I think these import taxes from Trump, are a way to scare other countries.
Trump is waiting for a good return deal from other countries.
Then he will say ''
okay instead of 30% import tax, i only ask 10%''
The stock markets are just overreacting (like they always do

)
After a while, the stock markets will regain some wealth again and go back with positive %. ''
oh it wasn't that bad, its only 10%''
If you follow Trump's actions and decisions, you can already see what he is doing.