The impact of "reciprocal tariffs" has led to a $10 trillion reduction in the global stock market value

ChainCatcher news, according to Bloomberg statistics, the United States' announcement of so-called "reciprocal tariffs" has severely impacted the international capital markets. Since the 3rd of this month, the global stock market capitalization has shrunk by $10 trillion, slightly more than half of the EU's GDP.

Among them, the U.S. stock market itself has suffered heavy losses, with the total market value of the seven major tech giants in the U.S. evaporating by approximately $1.65 trillion during this period. Notably, Apple, which heavily relies on overseas supply chains for its product manufacturing, has seen its stock price drop nearly 23% over the past four trading days.