
Battered Markets: How Trump’s Tariff Gambit Shook Wall Street
Stock markets experienced significant declines following President Trump’s tariff announcements, with the Dow Jones, S&P 500, and Nasdaq dropping sharply. Despite a positive jobs report, investor focus shifted to China’s retaliation with 34% tariffs on U.S. goods, exacerbating market anxiety. The recent selloff is considered the worst since the early stages of the COVID-19 pandemic,…