Donald Trump says “time to become rich” while Dow Jones Crash stimulates the recession.

The commercial struggle triggered by the reciprocal prices of Donald Trump aroused fears that global economies hinder a recession.

While the Dow Jones dropped by 5.5%, the S&P 500 saw a dive of 5.97% on Friday.

The losses caused by the market of the market following the prices of the “liberation day” of Donald Trump were estimated around 6 billions of dollars, according to an AFP report. The lost money mainly explains the investment and retirement portfolios of the American people.

President Trump, however, seems to be determined to respect his pricing decision, rejecting the market crash as an “excellent moment to become rich” and adding that his policies “will never change”. In an article on his own social media platform Truth Social, Trump wrote: “For the many investors who enter the United States and invest sums of massive money, my policies will never change. This is the ideal moment to become rich – to win that never before !!! ” in all the caps.

“ The big companies that are not worried ”

Trump sought to defend his decision by saying that she would “overeat” the economy of the United States and that large companies are not worried about the prices. “Large companies do not worry about prices, because they know that they are there to stay, but they focus on the big and good affair, which will overcome our economy. Very important. At the moment !!!” He said.

Trump’s confidence seems to come from the conviction that prices will oblige companies to start production on American soil rather than import, which will contribute to overthrowing the American economy and creating jobs for the people of the country. However, this seems to be a long -term shot, at least for the moment.

China reprisals

After China retaliated against Trump’s prices with a 34% function in the United States, which will come into force on April 10, the apparently unconscious president said that the country had panicked. “China has played badly, they panicked – the only thing they can’t afford to do!” He wrote.

By refusing to take what the United States is launching its way, China has also threatened that it will continue the United States to the World Trade Organization on its prices.

In another major decision, China has restricted the export of rare earth elements such as samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium. The restriction of these elements, which are used in high -end medical and electronic technologies, have put several American industries in danger.

The United States depends strongly on China for the elements of the rare land, which is the largest exporter of these compounds. According to USGS, 70% of American imports of compounds and rare land metals from 2020 to 2023 came from China, said a Bloomberg report.

What is recession?

American prices have sent not only the American, but markets around the world, constituting a threat of potential recession.

According to the IMF, although there is no official definition of the recession, it is general that the term refers to a period of decline in economic activity.

Very short periods of decline are not considered recessions. Most commentators and analysts use, as a practical definition of recession, two consecutive quarters of decline in the real gross domestic product (adjusted to inflation) of a country.

With the agency’s entries.