📉 Dow Plunges -1,100 Points in Hours
- Opened +300 points, then nosedived as Trump’s tariff bombshells hit.
- S&P 500 lost $1.5 TRILLION in market cap between 10 AM – 3:30 PM ET.
💥 Timeline of the Collapse:
1️⃣ 1:00 PM ET: Selling began ahead of Trump’s “investment announcement.”
2️⃣ TSM’s $100B US Boost: 5 Arizona facilities, thousands of jobs, $165B total US investment. Markets briefly cheered…
3️⃣ 3:40 PM ET: -$1.5T erased as Trump doubled down on tariffs.
🇺🇸 Trump’s Tariff TSUNAMI
🔹 25% tariffs on Canada/Mexico start TOMORROW (March 4).
🔹 “No room for a deal” – Trump shut down hopes for delays.
🔹 China tariffs hiked to 20% via Executive Order – +20% in just 2 months (vs. 2 years in first term).
🔹 US average tariff rate could hit 20%+ – highest since the Great Depression.
🌍 Geopolitical Shockwaves
- US halted weapons sales to Ukraine (WSJ report).
- Plans to loosen sanctions on Russia (Reuters).
💣 Crypto CRASHED
- -$300B wiped from crypto markets.
- Ethereum erased ALL gains post-reserve hype, now -3.5% BELOW pre-announcement levels.
📉 Economy in Freefall?
- Atlanta Fed slashed Q1 2025 GDP estimate from +3.9% to -2.8% in 4 weeks – a -6.7% swing.
🔥 What’s Next?
- BRICS tariffs could hit 100% – worsening trade wars.
- Markets brace for stagflation risks as growth crumbles and tariffs soar.
💬 Your Take? Is this a short-term storm or the start of a deeper crisis? Comment below! 👇
