Shockwaves and Stocks
How a 125% Tariff Triggered Market Panic
When President Trump announced a 125% tariff on Chinese imports, the market reaction was immediate and intense. The S&P 500 fell 3.45%. The Nasdaq dropped over 4%. Even the Dow, which often moves slower, slid 2.54%. Former Treasury Secretary Janet Yellen didn’t hold back, calling it “the worst self-inflicted wound” to the U.S. economy in years.
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