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Reading: A high-stakes standoff between Trump and the markets
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Home » Blog » A high-stakes standoff between Trump and the markets
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A high-stakes standoff between Trump and the markets

Henry Blake
Henry Blake
1 month ago
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A merchant at the Chicago Board of Commerce on April 7, 2025.
A merchant at the Chicago Board of Commerce on April 7, 2025. Ashlee Rezin / AP

The fall of the stock market in the last three days looked like a chicken game. One side, prices collapsed; On the other hand, the president of the United States refused to listen. Trapped was a high -risk confrontation, as demonstrated once on Monday, April 7.

After another disastrous negotiation session in Asia and Europe, Wall Street had just opened with some calm, the rates that have just started a slight recovery. With an angry message on his social network of truth, Donald Trump once again incited panic. “If China does not retire, it is a 34% increase [announced by Beijing on Friday as a retaliatory measure] Above its commercial abuse already in the long term for tomorrow, on April 8, 2025, the United States will impose additional tariffs to China or 50%, as of April 9, “and added that” all conversations with China about their meetings requested with us will be completed. “

Shortly before, the White House had annulled a reassuring rumor for financial markets. A misunderstood response of the Kevin Hassett National Economic Council spread the rumor of a 90 -day delay in the implementation of the rates, scheduled for April 9. “Incorrect,” the White House replied in its X account. “@Potus has been clear:” Everything has to change, but especially with China! “

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