Reported 8 days ago
On April 10, 2025, US stock markets experienced severe declines, with the Dow Jones falling approximately 1,000 points, marking a significant reaction to the White House's confirmation of an increase in tariffs on Chinese goods to 145%. The S&P 500 and Nasdaq also dropped sharply, attributed to escalating trade tensions between the US and China following President Trump's tariff announcements. Following a brief period of optimism from a previous rally, investor concerns resurfaced regarding the potential economic impact of prolonged trade conflicts.
Source: YAHOO