Learn English: Trump's Tariffs Trigger Stock Market Crash (hard)

18 hours, 7 minutes ago

Trump's Tariffs Trigger Stock Market Crash

Following Donald Trump's new tariffs, US stock markets experienced their worst day since the COVID-19 pandemic.

Major indexes like the Nasdaq, S&P 500, and Dow plummeted, with significant losses for tech giants Apple and Nvidia.

Concerns about global economic slowdown arose, weakening the US dollar and impacting oil prices considerably.

Economists warned about the negative impacts of these tariffs on the US economy and consumers, yet Trump remained defiant.

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Source

Original: The Guardian (Business)

Tags

#Trump Tariffs #Stock Market Crash #US Economy #Global Trade #Economic Impact

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