{"id":190018,"date":"2025-10-11T14:18:13","date_gmt":"2025-10-11T12:18:13","guid":{"rendered":"https:\/\/serbiantimes.info\/en\/?p=190018"},"modified":"2025-10-11T14:18:14","modified_gmt":"2025-10-11T12:18:14","slug":"panic-on-wall-street-trump-severely-shook-the-economy-with-the-announcement-of-new-tariffs-7-5-billion-vanished-in-one-hour","status":"publish","type":"post","link":"https:\/\/serbiantimes.info\/en\/panic-on-wall-street-trump-severely-shook-the-economy-with-the-announcement-of-new-tariffs-7-5-billion-vanished-in-one-hour\/","title":{"rendered":"PANIC ON WALL STREET: Trump severely shook the economy with the announcement of new tariffs, $7.5 billion vanished in one hour!"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">U.S. President Donald Trump has once again rattled the global economy with the announcement of new trade measures against China. Just a few months after Washington and Beijing attempted to stabilize relations, Trump announced that starting next month, the United States will impose an additional 100% tariff on Chinese goods, along with stricter controls on the export of American software.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">His statement triggered a chain reaction \u2014 from stock market drops to a historic shock on the crypto market, where more than $7.5 billion disappeared in just one hour.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Trump accuses Beijing of \u201cholding the world hostage\u201d<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On the social network Truth Social, President Trump accused China of becoming \u201cvery hostile\u201d and attempting to \u201chold the world hostage\u201d through its control of rare metals and raw materials essential for global technology.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">His reaction came shortly after Beijing tightened rules for exporting rare earth metals, key for the production of cars, phones, and chips. Trump threatened to cancel his planned meeting with Chinese President Xi Jinping but later said he was \u201cnot sure the meeting will take place at all.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI\u2019ll be there regardless,\u201d he told reporters at the White House, stressing that \u201cthe U.S. will no longer tolerate China\u2019s market manipulations.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-serbiantimes-info wp-block-embed-serbiantimes-info\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"qEsSXykOYi\"><a href=\"https:\/\/serbiantimes.info\/sokantna-tvrdnja-trampa-predsednik-sad-otkrio-da-ga-je-dobitnica-nobelove-nagrade-za-mir-pozvala-i-rekla-da-je-on-zasluzio-da-je-dobije\/\">\u0160OKANTNA TVRDNJA TRAMPA: Predsednik SAD otkrio da ga je dobitnica Nobelove nagrade za mir pozvala i rekla da je on zaslu\u017eio da je dobije!<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#132;\u0160OKANTNA TVRDNJA TRAMPA: Predsednik SAD otkrio da ga je dobitnica Nobelove nagrade za mir pozvala i rekla da je on zaslu\u017eio da je dobije!&#147; &#8212; Serbiantimes.info\" src=\"https:\/\/serbiantimes.info\/sokantna-tvrdnja-trampa-predsednik-sad-otkrio-da-ga-je-dobitnica-nobelove-nagrade-za-mir-pozvala-i-rekla-da-je-on-zasluzio-da-je-dobije\/embed\/#?secret=3f3rBYKjwV#?secret=qEsSXykOYi\" data-secret=\"qEsSXykOYi\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Panic on Wall Street and crypto crash<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Trump\u2019s words immediately affected financial markets. The Dow Jones fell by 1.9%, the S&amp;P 500 by 2.7%, and the Nasdaq lost 3.5% of its value \u2014 marking its steepest daily decline since April.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The crypto market reacted even more violently: within 60 minutes, investors lost more than $7.5 billion. The biggest losses were recorded in Bitcoin (down $1.83 billion), Ethereum ($1.68 billion), and Solana ($614 million).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the Coinglass platform, over the past 24 hours, more than $9 billion in positions were liquidated, and as many as 1.4 million investors were forced to close their trading accounts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Analysts from Valuermarket described the event as \u201cthe largest single-day liquidation in the history of digital assets.\u201d Bitcoin\u2019s price fell from $122,000 to $105,000 \u2014 one of the steepest drops in its recent history.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The U.S. economy depends on China<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Although Trump is trying to portray China as the main adversary, the economic interdependence between the two nations remains immense. The United States still depends on Chinese goods worth hundreds of billions of dollars, including electronics, clothing, and furniture.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For years, the president has urged American companies, especially in the tech sector, to bring production back to the U.S., but many have opted for a compromise: investing in domestic factories while keeping most of their production abroad.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In April, Trump imposed tariffs of 145% on Chinese goods but soon exempted electronic products, reducing the tariff to 20% \u2014 a move many economists interpreted as an acknowledgment that overly harsh tariffs could seriously harm the U.S. economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Temporary truce turns into a new trade war<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In May, U.S. and Chinese officials tried to ease tensions \u2014 agreeing on mutual tariff reductions. China cut taxes on American exports from 125% to 10%, while the U.S. reduced its tariffs from 145% to 30%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That deal briefly calmed markets, and both countries\u2019 stock exchanges rose. However, Trump\u2019s new announcement effectively erases that temporary truce and returns the world to the atmosphere of a trade war.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis is a return of economic nationalism in its purest form,\u201d analysts from the <em>Financial Times<\/em> assessed. \u201cTrump is using tariffs as a weapon \u2014 not only against China but against global dependence on Chinese production.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Markets await the next move<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Trump\u2019s administration insists that the new tariffs will \u201cprotect American workers and restore domestic manufacturing.\u201d However, markets remain fearful of a domino effect. If Beijing retaliates with countermeasures, the consequences could be felt worldwide \u2014 from Silicon Valley to the Shanghai Stock Exchange.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors remain cautious, and many analysts warn that Trump\u2019s trade decisions, combined with crypto market instability, could mark the beginning of a new wave of global financial uncertainty.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><mark style=\"background-color:#FFFFFF;color:#d21414\" class=\"has-inline-color\">MORE TOPICS:<\/mark><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/serbiantimes.info\/en\/russian-ambassador-sanctions-against-nis-are-exclusively-a-political-decision-we-continue-to-support-belgrade\/\" target=\"_blank\" rel=\"noopener\" title=\"\">RUSSIAN AMBASSADOR: Sanctions against NIS are exclusively a political decision, we continue to support Belgrade!<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/serbiantimes.info\/en\/fss-on-the-incident-before-the-match-with-albania-albanian-arrested-due-to-ovk-symbol-strict-controls-at-the-stadium\/\" target=\"_blank\" rel=\"noopener\" title=\"\">FSS ON THE INCIDENT BEFORE THE MATCH WITH ALBANIA: Albanian arrested due to OVK symbol, strict controls at the stadium!<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/serbiantimes.info\/en\/us-embassy-spoke-out-sanctions-against-nis-are-not-directed-against-the-serbian-people-but-against-russia\/\" target=\"_blank\" rel=\"noopener\" title=\"\">US EMBASSY SPOKE OUT: Sanctions against NIS are not directed against the Serbian people, but against Russia!<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/serbiantimes.info\/en\/punishment-due-to-support-for-students-celebration-of-the-day-of-the-63rd-brigade-without-veterans-and-families-of-fallen-comrades\/\" target=\"_blank\" rel=\"noopener\" title=\"\">PUNISHMENT DUE TO SUPPORT FOR STUDENTS: Celebration of the Day of the 63rd Brigade without veterans And families of fallen comrades!<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/serbiantimes.info\/en\/greek-paid-the-price-for-a-bad-start-crvena-zvezda-sacked-giannis-sfairopoulos-foto\/\" target=\"_blank\" rel=\"noopener\" title=\"\">GREEK PAID THE PRICE FOR A BAD START: Crvena Zvezda sacked Giannis Sfairopoulos! (FOTO)<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><strong>Source<\/strong>:&nbsp;<\/strong>Nova&nbsp;<strong>Foto:<\/strong>Reuters \/ Carlos Barria<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. President Donald Trump has once again rattled the global economy with the announcement of new trade measures against China. Just a few months after Washington and Beijing attempted to stabilize relations, Trump announced that starting next month, the United States will impose an additional 100% tariff on Chinese goods, along with stricter controls on [&hellip;]<\/p>\n","protected":false},"author":2169,"featured_media":174477,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"footnotes":""},"categories":[6],"tags":[9151,24,349,9152,353,9153],"class_list":["post-190018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-america","tag-berza","tag-donald-tramp","tag-ekonomija","tag-haos-na-berzi","tag-kina","tag-potres","entry"],"aioseo_notices":[],"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Serbiantimes.info EN","distributor_original_site_url":"https:\/\/serbiantimes.info\/en","push-errors":false,"_links":{"self":[{"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/posts\/190018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/users\/2169"}],"replies":[{"embeddable":true,"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/comments?post=190018"}],"version-history":[{"count":4,"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/posts\/190018\/revisions"}],"predecessor-version":[{"id":190059,"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/posts\/190018\/revisions\/190059"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/media\/174477"}],"wp:attachment":[{"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/media?parent=190018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/categories?post=190018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/tags?post=190018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}