The tough conflict between US President Donald Trump and billionaire Ilo Musca has been turned into a large political and economic noise in a short period of time, pushing his negotiations with China and German leaders. Mutual accusations and threats between the two sides not only affected Tesla's securities, registering up to 20%, but also shocked the global stock markets.
The epicenter of Trump offered the "Big beautiful" budget project proposed by Trump, which described the crowd as a "disgusting disaster", assuming that it would bring about $ 2.4 trillion. Although the parties are gradually mitigating the tone, the markets still respond to instability, concerned about the political consequences of this unprecedented conflict.
Against this background, a telephone conversation between the US and China leaders did not contain any breakthrough in the trade conflict. Along with these developments, the Central Bank of Europe reduced interest rates, and the unemployment rate increased in the United States, and the pressure on the dollar increased due to the control of foreign exchange in the United States.
