The impact of "reciprocal tariffs" has caused global stock market values to drop by $10 trillion
2025-04-09 00:59:27
According to Bloomberg statistics, the so-called "reciprocal tariffs" announced by the United States have seriously affected international capital markets. Since the 3rd of this month, the market value of the global stock market has shrunk by 10 trillion US dollars, slightly more than half of the European Union's GDP. Among them, the US stock market itself suffered heavy losses, and the market value of the seven major tech giants in the US stock market evaporated by about 1.65 trillion US dollars during this period. Among them, Apple is highly dependent on the US overseas supply chain for its product manufacturing. In the past four trading days, the stock price has fallen by nearly 23%. (Jin Ten)
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