U.S. #stocks tumble on global #TradeWar fears over new #tariffs

#Trump's sweeping tariff announcement Wednesday triggered a sharp drop in U.S. stock markets, a flashing-red warning sign of the economic fallout that's expected to result from the widening trade war.

The Dow Jones Industrial Average tumbled over 1,200 points, or 2.9%, Thursday within minutes of the opening bell. The broader S&P 500 index sank 3.4%.

#economy #recession #trumpcession
npr.org/2025/04/03/nx-s1-53505…