Mumbai: US President Donald Trump has seen horrific results of the business war imposed on the world. Today historical gaps have arisen, as global funds have started withdrawing money from the markets of America, Europe and Asia, as they fear that America, with many other countries, will be trapped in a deep recession due to this deadly tariff war, which has destroyed the global economy, and the inflation will destroy many countries. The three -day global decline has caused a loss of more than Rs 1,000 crore. The global equity price is 816 lakh crore or 9.5 trillion dollars. In which the wealth of investors has come down by Rs 1,000 crore in three days in Indian stock markets alone. 24.08 lakh crores This decline in global markets was seen to be increasing today, as the American market opened with greater instability. Amidst late night reports that the European Union has reduced tariffs on American cars and industrial products, Dow Jones in the US markets fell 1,600 points and Nasdaq also fell 800 points to the positive area.
Asian markets saw the biggest decline since 2008. In the mood to fight the US, China retaliated by imposing 34 percent tariffs on the US and now China has started taking encouragement and encouragement measures to reduce its export impact. Hedge funds also sold in nervousness to protect their capital, as they feared that the lack of food grains would increase due to this World Trade War. The US markets as well as European and Asian markets have lost over 9.5 trillion dollars or more than Rs 1,000 crore due to a three-day fall. The value of assets in global equity markets has increased to Rs 816 lakh crore.
The markets of Asia-Pacific countries were the most shortage of food grains today. South Korean markets had to stop short -term trade orders due to sales orders. As soon as China indicated that it would take incentive measures to increase domestic consumption and Trump indicated that until China is ready to reduce its trade surplus with the US, it would not compromise, the risk of selling in global markets increased due to the risk of increasing America-China tension.
Among the Asian markets, the Nikkei 225 index of the Tokyo stock market of Japan fell 2,644 points or 7.83 percent to 31,136.58 today, mainly due to the decline in banking and finance shares. Hong Kong’s Hangseng falls 3031.51 points or 13.22 percent to 19,828.30, CSI 300 index of China’s Shanghai Stock Exchange fell 272.06 points or 7.05 percent to 3589.44, South Korea’s Cupie Index 137.22 points or 5.57 percent to 2328.20, T.E.E.Ex Index 2065.87 points fell to 19,232.35, Pakistan’s Karachi 30 index fell 1261.05 points or 3.43 percent to 35,554.34, Australia’s S&P-ASX 200 index fell 324.59 points or 4.23 percent to 7343.25.
In European countries markets, the London Stock Exchange’s FTSE 100 index in the evening was 322 points, or 4.00 percent, Germany’s DAX 865 points i.e. 4.19 percent, and France’s CAC 40 index was 322 points or 4.83 percent.
Angered by Trump’s aggressive policy, global funds have bought shares of major American companies Tesla Inc., Apple Inc., Amazon.com Inc., Citigroup Inc.. There were reports of a historic decline, including a continuous decline in shares. Of course, the possibility of cutting interest rates was reduced by the US Federal Reserve to reduce the severity of the decline. When the US stock market opened in the evening, Dow Jones was showing a 300 -point lead after a decline of 1,610 points, and Nasdaq was showing a 350 -point gain after a decline of 802 points.
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