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.

  • Spazz@lemmynsfw.com
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    20 hours ago

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

    • gmtom@lemmy.world
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      11 hours 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.

    • Kairos@lemmy.today
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      20 hours 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