The world’s rich have been attacked. Trade wars over tariffs are so fierce that even though there are no bombs or guns, there is an explosion in the pockets of people all over the world.
Has Trump Imposed Tariffs on America and the World?
This level of work has been done by only one person in the world before Trump. He is also the only local global leader of India. Now the same work has been done by US President Trump by imposing tariffs on the global level.
You must remember the currency ban. The same kind of arguments were being given that the black money of the rich will be erased, the house of the poor will be filled with money. What is happening in the world? What will happen? Who has the answer to this question in your life? No one knows.
But are you really watching the attack on the rich? After getting out of their hands, the account is going to be divided among those 60-70% people who are poor. Or is the rich going to be controlled in a different way from behind this chaos?
Trump’s Secretary of State Scott Bassett has said that 88% of the stock market shares are in the hands of only 10% of the Americans. The remaining 12% of the stock is in the hands of 40% of the people.
The rest of the people, i.e. 50% of the people, have nothing to do with the stock market. So has Trump attacked 50% of the Americans? Do you remember India’s only local global leader’s statement during the currency ban? What did he say? That the rich have lost their sleep because of the currency ban. Those who have bundles of money in their house, are being thrown into the Ganges.
Look at the similarity in their thoughts. What happened after the currency ban? India, which was poor, became poorer. The poor and the ignorant people were given this argument that nothing was going wrong with them.
What is going to go wrong, will go wrong with the rich. But after the currency ban, the rich in India kept getting richer. Every year’s data says the same thing.
And the doors of opportunities for the poor kept closing. Is Trump really going to make 50% of the Americans rich? By attacking 50% of the rich who invest in the stock market. On Monday, April 7, when the Japanese market opened, the index of Nikkei fell by 8% as soon as it opened.
Japan’s Topic Index fell by 8.5%. After Japan, Taiwan’s index fell by 10%. Hong Kong’s index fell by the same. China’s Shanghai Index fell by more than 7%.
Singapore’s Straight Triangle Index fell by 5.5%. And South Korea’s Kospi Index fell by 4.5%. Australia’s S&P ASX Index fell by 206%. If any stock falls by more than 5% in a day, it is considered terrible. But here the market fell by 6%, 7% or 10%.
In other words, there was a loss of lakhs of crores in every market. In Australia’s share market, there was a loss of 160 billion dollars.
I mean loss. Loss and gain are both different things. There was a heavy drop in the European markets as well.
German index DAX and France index CAC fell by more than 6%. While Britain’s index FTSE fell by about 5%. During Covid, when the world closed down, the market fell at the same rate.
On one hand, Trump has spread Corona in the market. A drop of 2-3% only creates chaos in the market. Here, it has started to fall by 5%, 7% or 10%.
There was a doubt due to Trump’s tariff policy that there will be a drop in the market. But the market will start to fall so much that the economy will be in danger. Who had thought this? People in America are remembering 1987 when 22% of the market fell in one day.
It is called Black Monday. People had thought that in the first 7 months of 1987, America’s Dow Jones Industrial Average had increased by 44%. There will definitely be a bubble behind this.
The Currency Ban Echoes: Promises vs. Reality
The market will never increase this much. That was proved to be true and in August 1987, Dow Jones fell by 22.6% in one day. India’s market is falling as if it had taken a gulp of malt whisky from America.
On 7th April, the market opened. As soon as it opened, Sensex fell by 49% while Nifty fell by 1000. Nifty fell by more than 10% of the metal shares.
It was said that this happened due to Trump’s tariff policy. In total, in 5 minutes, the investors of India’s market lost 19 lakh crores. As soon as Nifty opened, it fell by 22,000.
Sensex fell by 73,000. In September 2024, it reached its highest level in history when it reached 86,000. In 6 months, Sensex fell by 13,000.
Sensex and Nifty were falling all day long. Till 10 am, there were trades in National Stock Exchange. Out of 2,668 shares, 2,534 were in negative.
While only 96 shares were seeing positive effects. In the morning, Sensex fell by 4,900. But it also improved by 1,600.
It closed at 73,137. Nifty also improved. Till 10.15 am, the stocks of 20 companies of Nifty were falling by more than 5%.
The company that made the most decline in fashion and beauty was Trent. Trent’s stocks fell by more than 17%. On 5th April, the stock closed at Rs.
5,562. On 7th April, the stock opened at Rs. 5,000.
By 10.20 am, it reached Rs. 4,488. Not a single stock of Nifty 50 was seen to be in positive.
With this, you can guess how the market was affected today. And how big companies were affected. Do you remember the math question? Remember.
The same is the case with the share market.
Singapore’s Prime Minister Lawrence Wong has addressed the nation. He has told his citizens about the impact of the US President’s decision.
He has said that Trump’s decision is dangerous. He has said that the US has created a global system with many shortcomings. But the US is destroying the system it has created for itself.
Prime Minister Lawrence said that Singaporeans are changing the world. This will cause great damage to a small economy like Singapore. Everyone is asking why India’s Prime Minister Narendra Modi is not saying anything about the impact of a big economy like India.
Singapore’s Prime Minister is saying that the world saw this for the last time in 1930 when World War II broke out. Why is India’s Prime Minister not saying anything? He has been establishing himself as a global leader for 10 years. And there is not a single word on such a big global event.
There has been a trade war in the world. And the Prime Minister Narendra Modi, who has worn a military uniform and is travelling in a warship, seems to have said bye to all of them. His thumbs up is telling them to take care of themselves.
Trump has said that 10 members of the ASEAN countries should work together to counter the US tariff. When we say together, the voices will be heard.
The worst impact of Trump’s tariff will be on the South Asian countries. If the ASEAN countries impose a retaliatory tariff, it can have a negative impact on India from all sides. Trump has imposed a minimum 10% tariff on every country.
But there are more than 60 countries that have been tariffed by more than 10%. There is so much to talk about. Everyone is talking about it.
An Attack on the Rich or a Mirage of Chaos?
The Prime Minister of India is the best. He did not say anything. So what can we say about Trump’s tariff? There is no need to write and research about it.
During this time, he went to Thailand and Sri Lanka. If you had heard any of his statements on tariff, it would have been the first headline in all the newspapers. The election of Bihar is only a few months away.
Otherwise, various speeches on Muslims would have started by now. Prime Minister Modi has tweeted some photos.
As the sun of Monday was rising in different parts of the world. It was rising from east to west. Terror was spreading due to the fall in the share markets.
There was no account of percentage and lakhs of crores. Okay, everyone is saying what is ours. The money of the rich people is getting in the soil.
But this is not completely true. Many investors who went to the share market to earn money, were pushed. They were told to go because interest is not getting in the banks.
In this decline, the money of the common people is also sinking. Or is it that only the 205 billionaires of India are affected by this storm? Not completely true. India has more than 18 crore DEMAT accounts.
In 2024, more than 450 million DEMAT accounts were opened. Every month, 38 lakh people opened DEMAT accounts. If you compare it with 2023, then in 2024, more than 33% accounts were opened.
These 18 crore DEMAT accounts are not only of Tata and Ambani. They are also of those who live in your town. They teach, do small businesses.
And do some kind of job. That’s why this happiness cannot be looted in this decline. That only the rich are getting ruined in the currency exchange.
The poor are enjoying. Common people were ruined in the currency exchange. And in this storm, common people are also getting ruined.
India’s market has been falling for 6 months. But the way it fell on Monday. As soon as it turned its head, the clouds that were falling from the sky also started falling in slow motion.
But the Trump for whom the people of India performed the Havan. That Trump has put their worship in the Havan Kund. It is happening on its own.
The youth of India is dancing with the flag on the gates of the shrines. Or in front of a mosque. On the strength of these youth, the dream of the Hindu nation is being realized.
And the pearl of the nation is being lost. This is not the youth fighting on the border. It is the youth who go to the neighborhoods of Muslims and incite them to fight.
But Trump has faith that his tariff policy will bring the dollar out of America. His minions are saying that factories will open. Which were opened in other countries to save tax.
And when they open in America, thousands of people will get work. But the way the stock markets are falling, it does not seem that the jobs are going to come. Trump has put a tariff on beer.
This is a sign that 100,000 jobs will go to Europe. Financial Times has written that by putting a 25% tariff on beer, the beer will become expensive, demand will decrease, production will be less, so more people will not be needed. Similarly, America also makes heavy use of coffee.
Coffee is not produced there. But there is a lot of waste. Now if coffee becomes expensive there, people will start drinking less.
Global Markets in Freefall: The Tariff Shockwave
What will happen with this is that it will affect the production of coffee in those countries where it is done. Trump and his supporters are saying that there is no need to be affected by the fall in the stock market. This is for a short time.
But his supporters also invest in this stock market. Will they be able to bear this loss for Trump’s dream? Trump is repeatedly saying that what he is doing, he knows very well what he is doing. It is possible that his supporters are the same people who are the supporters of the new bourgeois group.
But is the answer only in this? Is Trump creating a new populist world in the financial market? Where there will be no support or group will rule? It is difficult to believe at this time. In 1987, Trump published an article in the New York Times. At that time, he was only a businessman and away from politics.
He gave almost 100,000 dollars for that invention. In which Trump said that the US did not benefit from the global currency. This increased Japan’s trade profit.
The demand for military aid increased for the supporters. And the dollar became stronger. Manufacturing sat down.
The way to fix this is that the US should end its trade deficit. End the tax and let the economy grow. Trump is still on this thought and he is doing the same.
It is amazing. When the loan was coming, protests were taking place all over the world and especially in India against the US. In those demonstrations, people were waving the US flag and calling him a villain who swallowed the world’s agriculture and jobs.
But a big businessman of the same US has been saying since then that the US has been depleted by the global currency. And now he is ending the global currency by becoming the same president. White House is excited.
In March, 2,28,000 jobs increased in the US. Is this because of trade policy? The impact of the trade war in the world cannot be seen now. But Trump says that his policies are not going to change.
Trump and his supporters are not moving from the destruction of the share market at all. While demonstrations are taking place all over the US. Trump supporters are calling these demonstrations intentional.
But will Trump really be unaware of this? That the currency is sinking. There is chaos in the market for the benefit of the US. Trump claims that he wants to make America great by giving work and money to this lower class.
But is his way right? Will the world become America of Trump’s dreams by destroying the world? There are only people in the world who can wait to see the fulfillment of Trump’s dreams. Because there are only people in the world who are waiting for the fulfillment of the dreams of the currency.
The director of the National Economic Council, Kevin Hassett, has said that more than 50 countries have called the White House to discuss tariffs.
This is Stephen Mirren, Chairman of the Council of Economic Advisers of Trump. In 2024, he wrote a paper that it is not possible to get low-paid jobs in the textile sector.
But because of tariffs, high-end manufacturing can be done in America. Jobs can be obtained. Scott Bassett has said that the crash of the stock market is a short-term reaction.
There is no hope of recession. When the media asked Trump a question about the crash of the stock market, Trump said that he does not want anything to go down. But sometimes medicine has to be given to fix some things.
It cannot be denied that in the era of borrowing, factories of American products have opened in many countries of the world. People have got work there. This has ruined the condition of the lower class of America.
India’s Silence Amid the Storm
What will happen to the iPhone factory in India if the iPhone factories in the world go to America? What will happen to the thousands of people working there? Will PM Piyush Goyal say something on this? Where are these two PPT presenters? They have stated that Apple will make 25% iPhones in India. In the first seven months, Apple has made an iPhone worth $10 billion in India. Out of this, $7 billion of iPhones have been sold.
In four years, Apple has created 2.75 lakh jobs. In August, Apple told the government that by the end of the year, it will create 6 lakh jobs in India. 2 lakh jobs will be given directly.
America is celebrating the growth of 2.5 lakh jobs. But what will be the effect of 6 lakh jobs in India? The minister is not saying anything.
Keep screaming, keep shouting that India’s share market has sunk.
Not today, it has been falling for 6 months. This will affect jobs. Prime Minister Modi will not speak even then.
Why does the Congress want Prime Minister Modi to speak? When their work is being done from Sambhal to Vakbabil, then why should he speak on tariffs from the prices of petrol? What effect will it have on India?
The mango season is anyway near. At this time, an interview should be held with him about mangoes, not about Trump. Forget about Prime Minister Modi.
Let’s focus on TSA Trump and TSA Tremor. Trump thinks that America has been looted by friends and enemies. Trump wants to show that America has been affected by global warming.
Whereas the second opinion is that America has been able to become a much more successful country than before due to global warming. Financial Times Sam Fleming and Delphine Strauss have written that Trump’s mind is of 1950s America when America used to be prosperous. Common America used to look rich.
At that time, Germany was not so rich and China did not rise. But in these 75 years, the world has completely changed. The world lives in a global system.
America is no longer a manufacturing hub in the global economy. People have lost faith that America can prosper by following the old path. Trump’s anger is filled with these things.
There used to be talk of win-win in the global era. But Trump thinks that there is only one winner in bargaining. Both sides are not there.
Trump believes that there is only one winner. Will the trade war that has erupted at this time be decided so soon? Or will America have to wait for a long time for Trump’s dreams to come true? There are 100 flaws in the current new financial system. There is no need to be deluded by this.
Trump’s Vision: Jobs, Factories, and a New Economic Order
This system has collected all the world’s wealth in the hands of 10% people. Economic inequality has continued to increase. Will Trump really break this group of 10% people? Trump did not spare anyone in tariffing.
We don’t know how long this will go on. America will be good for America. So how will India be good for India? What effect will it have on those people who have taken a loan of crores of rupees to study in America? They are working in America.
They want to do it. No one knows anything. Only high market is happening.
Like the 1930s Mahamandhi, doubts are being raised. The doubts of the 1930s Mahamandhi have been shown many times. Will it really happen this time when Trump was not there?
Will all countries come under the pressure of tariffs and start buying defense equipment from America? Will they go around Trump’s court to buy natural gas? And what America will say, they will start buying it.
Can this happen? This can happen. How happily the people of India were buying petrol from Rs. 95 to Rs. 100. Not from today, but for many years. Today, when the price of crude oil fell in the international market, to increase the happiness of the people, the Indian government increased the price of petrol and diesel by Rs. 2-2 more.
Central production costs have been increased on petrol and diesel. Gas cylinder Ujjwala and for common consumers, Rs. 50 has also been made expensive. Petroleum Minister Hardeep Singh Puri gave information that
Congress President Malik Arjun Kharge has said, Wow, Modi ji, wow! In comparison to May 2014, the price of crude oil in the international market has fallen by 41%.
But your corrupt government, instead of reducing the price of petrol and diesel, has increased the Central Excise Duty by Rs. 2.
You will not get peace of mind if the small investors in the share market sleep on the tariff policy. That’s why your government has come to sprinkle salt on the fire.
Because of Trump, within a week, the price of crude oil in the international market has fallen by 10%. On 7th April, the price of crude oil in the international market fell by 3%. 63.30 dollars per barrel.
Even then, the price of crude oil did not fall. Instead, in the share market, there was a heavy fall in the oil companies’ shares from ONGC. And the Indian government made petrol expensive.
A Trade War Without End: What Lies Ahead?
Have you noticed that even the industrial leaders of India are not saying anything? The industrial leaders do not know how to say anything other than Modi. According to them, has nothing happened in the world that needs to be said? Saints, this is the village of the dead. Remember Kabir, sing.
The saints are dead, the prophets are dead. The living are dead. The king is dead, the subjects are dead.
The pious and the sick are dead. Do not be under the illusion that only the rich will die from this attack of Trump. Everyone will die.
Or to say that Trump will destroy the group of rich born in the era of Nav Udarbad. Unbelievable. Who has ever harmed the rich in the world? At present, no one is able to stand in front of Trump.
Will America drown alone in this war or will it drown with everyone? Listen to Kabir and curse fate.
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