
Global Stock Market Declines including PSX Amid US Tariff
The PSX stock exchange lost 8000 points today, which is the highest decline ever in history due to the Donald Trump Tariff Wars. The Pakistan stock exchange is not the only stock exchange that has witnessed a decline, but it is an aftershock of international investors pulling out their investment globally and securing their money in gold or in other investment schemes, where they are at least sure that their investment won't turn negative.
Even the NSE (India Stock Exchange) has witnessed a decline of 3000 points, which is also one of the highest declines ever due to India also having been sanctioned a 26% tariff, which is the major reason the stock exchange fell. Moreover, every stock exchange that supports international investors has witnessed the worst decline ever, and investors are pulling out their money to secure their investment. Moreover, it is easy to assume and predict that there will be a global recession because once the tariff takes effect on 9th April, every product that is imported to the US will witness a massive price increase.
Additionally, when the price increases of imported products in the US, then their citizens' purchasing power will be badly affected, which will create unemployment, global recession, and hyperinflation, which will have a divesting effect on people financially. Moreover, some experts commented on the stock exchange issue, including experts in Pakistan, that it was expected that many international investors would today pull out their money because, after tariffs, the stock exchange for a short period of time won't be a safe investment and there won't be any growth for a short term.
Pakistan is engaging the US in talks on tariffs, and a US delegation is expected to arrive this week in Islamabad to resolve the issue and focus on mutual interest.