Trump Media and Technology Group. We fell 8% to three days, and part of it reduced from $ 2.2 billion to $ 2 billion, losing $ 200 million.
The duties introduced by US President Donald Trump has led to a reduction in his condition of $ 500 million. Trump’s capital in a week dropped from 4.7 to 4.2 billion dollars. Forbes reported it.
It is noted that the Trump Media and Technology Group are most affected. The company’s sharing dropped by 8% to three days, and part of it dropped from $ 2.2 billion to $ 2 billion, losing $ 200 million.
The commercial real estate fell at the price of $ 90 million: a portfolio, including the Trump Tower and 40 Wall Street, was removed from $ 660 million to $ 570 million. Sharing Vornado Realty Trust, Trump’s partner, fell 14%, SL Green – by 15%.
US president’s golf clubs have lost $ 70 million: shares of companies such as Vail Resorts and Topgolf Callaway Brands have reduced by 15%. Hotel assets, especially Trump’s National Deral, fell $ 65 million (16%), and licensed business – $ 15 million.
Residential real estate has been reduced by $ 20 million due to the average fall in sharing of apartment companies by 13%.
In addition, Mar-a-Lago was removed by $ 32 million (5%). Part of the Blue Owl Capital ($ 5-25 million) lost 22%, and cryptocurrency assets were probably reduced by $ 32 million due to Ethereum collapse by 18% after announcing tariffs.
Remember, on April 2, Trump announced the introduction of major duties to imported goods. He called it America’s “Day of Liberation”.
As reported, market markets have lost $ 9.5 trillion due to Trump’s duties.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.