The impact of "reciprocal tariffs" has caused the global stock market value to shrink by $10 trillion

PANews reported on April 9 that according to CCTV Finance, citing statistics from Bloomberg, the so-called "reciprocal tariffs" announced by the United States have severely impacted the international capital market. Since the 3rd of this month, the market value of global stocks has shrunk by $10 trillion, slightly more than half of the EU's GDP. Among them, the US stock market itself has suffered heavy losses, and the market value of the seven major technology giants in the US stock market has evaporated by a total of about $1.65 trillion during this period. Among them, Apple's product manufacturing is highly dependent on the US overseas supply chain. In the past four trading days, its stock price has fallen by nearly 23%.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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