Reported 4 days ago
US stock markets faced significant declines on Thursday, with the Dow dropping over 1,000 points, following a White House announcement that tariffs on Chinese goods have increased to 145%, contrary to prior statements. This escalation in trade tensions, as President Trump continues to navigate his tariff policies, overshadowed a previous day's rally, leaving analysts concerned about ongoing market instability and its potential effects on the economy.
Source: YAHOO