Key Impacts of US Tariffs

The article reports on the negative impact of the US government's increased tariffs on Chinese goods, leading to a decline in US stock markets. This contrasts with the relatively better performance of Chinese and Hong Kong markets. The article highlights that the S&P 500 fell below 5000 points for the first time in a year, with the Dow Jones and Nasdaq also experiencing significant drops.

Comparative Market Performance

An interactive graph, sourced from Elos Ayta, Economatica, and Estadão/Broadcast, is mentioned to illustrate the comparative performance of US, Chinese, Hong Kong, European, and Brazilian stock markets since Donald Trump's inauguration. The graph demonstrates a more favorable performance for markets outside the US since the imposition of tariffs.

Tariff Details and Market Reaction

The article details the imposition of a 104% tariff on Chinese imports and additional tariffs on goods from other countries. Initially, markets opened higher, but this changed in the afternoon following confirmation of the additional 50% tariff on China, totaling 104%. The shift is attributed to the lack of revision of Chinese retaliatory tariffs.

Key Indices Performance

• Dow Jones: fell 0.84% to 37,645.59 points
• S&P 500: declined 1.57% to 4,982.77 points
• Nasdaq: dropped 2.15% to 15,267.91 points