CNBC Daily Open: Trading wars begin

US President Donald Trump’s tariffs and subsequent actions of other countries took a shadow over investor portfolios. The markets have largely fallen across the world after the announcements, and the sale extends on Monday.

Trump and Its administration caused the callWith the US president who said “it will not just” and calls Americans to “hang” in Truth social post Late Friday.

Over the weekend The European Union has been reported To also prepare tariffs, focusing up to $ 28 billion, noting the latest escalation in this conflict. China and Canada Last week also announced the preservation.

With such losses on the market, predicted rise in consumer prices and increasing the risk of recession from tariffs, it is difficult to find out what a “victory” for Trump, which in 2018 said, “Trading wars are good and easy to win!“

– Lim Hui Jie

Markets that are set up to expand the loss
American futures fell On Sunday night, having set the third day of loss after the two -day historical stock market. Dow Jones Industrial Maven Futures It fell on 1531 points, or 4% on Sunday night, pointing to another hard meeting on Monday. S&P 500 futures shed 4%. Nasdaq-100 futures lost 4%. On Friday, Dow and S&P 500 saw their worst losses Since 2020, while the NASDAQ Composite has entered the bear market after recording 6%.

Crypto joins the ROUT market
Bitcoin fell below level of 79,000 dollars On Sunday, as investors are attracted to greater instability of the financial market. Cryptocurrency decreased by 15% in 2025 and, missing cry-specific catalystIt is expected that in tandem with stocks, as the fighting from the world recession is obscured by any regulatory winds that the crypto is expected to benefit this year.

“Tariffs go”: Secretary of Trade Lutno
Secretary of Commerce Howard Lutnit said The White House will not postpone The start date on April 9 for mutual tariffs. Saying with CBS “Nation’s face” On Sunday, Lutnik said, “They are definitely going to stay in place and weeks,” adding “global trade.

The infant rejects the fears of the recession
Finance Minister Scott Severse on Sunday dismissed Americans’ problems Perhaps about the potential recession and the status of their pension plans, saying that President Donald Trump and his administration “build long -term economic foundations for prosperity”. Speaking in front of NBC News “Meet The Press”, the infamous called it a “false story” that Americans close to retirement can do so after their retirement savings may have abandoned the decline of the stock market. “In fact, most Americans do not have everything on the market,” the infamous added.

(Pro)

Market Berkshire Hathaway Weathers
Warren Buffett Berkshire Hethai race Better than S&P 500 In a tough week, when investors have taken the safety of a rich monetary conglomerate, seeing softer losses compared to a wide market index. Berkshire, oriented at an internal level, which also owns a large production, energy and retail business, this year has increased about 8%.

China says the “market spoke” after Trump tariffs cause world stocks,

Chinese Foreign Ministry on Saturday He said that “the market spoke” after the introduction of new tariffs and urged the White House to discharge the escalation trading war through “consultation with an equal foot”.

This happens like American markets fell sharply The second day in a row on Friday, with all three major indexes drops more than 5% as part of a Global section.

Market shocks were deteriorated on Friday when China’s Finance Ministry in China announced This will impose 34% tariff on all goods imported from the US since April 10.