Inside the Global Selloff: Why Trump Tariffs and Oil Shocks Crushed Equities - streamlinefeed.co.ke

Inside the Global Selloff: Why Trump Tariffs and Oil Shocks Crushed Equities - streamlinefeed.co.ke

Source: streamlinefeed.co.ke

DW NOTE

Trump tariffs are a convenient scapegoat for a selloff that would have happened regardless. The Strait of Hormuz has been at a near-standstill for weeks — the largest oil disruption in history — yet WTI is still 22% below its one-year high. That's not a shock; that's the market pricing in demand destruction from rates held too high for too long. Gold is down 22.5% from January despite two active supply crises and a commander-in-chief being sacked in Kyiv yesterday. When safe havens fall during wartime, the problem isn't tariffs — it's forced deleveraging.

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