Wall Street’s Tumultuous Week: How New Tariffs Stirred Up a Storm
The stock market experienced a significant downturn, primarily due to new tariffs announced by the U.S. government. Investor confidence wavered as the prospect of international trade conflicts overshadowed market stability. Federal Reserve Chair Jerome Powell’s reassurances about the U.S. economy aimed to calm fears, but uncertainties lingered. Tariffs, while intended to balance global economics, threaten…