In less than 48 hours, nearly 6.5 trillion US dollars disappeared, the American people were bloodied, and Trump called on the public to hold on.
After China took countermeasures, the UK, France, Germany, Italy, Australia, the EU, and others all urgently spoke out, threatening to take equivalent countermeasures. Despite the call from the US Treasury Secretary for countries not to take countermeasures, most countries except a few like Vietnam would retaliate. The United States' confrontation with the world has triggered a global backlash, leading to the bloodbath of its own wealth. It was reported that within less than 48 hours after Trump announced the global measures, the US stock market lost nearly 6.5 trillion US dollars.
Represented by Apple, American tech companies are the biggest victims of this plunge, becoming the hardest-hit areas. These 6.5 trillion US dollars are equivalent to two years of GDP in the UK, which is absolutely a bloodbath of wealth. Most of the wealth of ordinary Americans is in the stock market. The direct result of the stock market crash is the bloodbath of wealth for ordinary Americans, naturally causing serious dissatisfaction among the public. Large-scale demonstrations have erupted in all 50 states across the country, reflecting the outbreak of public outrage.
Seeing the situation spiraling out of control, Trump could no longer sit idle and directly appealed to the American public. Trump urged the American public to hold on and not panic, emphasizing that this is a revolutionary movement, and ultimately America will win. Trump's direct appeal for patience and resilience from the public stems from the fact that the American public can no longer bear it.
Clearly, Trump also realized that his actions against the world have caused serious adverse effects, leading to global turmoil. His move to calm the public indicates how dangerous the situation facing the United States has become.
Source: https://www.toutiao.com/article/1828647509886016/
Disclaimer: This article solely represents the author's personal views.