Trump Tariffs Cause $6,4 Trillion Loss, Tesla Stock Plummets 10% - U.S. is in Crisis.

America in Financial Turmoil: Trump Wipes Out $6.4 Trillion in Just 48 Hours – Tesla Stock Plunges 10%

In just 48 hours, the United States was hit by a financial earthquake of historic proportions – $6.4 trillion vanished from the stock market. Tesla plunged 10%. Wall Street trembled. And Donald Trump? He was… playing golf.

A Tariff Strike That Shattered the Economic Fortress

In a move widely regarded as reckless – if not downright insane – former President Donald Trump reignited the global trade war by issuing a sweeping executive order slapping a 10% tariff on all imports, from shoes and cars to food and tech. The numbers were staggering: 25% on foreign cars, 34% on the EU, 46% on Vietnam, and 40% on Taiwan.

Before anyone could make sense of the chaos, the financial markets nosedived.

The Dow Jones, S&P 500, and Nasdaq – the three pillars of the U.S. economy – all plunged simultaneously. Millions of Americans watched their retirement accounts, 401(k)s, and savings evaporate faster than a backyard BBQ beer on a summer afternoon.

“I Didn’t Lose Anything – Only the Weak Do”

As Wall Street burned red like a wildfire, Trump took to social media to declare: “Only the weak lose.”

Not a word of concern for ordinary Americans. No plan to calm the markets. Just a flippant taunt, as if this were some twisted game – and chaos was the prize.

To make matters worse, Trump accused countries like Vietnam and Taiwan of being “freeloaders,” insisting that America needed to “take back what’s ours.” Emotionally charged, baseless rhetoric – and yet, it was enough to spark global outrage.

When Corporations Tank and the Poor Pay the Price

Apple, Tesla, Qualcomm, Whirlpool – global supply chain giants – were the first to fall. Tesla alone shed 10% of its value in a single morning. Investors panicked. The elderly wept. Young Americans asked themselves: “Is there even a future if prices keep rising and wages don’t?”

From grocery stores to gas stations, Americans are now paying more for every loaf of bread, every gallon of fuel. And the White House? They’re still insisting this is “the greatest tax reform ever.”

Only problem? That “reform” is draining American wallets faster than ever before.

The Cost of Isolationism

Trump calls it “Trade Liberation Day” – ripping up trade agreements and building tariff walls. But for investors, it’s “Economic Doomsday.”

Japan, the EU, Canada, Mexico – all hit back with retaliatory tariffs. Global supply chains seized up. U.S. exports stuck at ports. And American farmers – long-time Trump voters – are now crying out as their soybeans get rejected around the world.

Ông Trump nêu điều kiện đàm phán thuế đối ứng | Báo Pháp Luật TP. Hồ Chí Minh

Former Mexican Deputy Foreign Minister Julián Ventura warned: “The U.S.-Mexico supply chain supports over 14 million jobs. If it collapses, it won’t just be factories that fall – the entire labor and consumer economy will crash.”

“The Great Depression 2.0 Is Playing Out Before Our Eyes”

Economists are now comparing this moment to the infamous Smoot-Hawley Tariff Act of 1930 – the very law that plunged the U.S. into the Great Depression.

Mark Zandi, Chief Economist at Moody’s Analytics, didn’t sugarcoat it:
“If Trump follows through with a 20% tariff plan, unemployment will spike above 7%. The economy will fall into recession before the government collects a single cent.”

Even a 15% tariff, Zandi warned, would be enough to send America into a full-blown economic nosedive.

When the People Rise Up

From New York to D.C. to Los Angeles, protests erupted with a simple message: “Trump is destroying America.”

The hashtags #TrumpIsDestroyingAmerica and #ResistTrump shot straight to the top of Twitter. Social media exploded with satire videos, impeachment calls, and a tidal wave of despair.

Warren Buffett – one of the country’s most legendary investors and once a Trump ally – publicly slammed the policy:
“This will punish hard-working American families. It does nothing for the economy.”

The Big Question: Does Trump Even Know What He’s Doing?

Maybe he thinks he’s rebuilding the country. But in reality, America is being isolated, paralyzed by backwards trade policies – while millions of citizens are left shouldering the burden.

The real question isn’t “Is Trump right?” anymore.
It’s:
“Is he driving us into a nightmare we’ll never wake up from?”