Reported 9 days ago
US markets experienced a chaotic aftermath following President Trump's announcement of significant tariff increases, with the S&P 500 recording a dramatic drop of over 10% in just three days. Trump's plans to impose tariffs on 185 countries, including major trading partners, have not only led to a near bear market but also caused oil prices to plunge and major stocks to lose substantial market value. Global markets, including Japan's Nikkei index, have similarly suffered, reflecting widespread investor concern about potential recession and ongoing trade tensions.
Source: YAHOO