RawDiary

Trump Tariffs Crash Markets – Global Trade in Freefall

President Trump's sweeping reciprocal tariffs triggered a catastrophic market plunge and global economic turmoil, sparking fears of a full-blown trade war and recession. Financial markets, consumer prices, and international alliances are under intense pressure as world leaders prepare retaliatory measures, while Congress debates reclaiming tariff power.

24 Hours President Trump’s sweeping tariff announcement has plunged global markets into chaos and ignited fears of a massive trade war. U.S. stocks fell sharply, oil prices dropped, and consumer costs are set to rise as tariffs ripple across industries from autos to technology. Diplomatic tensions are escalating as allies like Japan, China, and the EU prepare countermeasures. National security agencies face major shakeups with top officials being fired, and internal government battles strain political leadership. Meanwhile, legislative bodies grapple with budget resolutions and attempts to reclaim regulatory power over trade, as news shakes persist.

Number 3.1T - U.S. markets lost $3.1 trillion in value post-tariffs

Quote "We are not going to ask permission from far-left Democrats" — Vice President JD Vance