LONDON, March 13 (Reuters) - Below are some of the

sizable financial market moves prompted by the actions of U.S.

President Donald Trump in recent weeks from his re-ignition of a

global trade war to the signal that Europe can no longer take

the support of U.S. military muscle for granted.

1/ $5 TRILLON WIPEOUT

It is almost easier to list the parts of the market that

haven't been bashed around than those that have. The numbers are

big. Roughly $5 trillion wiped of the value of world stocks, the

bulk of that from U.S. markets and the super-sized tech firms

that have been on stratospheric runs in recent years.

King dollar has been brought down a peg or two amid worries

that a global trade war combined with a mass cull of government

workers will finally put the brakes on the U.S. economy.

Euro and yen have had their own fires lit thanks to Europe's

massive defence spending plans and the Bank of Japan's interest

rate hikes.

"We've seen a sea change in perception in the almost two

months since President Trump was inaugurated," Bill Clinton's

Treasury Secretary Larry Summers posted on X, adding election

night expectations of a rampant economy and U.S.

"exceptionalism" under Trump have evaporated for now.

Brent crude oil has slipped 2% so far this month,

with year-to-date losses of almost 5%, a sign that commodities

traders too are positioning for weaker global demand.

2/ FALL STREET

If it wasn't for COVID-19 and the enormous spike in

inflation and interest rates it led to in 2022, then this would

be Wall Street's worst start to a year since the depths of the

financial crisis.

In the last month, the shares of the so-called Magnificent

Seven - Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and

Tesla - are down, and most by 10%-15%.

3/ TESLA TROUBLES

Tesla's shares have been hit even harder, crashing 30% over

the month and seeing their biggest one one-day dive in

four-and-a half years earlier this week.

Activists have lately staged so-called 'Tesla Takedown'

protests to voice anger over Musk's role in sweeping cuts to the

federal workforce at the behest of Trump and cancellation of

contracts that fund humanitarian programs around the world.

Musk, the world's richest person, is spearheading the Trump

administration's Department of Government Efficiency, or DOGE.

"They're harming a great American company," Trump said at

the White House, referring to the demonstrators, alongside Musk

who was wearing a black "Make America Great Again" baseball cap.

4/ BUNDS GO WILD

Germany's reaction to Trump's clear signal that Europe needs

to be able to defend its own backyard and should no longer rely

on U.S. might was a historic plan to put aside self-imposed debt

limits and create a 500 billion euro defence and infrastructure

fund.

That triggered the biggest rise in Germany's 'Bund' yield -

effectively what Berlin pays to borrow in the bond markets -

since the country's reunification in 1990.

Economists say it will drive a sharp increase in Germany's

relatively modest debt level but also lift its economy out of

the doldrums.

"The package is a game changer," AXA's chief economist

Gilles Moec said.

5/ MORE MEGA THAN MAGA

The tectonic defence spending shift has also caused a huge

surge in the share prices of European weaponsmakers.

The region's aerospace and defence index is

up almost 40% since mid-January, European stocks more

broadly have outperformed U.S. peers by roughly 15%.

Chinese stocks have been flying too after DeepSeek showed

China tech firms aren't as far behind in the AI race as had been

presumed and Beijing has provided a steady flow of stimulus for

its tariff-hit economy.

6/BITCOIN BASHED

Bitcoin tumbled after Trump's long-promised move to

establish a 'strategic reserve' of cryptocurrencies left

enthusiasts disappointed.

The snag was the government won't be buying new tokens, but

stockpiling bitcoin and other cryptocurrencies it already owns.

Bitcoin slid as low as $76,666 this week after hitting an

all-time high at $109,071 in January.

7/ VOLATILE TIMES

Plenty of key market volatility gauges have been shaken

awake by trade war salvos and geopolitical wrecking balls.

The VIX - which measures the shakiness of the S&P 500

- is now almost a third of the way to its pandemic peak.

Canadian dollar volatility has surged given it is front and

centre in the trade war and with Trump calling Canada the U.S.'

51st state.

The 'MOVE' debt market volatility gauge has jumped thanks to

a spike in German bond yields and a hefty drop in U.S. Treasury

yields.

"Ambiguity that's being created by U.S tariff policy is

clearly impacting the domestic U.S. economy, but it will have a

bigger impact on the global economy." Guy Miller, chief market

strategist and economist, at insurance group Zurich said.

(Additional reporting by Dhara Ranasinghe in London; Editing by

Toby Chopra)