Markets: Global markets recover

The decisions taken by US President Donald Trump have become a topic of discussion all over the world. The US is taking a tough stance by imposing heavy tariffs on products from all countries, regardless of whether they are enemies or friends. As the prices of essential goods are sure to increase due to the increase in tariffs, people in America are lining up at shopping malls. Especially, purchases of electronic goods and household items are increasing drastically. The tariffs announced by the Trump government came into effect from April 5. Although a 10 percent tariff was initially imposed, it was revealed that the remaining part will be collected from April 10. However, since there is a grace period until May 27 for some imports, people are interested in purchasing goods before that. On the other hand, massive job cuts have started in America. 20 thousand people have been laid off from the revenue services. Trump announced that the job cuts are being imposed to reduce costs. Is Trump running a company with tariffs and taxes? It raises suspicions as to whether he is running the country. Trump's corporate culture has become a hot topic in America. Not only economists but the whole world is expressing concern over Trump's tariffs. Against this backdrop, domestic markets unexpectedly collapsed yesterday. Stock markets, which collapsed in the last session due to Trump's tariff policies, are rebounding today.

Stock markets

Asia-Pacific markets also recovered today. US markets are also expected to gain in today's session. Markets are gradually recovering from the impact of Trump's announcements. Stock markets, which collapsed in the last session due to Trump's tariff policies, are recovering today. While the Sensex started trading with a gain of over 1100 points , the Nifty rose again to the 22,500 mark. At 9.30 am, the Sensex gained 1180.73 points to 74,318.63, and the Nifty was trading at 22,522.60 with a gain of 361 points. Meanwhile, domestic markets collapsed unexpectedly yesterday. By the end of trading, the Sensex had lost 2,226 points to 73,137. The Nifty lost 742 points to 22,161. 

Economists are concerned

Economists are expressing concern over Trump's actions. They are warning that the tariffs will increase the prices of essential goods and lead to higher unemployment and inflation. This will further worsen the US economy.DangerFormer President Obama believes that there is. He said that America has nothing to lose with Trump's tariffs. Obama said that the latest developments are worrying. 

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