US EditionUS stock market drops sharply in early trading after Trump unveils global tariffs
- US markets dropped sharply after President Donald Trump announced a 10% minimum tariff on all imports.
- The Dow fell over 1,100 points, while the Nasdaq plunged, marking one of the worst trading days since September 2022.
- Financial pundit Ross Gerber described the situation as a 'disaster of idiocy' and expressed concerns about rising consumer costs.
- Foreign investors are losing confidence in US investments, contributing to the market's decline.
408 Articles
408 Articles
Stocks plummet as a result of Trump’s tariffs
The introduction of tariffs, as announced by President Donald Trump on April 2, has caused investors to go into a tailspin, resulting in losses of an incredible $4 trillion (€3.6 trillion) in market value. This is compared with the peak of the S&P 500 just under a month ago when Wall Street appeared to be full of optimism about Trump and his policy agenda. Conversely, the introduction of new… Source
The Dow Jones Industrial Average fell by more than $1,600 at one point, the biggest intraday drop this year.
[NHK] Immediately after trading began on the 3rd, sell orders swelled across a wide range of stocks, including retail, and the Dow Jones Industrial Average temporarily dropped to 1,600 dollars...
Stocks are cratering after tariffs. Here's what's next for markets.
Drew Angerer/Getty ImagesInvestors hate the trade war.Stocks crashed on Thursday in reaction to sweeping tariffs unveiled by the White House.Markets are in uncharted waters, and the path ahead is deeply uncertain.Investors have made their opinion clear: they hate the trade war.After crashing at the open, the market rout deepened as Thursday's session dragged on. As of 1:45 p.m. ET, the Dow was down over 1,200 points, the Nasdaq Composite fell 5%…
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