RawDiary

Dow Plunges as Tariff Terror Unleashes Market Chaos

President Trump's sweeping tariffs have sparked the biggest market loss since 2020, rattling investors worldwide and intensifying fears of a looming trade war.

24 Hours President Donald Trump’s new global tariff regime has thrown markets into turmoil, triggering steep declines on Wall Street and raising fears of an impending trade war. U.S. tariffs, calculated with startling simplicity, have spurred legal battles in Congress and ignited bitter intra-party disputes. The measures are shaking manufacturing, prompting auto giants to shift production, and forcing tech companies to brace for price hikes. National security concerns, immigration incidents, and public health cutbacks add to the domestic unrest. Meanwhile, international allies retaliate diplomatically, signaling a potential global economic realignment. Investors remain cautious as uncertainty grips global trade dynamics. Warning: market collapse.

Number 1,200 - Dow slumps over 1,200 points amid tariff shock

Quote ‘These tariffs are a reckless stunt that will unravel our economy,’ — Larry Summers