After the US stock market crashed on Friday, Paytm CEO Vijay Shekhar Sharma called the tweet of Sameer Arora, founder of Helios Capital, “well described in science and economics”.
Donald Trump imposed 10% baseline tariffs on all imports, China applied an additional 34% tariff on all the goods imported from the US. Result? Within 48 hours, the three major American stock index fell over 5%, with the S&P 500 declined by about 6%.
Sameer Arora, the founder of Helios Capital, reacted to the accident, stating that “a reset in the USA was very open to it.” Arora commented on X, earlier on Twitter, meltdown shortly after American markets, wiped out $ 5trillion on Trump’s tariff.
Sameer Arora’s post
Citing a lesson from inflation, index funds and other economic aspects, Sameer Arora explained how no theory can be taken at its peak.
“If it is good to have low inflation, it does not mean that negative inflation is good,” Sameer Arora said.
Attracting an analogy from that, the founder of Helios Capital further explained:
“In the same way, the country cannot be completely open or completely closed. For this a reset was needed in the USA, it was very open. That is why I can reconcile with the idea that there should be less tariffs for cars in India (very closed) and America must increase tariffs (very open). The laws of science are absolute, science is absolute, not economic theory.
Vijay Shekhar Sharma, other reactions
While Vijay Shekhar Sharma again explained the explanation of Sameer Arora, calling it a well -described difference, many other nebisens further questioned why the founder of Helios Capital focuses only on the goods.
Following the question of a neazan, whether American services should be open to tariffs, Arora replied: “This is not very open due to not immigration. In any case, I need to focus on, but no country has been affected badly and can be focused on it.”
US stock market accident
US President Donald Trump’s mutual tariff announcements provoked a large -scale selling on Wall Street on Friday, 4 April. Dow Jones scored more than 2,000 points, S&P 500 experienced its worst two -day drop since March 2020, and Nasdac trapped the bear market area.
