Trump first disrupted the world and then went to his golf!

US President Donald Trump ordered a 5 % tariff on all imported goods to the United States last Wednesday, with some Washington countries and allies, including China, Japan, South Korea, India and the European Union. These tariffs include 2 % on imported goods from China, 2 % on EU goods, and 2 percent on Indian goods.

Trump also signed a separate decree that imposes a 5 % tariff on cars, pickups and automotive parts outside, and considered it necessary to maintain “national security”.

The unprecedented US president’s order, however, has led the influential countries such as China and European countries to retaliate by imposing mutual tariffs against Washington, according to Al -Jazeera. The intensification of this trade war has led many investors to escape the United States and the Wall Street stock market has become one of its worst crises since Choronavirus’s epidemic.

Meanwhile, Trump went to his private resort, known as Maralago in Pam Beach, Florida, five days after his country’s economy was folded with new tariffs on the Golf Land.

Before leaving for his private golf course, he wrote in a post on social media: “Now is a great time to get rich.”

But investors showed that they did not accept the claim.

According to reports, the S&P 2 index (a list of the top 5 shares in the New York and Nasdak stock market) fell to 4.9 percent following the deepening of the Wall Street crisis as a result of China’s retaliation against US tariffs. It is expected that Trump’s trade war will eventually lead to a recession that will harm all sides of the war.

Another index of the US Stock Exchange, called the Dow Jones Industrial Average, also fell to five percent or 5 units as a result of recent turmoil. Another indicator known as Nasdak Composite was also reduced by 4.3.

According to Al Jazeera, this trade war has had few winners, with the European stock market dropped by about five percent. The price of crude oil has also reached its lowest level since year 2. Other foundations of economic growth, such as copper, have seen prices fall as a result of concern over the impact of the trade war on the global economy. Now the key question is whether the current trade war will lead to a global recession? If so, the value of stock markets will probably decline even more, and investors expect the current inflamed waves to reach the beach soon.

“Unless there is virtually no change in policies or there is no evidence of negotiations, pressure on the markets will be maintained,” said Katie Jones, a senior strategist at the Schwab Financial Research Center in New York.

The US Federal Reserve President Jerome Powell stressed on Friday, “The tariffs were significantly higher than expected” and “most likely” will cause more inflation in the short term and possibly in the long run.

The US president has argued that his policies are a painful but necessary step to encourage companies to bring their activities to the United States.

He published material on Friday in defending his decisions on the Truth Social social network and promised to continue this controversial path.

The US president wrote: “Addressing the many investors coming to the United States and investing a lot of money: my policies will never change.”

Trump also released a controversial video in cyberspace claiming: “Trump has targeted the stock market in the context of a hidden game and this can make you rich.”

The video had a quote attributed to Warren Baft, a well -known investor in Trump’s admiration theme, but Baft Company said in a statement that the quote was fake. The video also said that Trump’s goal was to bring the Federal Reserve to further lower interest rates, while the US president himself explicitly demanded this on Friday.

“Now is a great time to reduce interest rates,” Trump wrote. Jerome! Reduce interest rates and stop playing politically! “

As foreign leaders have been struggling to respond to Trump’s decisions, the US president spoke of the deal.

He said he spoke to Vietnam’s leader, You Lam, claiming that Vietnam wanted to remove its tariffs on American goods if he could deal with the United States.

Trump also criticized China’s decision to impose retaliatory tariffs on its imports from the United States and wrote, “China played wrong, frightened- something that can’t handle it!”

US Republicans say Trump’s policies are the starting point for negotiations with foreign countries.

The end of the message