Wall Street’s Tumultuous Week: How New Tariffs Stirred Up a Storm

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…

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Battered Markets: How Trump’s Tariff Gambit Shook Wall Street

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,…

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