Stock Market Gains Linked to Trump, Says U.S. Senator
14 April 2025 路 Uncategorized 路
Source: 路 https://finance.technews.tw/2025/04/10/trump-manipulate-stock-market/
On April 9, U.S. stocks surged after President Donald Trump encouraged investors to buy shares and subsequently announced a ninety-day delay in tariffs. The market's significant rise prompted him to attribute the gains to his actions.
However, experts caution that despite this surge, uncertainties persist due to ongoing trade tensions between China and the United States, warning against assuming selling pressure has subsided following yesterday鈥檚 rebound. Stock markets have been volatile since Trump announced comprehensive tariffs on April 2nd; positive news can trigger a recovery.
While announcing an increase in tariff rates from 10% to 125%, all American imports still face a general rate of 10%. This indicates that while investors experienced some relief, they are not entirely shielded from the effects of the trade war between China and America, which is projected to cause significant losses鈥攍ast year's total goods trade volume was approximately $585 billion.
U.S. imports from China totaled roughly $440 billion compared with China鈥檚 imports of around $145 billion from the U.S., resulting in a substantial deficit for 2024. According to World Trade Organization (WTO) predictions, deteriorating relations could reduce trade by up to 80%, or approximately $466 billion.
Over the past decade, America鈥檚 reliance on China has decreased; Trump's administration initially imposed high tariffs during his first term and these policies continued under Biden. Consequently, goods imported from China now account for about 13% of total U.S. imports compared to around 21% in 2016.
The combined economic weight of both nations is substantial鈥攁pproximately 43%. Therefore, full-scale trade wars could lead to a global recession and impact other countries as well. Analysts predict a significant risk (around 45%) of an economic downturn even after potential tariff reductions.
Dan Ives, a tech investor, noted that Wall Street awaits Trump's statements but warned of dire consequences if the U.S. continues its trade war with China. Despite this warning, Trump views his recent actions as victories and has been encouraging investors to buy stocks through social media platforms like Truth Social.
At NASCAR events in Washington D.C., a senator from Wyoming told him that he had demonstrated market acumen by causing an unprecedented increase of approximately 2900 points (equivalent to roughly 8%). The Dow Jones Industrial Average rose nearly 8%, the S&P 500 surged almost 9.5%鈥攊ts best day since 2008鈥攁nd Nasdaq climbed over 12%.
However, experts caution that despite this surge, uncertainties persist due to ongoing trade tensions between China and the United States, warning against assuming selling pressure has subsided following yesterday鈥檚 rebound. Stock markets have been volatile since Trump announced comprehensive tariffs on April 2nd; positive news can trigger a recovery.
While announcing an increase in tariff rates from 10% to 125%, all American imports still face a general rate of 10%. This indicates that while investors experienced some relief, they are not entirely shielded from the effects of the trade war between China and America, which is projected to cause significant losses鈥攍ast year's total goods trade volume was approximately $585 billion.
U.S. imports from China totaled roughly $440 billion compared with China鈥檚 imports of around $145 billion from the U.S., resulting in a substantial deficit for 2024. According to World Trade Organization (WTO) predictions, deteriorating relations could reduce trade by up to 80%, or approximately $466 billion.
Over the past decade, America鈥檚 reliance on China has decreased; Trump's administration initially imposed high tariffs during his first term and these policies continued under Biden. Consequently, goods imported from China now account for about 13% of total U.S. imports compared to around 21% in 2016.
The combined economic weight of both nations is substantial鈥攁pproximately 43%. Therefore, full-scale trade wars could lead to a global recession and impact other countries as well. Analysts predict a significant risk (around 45%) of an economic downturn even after potential tariff reductions.
Dan Ives, a tech investor, noted that Wall Street awaits Trump's statements but warned of dire consequences if the U.S. continues its trade war with China. Despite this warning, Trump views his recent actions as victories and has been encouraging investors to buy stocks through social media platforms like Truth Social.
At NASCAR events in Washington D.C., a senator from Wyoming told him that he had demonstrated market acumen by causing an unprecedented increase of approximately 2900 points (equivalent to roughly 8%). The Dow Jones Industrial Average rose nearly 8%, the S&P 500 surged almost 9.5%鈥攊ts best day since 2008鈥攁nd Nasdaq climbed over 12%.