New Delhi:
There has been a stir worldwide as soon as Donald Trump sat on the chair of the US President. There has been such an upheaval that has been affected from the world economy to the ongoing schemes from all over the world. After Trump’s executive audience, China is preparing to save its stock market, Mexico has to tents on their border for illegal refugees. Iran is suffering the fear of military strikes. At the same time, Japan is considering increasing the interest rates in view of Trump’s policies. After taking oath of the President, Donald Trump said that the Golden Age of America has started with his second term, but other countries are seeing its opposite effect.
Crowd of illegal migrants on the border, Mexico had to fold tents
During the election campaign, Trump promised that he would strictly stop immigration and illegal infiltration. Now after becoming President, first of all, has announced to stop immigration and illegal infiltration strictly. Since then, the refugee shelters on the border have been closed. Refugees are being chased from there. In such a situation, the number of illegal migrants on the border of Mexico is increasing. After Trump’s collective exile, Mexican soldiers arrived on Thursday to build an emergency shelter home near the border with the US. The Mexican government said that it planned to open nine more shelters homes for its citizens and three more shelters for exile foreigners without clarifying the total capacity. President Claudia Sheenbam said that Mexico would provide humanitarian assistance to them before sending them back to the deported migrants from other countries. President Trump has also changed that app, which helped the refugees.
Japan going to increase interest rates
Trump’s purpose is clear- America First. In such a situation, he is considering increasing the tariff and reducing or eliminating the help given to other countries. In such a situation, the economy of countries like Japan can be greatly affected. Japan also realizes this, so he has started considering taking some steps. Bank of Japan had increased the interest rates in July, but after being afraid of Trump’s policies, it has been forced to think after increasing the distance bar in a year. Bank of Japan has held a meeting on Thursday on the issue of raising interest rates. The interest rate is being discussed from 0.25 percent to about 0.5 percent.
Iran in the fear of air strike
President Donald Trump said on Thursday that he is expected to avoid military attack on Iran’s nuclear program, which Israel has been considering for a long time. Asked if he would support military action against Iranian nuclear facilities, Trump told reporters that he was going to talk about the issue. Trump said about the Iranian nuclear issue, ‘It can be worked on without worrying about it. This would be really good if you can work without stepping forward. On diplomatic possibilities with Iran, Trump said, “Hope Iran will make an agreement and if they do not compromise, I think it is also fine.” In this way, in gestures, Trump gave the sensation that if Iran does not compromise, what can they do.
China engaged in preparations to save its stock market
Since Trump became President, China’s stock market is also getting upheaval. Trump has also said to increase the tariff … In such a situation, China has started preparing to save its stock market. Chinese authorities have started to allow pension funds to invest in listed companies and to increase share purchases to strengthen the stock markets of the country. The move provided some support for the Shanghai’s stock market to move forward, but Hong Kong lost the initial lead and closed at the lower level.