RawDiary

Trump's Trade Shock: Global Markets in Freefall

President Donald Trump's sweeping tariffs have sent stock markets tumbling and ignited fears of a global trade war. The shock policy has rattled economic stability worldwide, prompting urgent congressional and international responses.

24 Hours President Donald Trump’s sweeping tariffs have rattled global financial markets, triggering a severe stock market plunge and fueling fears of an imminent trade war. Major indices are in freefall as investors scramble to reprice assets amid escalating uncertainty. In Washington, bipartisan congressional efforts are mounting to rein in executive overreach, while political leaders decry the economic fallout. International allies and rivals react strongly as European and Asian nations prepare countermeasures. Meanwhile, national security shakeups, federal workforce cuts, and technological disruptions intensify the crisis, leaving American and global economies teetering on the brink of recession with uncertainty and mounting economic damage.

Number 25% - New U.S. tariff rate on key imports.

Quote “The market is a battlefield, and Trump's tariffs are the spark,” — Anonymous Analyst