Wall Street’s week just took a wild turn as fears over Trump’s tariff plans sent global markets into freefall. After the former president vowed to lawmakers he’d deliver the 'greatest economy in history,' investors responded with a dramatic sell-off—so steep that Monday’s losses alone eclipsed France’s entire annual GDP!
Analysts are calling the plunge a 'rout,' with stocks tumbling again Tuesday as worries grow that Trump’s proposed trade war could spiral into a recession. The rollercoaster ride has left even seasoned traders gripping their desks. 'This isn’t just numbers—it’s people’s savings and businesses at risk,' one economist told us.
While Trump acknowledges his policies might 'inflict pain,' he’s doubling down on tariffs targeting key trade partners. Could this be a high-stakes gamble or a calculated play? Either way, the stakes are global.
TL;DR: Markets hate uncertainty, and Trump’s tariff talk is the ultimate plot twist nobody saw coming. Grab your popcorn —this economic drama is just getting started.
Reference(s):
cgtn.com