Trump Tariffs Trigger Global Market Crash: Nikkei Plunges, Apple and Nike Shares Tumble

Western financial markets experienced a significant downturn following the introduction of new US tariffs under the Trump administration. The impact was widespread, with the S&P index futures falling sharply and the US stock market losing over \$2 trillion. Specific examples highlight the consequences: Japan's Nikkei index dropped by 3.4%, Apple shares declined by 7%, and Nike's stock price suffered a considerable decrease due to tariffs imposed on goods from Vietnam, where 50% of their products are manufactured. The US Treasury Secretary, Scott Bessent, urged affected countries to remain calm and avoid retaliatory measures, warning of potential escalation. The video underscores the global ramifications of trade disputes and the far-reaching effects of protectionist policies.