New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Bottom in the stock market due to Trump's tariff policy.
As of March 10, 2025, the situation really looks tense: after Trump imposed a 25% tariff on imports from Canada and Mexico and raised tariffs on Chinese goods from 10% to 20%, markets reacted with a sharp drop. The S&P 500 index, for example, lost all of its post-election gains, slipping 6.4% from its record high. Tesla shares, which initially soared due to the euphoria surrounding Musk's ties to Trump, have collapsed 45% from their peak in late 2024. Even Bitcoin, despite Trump's promises of crypto reserves, has not resisted and is falling.
The reason is simple: investors hoped that Trump would use the tariffs as a negotiating tool rather than go into a full-blown trade war. But the reality turned out to be different - Canada responded with 25% tariffs on American goods, China is preparing countermeasures, and supply chains are bursting at the seams. This creates uncertainty that markets hate. Add to this the fears of a recession in the United States, and the picture becomes even bleaker.
On the other hand, some sectors, such as defense in Europe, on the contrary, are growing as countries prepare to compensate for trade losses. And Trump himself may reconsider tariffs if business pressure becomes stronger. So far, yes, the stock market is really "flying in the ass", but this may be a temporary shock. Do you think this is just panic or the beginning of a serious crisis?