also had an impact on other altcoins. The XRP was traded at $ 1.76 at $ 1.76, falling at $ 541.79 at $ 1.76, and solana was traded at $ 100.85 at $ 100.85.
Memecoins such as Dogecoin, Shiba Inu and Pepe Coin also could not avoid this decline. Dogecoin fell 13% to $ 0.1384, Shiba Inu 10% to fall to $ 0.00001085 and pepe coin 13% to trades at $ 0.000006066. Thus, Trump’s decision affected all areas of the crypto market and suffered heavy losses for investors.
Tariff from World Book Marketplace Strike
The tariff imposed on 60 countries by Donald Trump affected not only the crypto market, but also the global stock market. Causes of increasing tariff rivalry between American-China World Book Marketplace There was a huge decline in. Both Sensex and Nifty fell more than 5 percent in India. This decline panicked investors and a large number of shares began selling.
The effect of this decline was also seen in Asian Markets. Hong Kong’s Hang Seng index fell more than 12 percent, while Japan’s Nikkei 225 index fell about 8 percent. China’s Shanghai SSE Composite Index also declined by nearly 8 percent and South Korea’s Kospi index fell more than 5 percent. At the end of the trading session in India, the Sensex fell 2226.79 points to close at 73,137.90, while the Nifty fell 742.85 points to close at 22,161.60.
Conclusion
The decision of the tariff imposed by Donald Trump has shaken not only the American economy, but the economic markets of the whole world. The global crypto market and stock market have seen a huge decline. Although Trump made it clear that his move was necessary for the long -term advantages of the US economy, its immediate impact increased the concern among global trade and investors. Investors need to be very cautious at this time, as the market situation remains uncertain.