Trumpcession threatens the countries of the world..!?

While trump attacked only china in his first term, this was a trade war between the two countries. But in this term, the decision that all countries trading with America will be subject to retaliatory tariffs is shaking the very foundation of America. The trading recorded in the US stock market on monday and the huge decline recorded in the indian stock markets on tuesday are examples of this. Due to fears of a possible economic recession in the united states, the Street market lost $4 trillion in market value in Monday's trading. Asian markets also fell in response. As a chain reaction, markets in india, Europe, and britain also fell today. Fears of an economic recession in the united states have investors in global financial markets in a state of escape. Due to this, they are selling stocks and taking their money.
 Now it is clear why warren buffett is holding $300 billion in cash without investing. The value of the indian rupee also continued to decline due to the outflow of investments from the indian stock market today. The currency values of other Asian countries also fell for the same reason. The important problem in the US tax measures is that the US government is considering imposing taxes on indian goods, which has increased tension in the investment market. From April, the US government will retaliate by imposing reciprocal taxes on all countries trading with the US, i.e. the same tax that other countries impose on American goods. The biggest problem at present is the presence of india in this. Since india imposes a 9.5% tax on American goods and the US imposes a 3% tax on indian goods, there is a fear that the indian economy will be greatly affected by the US retaliatory taxes.
 Similarly, this has become a major headache for companies that came to india from china fearing the trump government's taxes. In this way, it is predicted that a recession will come when the whole world is against America and America is affected. The recession caused by these reciprocal tax policies of the trump government has been given a new name "Trumpcession". Economists are predicting that this economic slowdown will push the global economy into a state of uncertainty. You May Also Like The shock given by American companies.. including Indians.. everyone is panicking.. what is happening? Trump's prank has already disrupted many sectors and countries. In this situation, according to market forecasts, if the Trumpcession occurs in the united states, it will affect the employment and income of the people in 360 degrees. Trump's arrival in the American markets, which once gave investors confidence, has now turned into fear. The possibility of "Trumpcession" occurring in the next few months is high, due to which small investors to large investors are panicking and selling stocks.