arabic.euronews.com
Trump's Tariffs Trigger Global Market Crash
President Trump's 10% tariff on all imports, effective Saturday, and subsequent retaliatory tariffs targeting allies like the EU, South Korea, and Japan, caused a global market downturn. The Nikkei dropped over 3%, South Korea's currency reached a 16-year low, and US stock futures extended losses for a fifth day, as investors moved to cash.
- What are the immediate economic consequences of President Trump's latest tariffs on global markets?
- Global markets experienced a sharp decline following the imposition of US tariffs, with the Nikkei index dropping over 3% and South Korea's currency hitting a 16-year low. Investors sought safe havens in cash, causing significant losses in government bonds. US stock futures extended their losses for a fifth consecutive day.
- How did President Trump's trade policy, described as "hit first, then negotiate," lead to the current market volatility and requests for negotiation from various countries?
- President Trump's tariffs, described as "permanent" by a Republican leader, fueled investor fears and triggered the market downturn. His trade policy, characterized as "hit first, then negotiate," is pressuring multiple countries into negotiations, as evidenced by South Korea's and Japan's requests for talks. The 10% tariff on all imports began Saturday, with additional tariffs on Wednesday targeting allies including the EU, South Korea, and Japan.
- What are the long-term economic implications of this escalating trade conflict, and what potential future scenarios might arise from the actions of major players like China and the United States?
- The escalating trade war raises concerns about a global recession. China's vow to "fight to the end" suggests prolonged conflict, while countries like South Korea and Japan are seeking bilateral negotiations to mitigate the impact. The resulting economic uncertainty and market volatility may lead to further international cooperation attempts or potential trade agreements.
Cognitive Concepts
Framing Bias
The article frames Trump's tariff policies as the primary cause of the global economic downturn, emphasizing the negative consequences and downplaying other contributing factors. The headline (if there was one, which is missing from the provided text) likely reinforces this framing. The repeated use of words like "نزيف" (bleeding) and "مخاوف" (fears) contributes to a negative and alarming tone.
Language Bias
The language used is highly charged and emotionally loaded, contributing to a biased narrative. Words such as "نزيف" (bleeding), "خسائر فادحة" (heavy losses), and "استفزازية" (provocative) are not neutral and evoke strong negative emotions towards Trump's policies. More neutral alternatives could include 'decline,' 'substantial losses,' and 'controversial.' The repeated emphasis on fear and negative reactions further amplifies this bias.
Bias by Omission
The article focuses heavily on the negative economic consequences of Trump's tariffs, but omits analysis of potential positive effects or alternative economic perspectives. It also doesn't explore the long-term implications of these tariffs or consider the perspectives of economists who might disagree with the narrative presented.
False Dichotomy
The article presents a false dichotomy by portraying the situation as solely a conflict between Trump's policies and the negative reactions of other countries. It overlooks the complexity of global trade relations and the multitude of factors influencing economic downturns.
Gender Bias
The article mentions several male political figures, such as Trump and the Vietnamese deputy prime minister, but only one female figure, Giorgia Meloni. While this doesn't automatically indicate gender bias, it's worth noting the limited representation of women in this context of international economic policy.
Sustainable Development Goals
The article describes a significant downturn in global markets, with major stock indexes declining and currencies weakening. This economic downturn directly impacts decent work and economic growth by potentially leading to job losses, reduced investment, and slower economic expansion. The imposition of tariffs further exacerbates the situation, disrupting international trade and negatively affecting businesses and employment.