US Stocks Tumble After Trump Reveals Tougher-Than-Expected Global Tariffs
By Andrew Moran and Emel Akan U.S. stocks saw a sharp decline on April 3 after President Donald Trump imposed steep tariffs on many nations during a White House Rose Garden address on April 2, marking a new era in U.S. trade policy. In the weeks leading up to the tariff announcement, markets had already faced significant volatility, with some believing the actual risk was overstated.
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