Reported 9 days ago
As President Trump's reciprocal tariffs take effect, tensions with China escalate, resulting in an 84% tariff on U.S. goods. The stock market has felt the pressure, with the S&P 500 dropping nearly 12%. Major companies like Delta Air Lines have withdrawn financial forecasts due to uncertainty, reflecting widespread concern about the economic impact of the tariffs on demand and future revenues.
Source: YAHOO