Trump's tariff tweet erased $1.36 trillion global stocks this week
Image Credit: shortpedia
Donald Trump's tweet on Sunday has hit the equity market globally. He tweeted about boosting tariffs on Chinese goods further, and as a result, the volatile index increased by 50% 2 days. The 102 words tweet has erased $1.36 trillion from global stocks. Each word of that market shaking tweet has erased $13 billion off stocks. With the new US-China trade war, only time will tell the final impact on the global economy.