Investors Hit the Brakes as Trade Policies Rattle Markets 🌍💥
Over $4 trillion in U.S. stock market value vanished in under a month, driven by growing fears over aggressive tariff policies. A CGTN poll of 7,875 global netizens revealed overwhelming skepticism about the economic strategy, with 86.8% blaming the market slump on declining investor confidence. 'Taxing all foreign products isn’t smart,' wrote one respondent—a sentiment echoed widely.
Tech Stocks Take the Heat 🔥
Recent tariff hikes on Canadian steel/aluminum to 50% triggered fresh chaos, accelerating sell-offs in tech stocks. Over 86% of poll participants called the moves 'erratic,' linking them directly to historic market volatility. Goldman Sachs added fuel to the fire by slashing its 2025 U.S. GDP growth forecast to 1.7%—the first downgrade in 2.5 years.
Global Domino Effect? 🌐⚠️
Over 85% fear 'America First' policies will stall worldwide economic recovery, while 76% see the stock crash as a recession warning. 'The U.S. is playing Jenga with the global economy,' said a social media comment, reflecting concerns that market tremors could go viral. Will tariffs backfire? 70.6% say yes—arguing the policies might 'sabotage' the U.S. economy itself.
Reference(s):
CGTN poll: Tariffs deal a heavy blow to U.S. market confidence
cgtn.com