April 3, 2025 - 15:10
US stock futures plunged dramatically after President Donald Trump declared a 10% tariff on all trading partners, creating turmoil in financial markets and raising concerns about the global trade landscape. The announcement has led to widespread apprehension among investors, with projections indicating a potential drop of over 1,000 points for the Dow Jones Industrial Average.
The S&P 500 and Nasdaq are also expected to experience significant declines as the implications of the tariffs ripple through various sectors. Analysts warn that this move could escalate trade tensions and provoke retaliatory measures from other countries, further destabilizing the already fragile global economy.
Market participants are bracing for a turbulent trading session as they assess the potential fallout from this decision. With uncertainty looming, many investors are reconsidering their strategies, leading to a flight to safer assets. The impact of these tariffs could be felt far beyond US borders, affecting economies and markets worldwide.
