The stock market launched at Missives Social Media Truf


Friday 23 May 2025 17:17

Traders work on the New York Stock Exchange floor after the US FELL stock market (photo by Spencer Platt/Getty Images)

Stock markets worldwoman felt the “cold wind” from Donald Trump’s latest trading Salvos on Friday after the US president vowed to collect import tariffs from Europe and all Apple products made outside the US.

The American S&P 500 index opened 1.62 percent because traders peel the bet on US shares in response to new developments in the long -lasting Trump trading story.

The stock in Apple opened 3.72 percent lower, responding to the changing president’s promise to collect 25 percent import tax for all iPhones made outside the US.

Writing social truth, Trump confirmed that he had “told Tim Cook about Apple” that he hoped that all iPhones sold in the US were made in the US, “not India or other places”.

“If that is not the problem, the 25 percent tariff must be paid by Apple to the US,” he added.

A few minutes later, Trump posted another ‘truth’ that promised to collect a 50 percent tariff at all countries’ imports from the European Union since early June.

Euopean shares all fell sharply on the news. The Pan-European StoxX 600 index fell only by two percent after Salvo trading, pushing to the weekly fall for the first time in more than a month.

The Blue-Chip index in France and Germany also fell. Dax Paris’ Cac and Frankfurt each fell 1.65 percent and 1.54 percent.

Susannah Streeter, Head of Money and Market in Hargreaves Lansdown, said: “Trump has explained that the EU is still in cold when it comes to trade negotiations and that makes shivering through the European stock market.

“While the US government has shown a willingness to mediate an agreement with other countries around the world, the cold tone of the President against Europe has triggered a new fear that punishing tariffs can be a reality for the block.”

Bearish sentiment also spilled into the equity listed in London. FTSE 100 fell by 1.35 percent immediately after Trump issued his social media posts, before peeling back almost all the losses to close 0.24 percent.





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Originally posted 2025-05-23 18:52:53.

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