President Donald Trump seems to be unloading the tensions from the US shoulders after China and the European Union slapped retaliatory tariffs, as he asked Americans to stay "cool."
China slapped 84 per cent tariffs on all American products, and the EU member states voted to approve retaliatory tariffs on USD 23 billion in goods.
Just hours after countries announced their levies, Trump, on Truth Social, said, "BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before!"
The Trump's post, may be a coincidence, but came around the same time when the US market opened. As soon as the market opened, the stock markets showed a mixed but slightly positive performance, with the Nasdaq Composite leading the charge. Investors appeared to focus on broader market trends, buoyed by solid earnings reports and continued growth in tech stocks.
As of 9:50 AM GMT-4 on April 9, 2025, the Dow Jones Industrial Average had climbed by 21.35 points, or 0.057%. The S&P 500 also posted gains adding 19.39 points (0.39%) to reach 5,002.16. The Nasdaq Composite surged by 190.59 points, or 1.25%, reaching 15,458.50, as technology stocks led the broader rally.
Maybe the market mixed reaction has somehow drive Trump in attempting to reassure worried investors with another post stating "THIS IS A GREAT TIME TO BUY!!!"
Meanwhile, Wall Street remained unstable whilst European and Asian markets declined alongside oil prices. Investors grew increasingly concerned as typically secure US government bonds experienced a significant decline.
Trump indicated that international leaders were eager to establish specific agreements with the United States, with Japanese and South Korean delegations visiting Washington.
"I'm telling you, these countries are calling us up kissing my ass," Trump told a dinner with fellow Republicans on Tuesday night.
The trade conflict has affected global markets significantly, with major indices experiencing volatility. The dollar weakened against key currencies, whilst oil prices dropped below $60 per barrel, reaching a four-year low.
Government bond yields increased in the United States, Japan and Britain, raising concerns among economists about potential long-term economic implications.
China slapped 84 per cent tariffs on all American products, and the EU member states voted to approve retaliatory tariffs on USD 23 billion in goods.
Just hours after countries announced their levies, Trump, on Truth Social, said, "BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before!"
The Trump's post, may be a coincidence, but came around the same time when the US market opened. As soon as the market opened, the stock markets showed a mixed but slightly positive performance, with the Nasdaq Composite leading the charge. Investors appeared to focus on broader market trends, buoyed by solid earnings reports and continued growth in tech stocks.
As of 9:50 AM GMT-4 on April 9, 2025, the Dow Jones Industrial Average had climbed by 21.35 points, or 0.057%. The S&P 500 also posted gains adding 19.39 points (0.39%) to reach 5,002.16. The Nasdaq Composite surged by 190.59 points, or 1.25%, reaching 15,458.50, as technology stocks led the broader rally.
Maybe the market mixed reaction has somehow drive Trump in attempting to reassure worried investors with another post stating "THIS IS A GREAT TIME TO BUY!!!"
Meanwhile, Wall Street remained unstable whilst European and Asian markets declined alongside oil prices. Investors grew increasingly concerned as typically secure US government bonds experienced a significant decline.
Trump indicated that international leaders were eager to establish specific agreements with the United States, with Japanese and South Korean delegations visiting Washington.
"I'm telling you, these countries are calling us up kissing my ass," Trump told a dinner with fellow Republicans on Tuesday night.
The trade conflict has affected global markets significantly, with major indices experiencing volatility. The dollar weakened against key currencies, whilst oil prices dropped below $60 per barrel, reaching a four-year low.
Government bond yields increased in the United States, Japan and Britain, raising concerns among economists about potential long-term economic implications.
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