Lose 200 billion in 50 days: the rich supported Trump has become damaged

Photo: Gettyimages.com

Donald Trump’s project is not yet a dividend to “depositors” into this dubious financial operation. Only 50 days – and American billionaires, the first lines of the world “Forbs”, count multilingual damage, and the stock market of the country shows a steady trend to fly to the tartarras, and in the near future it will not get out of there. Briefly about – It was difficult for billionaires to have a new US President’s reign in the first three months of the new President.

Ilon Musk Ilon Musk has become a anti -hero of recent days, and history with Tesla Inc. stocks. Must be included in the textbooks of the “Errors and About … Accounts” section. After Musk was in the victory of Trump in the election, Tesla’s shares grew up on expectations. Everything was well, ahead of Mars and general human happiness were waiting to be awaited …

Musk received a position and a bit of power. He has broken almost all the thin -glass system of US government in rags. And he received the fall of his company’s shares almost twice. And also a mass flash mob in the United States: Tesla owners glued the inscriptions “I bought it before Ilon is crazy.”

Tesla sales in China fell by 49%, in Germany – by 71% (because Musk was demonstratively supported by the right, and he enlisted/did not take a glance, but left behind).

In money – for 50 days of the reign of the “best president in the history of the United States” (recall, so does Donald Trump) Musk lost $ 148 billion against the background of thousands of lawsuits against him and Trump, dozens of protests against the tariff policy of the “best president” and at the Tesla Musk. From the beginning of the year to March 10, the Tesla shares, according to Bloomberg, fell by more than 55%. Every day they cheaper by almost 15%.

Opgin for some reason the space ships of the mask explode and its social network H. What an interesting coincidence falls …

Jeff Bezos

Jeff Bezos. Photo: wikipedia.org

The next one in this list of “lucky” is the founder of Amazon.com, the creator and owner of the Aerospace Company Blue Origin, the head of the publishing house The Washington Post. It is most annoyed that Bezos was not publicly a hard -working supporter of Trump. He just was, he was silent, but society interpreted his silence as a sign of consent. Someone else can remember that in the past Donald Trump has given a lot of tax weakening.

Trump’s “Thank you” looks like $ 29 billion after the fall of Amazon’s shares because of uncertainty in the new US trade policy, where new tariffs prevail. Which hit, first of all, on technological companies, but about it below.

Mark Zuckerberg

Mark Suganberg. Photo: wikipedia.org

The founder of Meta clearly makes a “hand” every minute, although it also did not provide signs of activity during the election campaign. Is it not censored to content related to Trump on Meta platforms last year, and in the rest everything was good.

The US President who has introduced a new tariff policy, the Meta (and the entire technological sector) for the fall, and Pid Zuckerberg has lost at least $ 5 billion.

Sergey Brin. Photo: wikipedia.org

Sergey Brin Another among those who were silent and showed their neutral position. One of the Google founders, the owner of 6% of the company’s shares, lost $ 22 billion, according to Bloomberg. Alphabet Inc.’s stocks They fell by 7% since the beginning of February. The fault of everything is new tariff policy and general economic instability in the country.

Bernard Arno. Photo: wikipedia.org

Bernard Arno CEO President of the Louis Vuitton Moet Hennessy (LVMH), a close friend of Trump, who supported his policy on the US Luxury market, of course, did not speak against Trump in public. Friendship friendship, but after new tariffs, European luxury products went up, and demand for them in the US, to say the least, fell. It has fallen at $ 5 billion in losses, and sales continue to go downward.

How did the American market fall on March 10 Black Day for the US economy – March 10, 2025 – the US market has lost 10 times more than the United States has spent on helping Ukraine. All the main indices fell: S&P 500, Nasdaq Composite, Dow Jones Industrial Average. In addition to Tesla Incoporeiths, NVIDIA has suffered serious losses, whose shares fell 5% a day, Apple with the same incidence, United Airlines, Carnival Corporation and others.

The greatest losses of the technological sector of the economy (IT and electronics) were the largest losses – a total of $ 1 trillion in 24 hours. The introduction of 25% of tariffs for goods from Canada and Mexico and 10% from China led to uncertainty in semiconductor supply chains and electronics.

The automotive industry is preparing to rise in car prices up to $ 3000. The United States import almost 50% of auto parts from Canada and Mexico, and tariffs have increased production costs by 25%. The demand curve has already gone down.

Oil prices have fallen in the energy sector, and Trump demands that new wells (Drill, Baby, Drill) continue. And the tariffs for oil imports from Canada (70% of the US supply) have increased costs for oil refineries, which can raise gasoline prices.

Retailing tariffs for imports from China and Mexico threaten rising electronics, clothing and products (Mexico supplies 60% of vegetables to the US). The stocks of construction companies have fallen due to the rise in prices for the Canadian forest, it is expected to slow down the construction of housing due to lack of labor (deportation – migrants – the collapse of the industry) and an increase in costs.

Conclusion: It seems not last when American billionaires with despair look in their wallets. On the evening of March 11, Donald Trump announced the introduction of new duties on steel and aluminum from Canada – up to 50%, adding another 25%.

– Soon I will declare a national state of emergency for electricity. Earlier, Canada imposed a duty on electricity for the United States. If Canada does not abolish other outrageous tariffs, I will stop the production of cars in Canada forever … The only logical way out is that Canada becomes our precious 51st state,-said the 47th US President.

Source: kp.ua