Stocks Plunge Amid Trump’s Tariff Announcements and Global Trade Uncertainty

US stock markets are experiencing significant volatility today, following President Donald Trump’s announcement of new tariffs on imports from around the world. The president imposed a 10% tariff on all imported goods, as well as “reciprocal” tariffs on key trading partners. These tariffs are expected to have far-reaching impacts on global trade and economies.

Affected countries include China (34%), the European Union (20%), Japan (24%), Taiwan (32%), Vietnam (46%), and others. The move is causing concern among investors, leading to a sharp decline in stock prices for several major companies, including Apple, Nvidia, Tesla, Nike, Walmart, Dollar Tree, RH, and others.

Source: https://www.barrons.com/articles/stock-market-movers-f6b1a4d7