The world stock markets are experiencing a significant decline in the background of the aggressive tariff policy of US President Donald Trump. The Asian exchanges have undergone the strongest collapse over the last 16 years, including stocks in China, Japan, Hong Kong and India have lost significantly. This has led to anxiety in the world financial markets and even the strengthening of Japanese yen, which, in turn, led to a fall in oil prices.
Despite the decline in stock indices, Trump continues to reject anxiety and stands firmly in his position on the introduction of new duties. It compares these tariffs with medicines that, he said, can correct global economic problems. In Europe, banks were most affected. From the leaders of growth, they have become the main outsiders because of fears of recession and the expectation of new rates by the European Central Bank. Raw markets also have a decline, although the Australian dollar has partially recovered.
However, some investors, including Pella Funds, try to take advantage of the situation by buying stable companies in Europe and China. They also pay attention to the health sector in the US, which can be profitable in such conditions. Trump, despite the huge loss of capitalization in the world markets, states that it is not frightened by a negative reaction and continues to insist on its economic strategy. He reported that during the weekend he had negotiations with European and Asian leaders, which offered to reduce customs duties by 50%. However, Trump replied that he was ready for negotiations only if there are "significant annual payments" by these states.
Since April 2, the US President has announced the introduction of mutual duties for all countries, with a minimal base tariff of 10%. Russia, however, has not been included in this list.
