The tariff shockwave sweeps the globe, with stock markets evaporating $10 trillion in a week (the Seven Injuries Fist hits very accurately)

The "reciprocal tariff" policy implemented by the United States has triggered severe fluctuations in the global Capital Market just one week after its launch. According to Bloomberg, since April 3, the global stock market's market capitalization has evaporated by over $10 trillion, equivalent to 40% of the EU's annual economic output. As the initiating country of the policy, the US stock market has been adversely affected— the overall market capitalization of the technology zone has shrunk by $1.65 trillion, with Apple Inc. experiencing a big dump of 23% in its stock price over four trading days due to its Supply Chain's heavy reliance on overseas markets, marking the largest weekly fall in recent years.

Market analysts point out that the spillover effects of this tariff policy far exceed expectations, impacting not only Sino-U.S. trade but also transmitting through the global supply chain to economies such as Europe and Asia. Investors are concerned that if the trade war continues to escalate, it may trigger a wave of profit warnings from multinational companies, further exacerbating market volatility. The global stock market has now entered a technical correction zone, and investors are closely watching the Federal Reserve meeting minutes to be released this week for clues on policy hedging.