Trump reciprocal rates: US stock markets can see nearly $ 2 trillion wipeout today. Here's why | Einsmark news

Trump Tarief Impact: Apple, Walmart, Nike and other large companies that depend on countries such as China and Vietnam for manufacturing can lead a route on US stock markets, and wipes about 1.7 billion dollars from the S&P 500 index as the trade opens Thursday. The US stock market is likely to come in the midst of concerns after President Donald Trump has slapped the whole world with new rates that could lead to an economic recession. According to a Bloomberg report, businesses whose supply chains are most dependent on overseas manufacturing will be most affected. Apple Inc., which makes the majority of its US sales devices in China, is likely to open 7.7 percent lower in trade. Lululemon Athletica Inc. and Nike Inc., which has manufacturing tires with Vietnam, is at least 9 percent lower. However, some shares that were largely not affected did not affect with the biggest ETF that detected the S&P 500, which caused its biggest loss since 2022. From 8 o’clock EST, about 90 percent shares traded lower in New York. Of the 500 shares, more than half were lower during the leading market hours by at least 2 percent. “The market realizes that there is almost no way to turn it as a positive,” Bloomberg reported that Steve Sosnick, chief strategist at Interactive Brokers, quoted. “Here we are with a considerable sale on our hands somewhat by traders whose commitment to buy every dip left them wrong.” Trump tariffs: Experts flag economic slowdown, inflation The width and severity of the levies were more than those who imposed Donald Trump during his first term, which threatened to increase global supply chains, aggravate an economic slowdown and increase inflation. It also made investors struggle to find out what Trump tariffs would do to corporate profits. The plan is equivalent to the largest tax increase since 1968, JPMorgan economist Michael Feroli wrote in a note, according to the Bloomberg report. This could contribute as much as 1.5 percent to commodity prices this year, using the preferred inflation part of the Federal Reserve, while weighing personal income and consumer spending. “This impact alone can take the economy dangerously close to slipping to the recession,” Feroli wrote in his note. “And that’s before the extra hits to gross exports and investment spending take into account.” US assets lost major US assets quickly appeared as the largest losers after the announcement. The futures for shares tumbled more than 3.3 percent, and a dollar measure dropped. The Trump tariff impact elsewhere was muted: A broad measure of Asian stocks fell by 0.6 percent and the Stoxx Europe 600 dropped 2.4 percent, while the euro rose 2.3 percent against the dollar. Semiconductor and industrial companies also had a knock. A fund traded by the scholarship has detected the Philadelphia Semiconductor Index with 4.6 percent with Nvidia Corp., Broadcom Inc., and Micron Technology Inc. Caterpillar Inc. and Boeing Co., which gets a large part of China sales, dropped at least 4 percent. Apple leads the US stock market massacre Apple drops below the beautiful seven shares with a 7.7 percent drop. The group, which also includes the people such as Tesla, Microsoft, Nvidia, Alphabet, Amazon.com and Meta platforms, was responsible for the past two years’ profits of the US stock market, Bloomberg reports. According to Citigroup analysts led by Atif Malik, Apple’s gross profits could fall by as much as 9 percent if it were to record cost increases due to rates on China. Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. Business NewsMarketsstock Marketstrump Recipient rates: US stock markets can see nearly $ 2 trillion wipeout today. Here is the reason why more less