Trump also slammed China, which retaliated against his sweeping tariff policy Friday with a new 34% tariff on U.S. goods.

President Donald Trump’s “Liberation Day” tariffs plunged the stock market into the red Thursday, marking its worst day since the COVID-19 pandemic began in 2020. The Dow Jones Industrial Average fell nearly 4%,

Donald Trump holds up a chart of his new tariff plan at the White House on April 2 The effects of Donald Trump's "Liberation Day" tariffs are drawing concern among the millions of United States citizens who have retirement plans tied up in the stock market.

Wall Street had its worst week since 2020 as investors fled after President Trump's Wednesday announcement of new tariffs. Manufacturers and retailers. Exporters and importers. High tech and low tech.

Fallout from the Trump administration's aggressive global tariff regime continues to hit global markets and frustrate geopolitics, while the president has shown no signs of backing down. China hit back at Trump's punitive 34% tariff with its own levy of the same percentage on U.

President Donald Trump’s sweeping new tariffs are facing blowback from all corners – a market sell-off, foreign retaliation, anger from corporate America and skepticism from the Federal Reserve chairman and some allies in Congress.

After China announced new retaliatory measures against the United States, President Trump responded that Beijing “PLAYED IT WRONG.”

The Dow Jones Industrial Average continued to plummet Friday by more than 2,200 points after yesterday’s losses as China hit the U.S. with retaliatory tariffs and the Federal Reserve warned about increased inflation.

Wall Street’s worst crisis since COVID slammed into a higher gear. The S&P 500 plummeted 6% Friday, the Dow Jones Industrial Average plunged 5.5% and the Nasdaq composite dropped 5.8%.