The world markets fell on Wednesday after President Donald Trump unveiled his prices long expected in an address to the Rose Garden of the White House, sending shock waves via stock market indices and actions of companies which depend on the world supply chains.
Us Stock Futures, which indicates market management once regular trading begins Thursday, reacted instantly. The term contracts on S&P 500 fell by 3.5%, while the term contracts on the NASDAQ 100 dropped by more than 4.3%. Dow Jones Industrial Average Futures completed up to 1,000 points.
Fueled by anxiety in the face of pricing policy often outside of Trump, Wall Street has already listed his injuries after finishing the worst quarter since 2022.
The market has slightly climbed forward the pricing announcements of Trump’s “Liberation Day”, investors looking at the potential of a softer approach to trade policy. But they were caught off guard by the scope of a 10% rate on all business partners, alongside what Trump described as “reciprocal” prices exceeding 20% on certain countries.
The share of companies which depends on the world supply chains has been touched.
In discussions after opening hours, Apple Walmart and Nike actions fell 7%, while Amazon dropped by 6%. Nvidia, which relies on manufacturing abroad for some of its advanced chips, was down by almost 6%.
Regarding the reaction of the market after working hours, the host of CNBC, Jon Fort, said that he had “never seen anything like it”.
“This – I think, just to say – is worse than the worst case of the prices that many on the market expected the president imposing,” said Fort.
Gold has reached a new record of nearly $ 3160 for an ounce as ingots – one of the rare products exempt from prices, according to an information sheet of the White House – increased up to 0.8% to Thursday open in Asia. Investors flocked to precious metal in 2025 in a flight to safety in increasing macroeconomic uncertainty.
Mexico and Canada have not been affected by fresh rates, although those previous remain in place. The goods of Mexico and Canada which meet the requirements of the USMCA trade agreement will also be always exempt from prices, with the exception of automotive imports, as well as steel and aluminum, which are subject to previous prices implemented in March.
It is not known how the administration has calculated the prices that other countries impose in the United States, or if the prices are really “reciprocal”. There is no official file showing that the European Union has a rate of 39% on American products, or that Japan has an obligation of 46% on the products of the United States, among the dozens of other figures unveiled on Wednesday.
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