Wall Street, which opened in decline, reversed direction: Market warning from the head of the giant bank — KL follows

The trade war started by Trump is now eroding confidence in the dollar, which is reflected in the stock market, exchange rates and interest rates on government loans.

After US President Donald Trump slept the day before yesterday on the silk of the recovery of stock prices on the New York Stock Exchange after announcing a 90-day freeze on customs duties, he woke up yesterday to a resounding slap in the face from the stock exchange in response to the open trade war with China and the raising of duties on imported goods from it, especially American goods manufactured in China, which causes losses for the major …