In a dramatic twist that has everyone talking, a recent CGTN poll reveals that global netizens are seriously skeptical about the new U.S. tariff policies. In less than a month, an astonishing $4 trillion in market value vanished—an eye-opener that sends chills down the spines of investors around the world. 😱
A CGTN survey, which gathered the opinions of 7,875 netizens across English, Spanish, French, Arabic, and Russian platforms in just 24 hours, shows overwhelming concern. An impressive 86.7% of respondents viewed U.S. leader Trump’s claim that "we cannot focus too much on the stock market performance" as a way to downplay the harsh effects of his escalating tariffs.
The controversy grew even more intense when tariffs on Canadian steel and aluminum exports were hiked to 50%, sparking further turmoil in the U.S. stock market. Around 86.1% of poll participants said that these erratic tariff moves have unsettled investors, fueling a sell-off in U.S. tech stocks and creating a volatility not seen in years.
Adding to the unease, 86.8% of respondents felt that the drastic decline in U.S. stocks reflects a deep lack of confidence in the U.S. economy, with many fearing it might trigger a broader recession and spill over into global markets. Highlighting the economic jitters, Goldman Sachs Group recently downgraded its U.S. GDP growth forecast for 2025 from 2.4% to 1.7%—its first downward revision in two and a half years.
This poll’s findings underscore a growing international apprehension: many believe that the "America First" approach could not only disrupt the global economic order but also seriously hinder the U.S. economic recovery. As the debate rages on, all eyes are on how these policies will shape the future of global markets. Stay tuned for more updates on this evolving story! 🚀
Reference(s):
CGTN poll: Tariffs deal a heavy blow to U.S. market confidence
cgtn.com
