Summary

Donald Trump announced new tariffs against China, Mexico, and Canada, sparking market turmoil as the measures were set to begin this weekend.

Following the announcement, major indices plunged, with the Dow Jones, NASDAQ, and S&P 500 suffering significant losses, reflecting investor anxiety across global markets.

Canada, Mexico, and China vowed retaliatory tariffs, with officials warning that these measures could escalate trade conflicts and significantly harm economic stability.

Critics argue the tariffs will harm consumers and businesses, creating global trade uncertainty and risking prolonged economic challenges in the United States.

  • Kairos
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    191 month ago

    It didn’t “plummet” lol its less than a 1% change

    • @theherk
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      71 month ago

      Markets have been closed since Friday. Come Monday, we’ll see what’s what.

    • @rayyy
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      31 month ago

      It hasn’t even begun to drop, LOL. Wait a couple of days.

    • @Shardikprime
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      31 month ago

      Literally this, it’s hard to take this messaging seriously with these kind of declarations

    • @Bransons404
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      11 month ago

      If bitcoin/crypto is anything to go off of, that’s down 10% +. Come Monday the market will probably be a sea of red

    • @[email protected]
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      -171 month ago

      Lololololololololol, fixing worthless Trumper pretending it’s not a big drop because percentages

      • Kairos
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        121 month ago

        I didnt say it wasnt a drop. I just am pointing out that it’s not really a “plummet”

        And I’m the opposite if a trumper lol

      • @gmtom
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        61 month ago

        It’s dropped to where it was on Thursday. We’ve had 4 bigger drops in the last month and it’s still up compared to where it was a month ago.