In a bold move, President Trump is imposing a staggering 104% tariff on all Chinese imports, escalating tensions between the US and China. This decision, backed by White House Press Secretary Karoline Leavitt, comes in response to China's retaliatory tariffs. As US stocks react, experts warn of potential layoffs and economic repercussions.
US stocks saw extreme volatility as traders reacted to rumors about potential tariff negotiations. Despite a brief surge, the market plummeted again as fears of a trade war escalate.
US stocks opened sharply lower after Trump hinted at a 'period of transition', raising recession fears. The Dow fell 411 points as uncertainty over tariffs continues to impact the market.
U.S. stocks fell sharply on Monday as concerns over a potential recession grew after President Trump hinted at economic uncertainty. The Dow dropped 515 points, marking a significant selloff across major indices.
