Trump’s Tariffs Trigger S&P 500 Selloff, Wall Street Warns of Further Decline
Former President Donald Trump's recent announcement of new tariffs, dubbed 'Liberation Day Tariffs,' has sent shockwaves through the financial markets, leading to a significant selloff in the S&P 500. Wall Street trading desks have issued warnings that the current decline in stock prices could worsen in the coming days, as investors grapple with the potential economic impacts of these new trade policies.
The tariffs, which were unexpectedly announced on April 2, have caused a sharp reaction across various sectors, with stock futures sinking immediately after the news broke. Analysts from major financial news outlets, including Bloomberg, CNBC, and Reuters, have reported on the market's swift downturn, highlighting the uncertainty and fear among investors.
Trump's tariffs are seen as a move to protect domestic industries, but the immediate effect has been a loss of investor confidence and a bearish outlook for the stock market. Financial experts are closely monitoring the situation, with some suggesting that the full impact of these tariffs may not be felt for weeks or even months as businesses adjust to the new trade environment.
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When does the stock market close today?
Core Trading Session: 9:30 a.m. to 4:00 p.m. ET.
What is Liberation Day about?
Liberation Day is a day, often a public holiday, that marks the liberation of a place, similar to an independence day.
What is Trump?
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party, he served as the 45th president from 2017 to 2021. Donald Trump.
What is China's tariff on US goods?
On March 10, China imposed a 15% tariffs on American goods, including agricultural goods. Since February 2025, the Trump administration imposed a total of 20% tariffs on China, with the Chinese Government imposing 15% tariffs on the United States.
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