#TrumpTariffs
President Donald Trump has declared that the stock market is set for a massive boom, even as markets reacted negatively to his latest tariff announcement. On April 3, 2025, Trump imposed sweeping tariffs, including a 10% tax on all imports and higher rates on key trading partners: 34% on China, 20% on the EU, and 10% on the UK.
📉 Market Reaction:
S&P 500: -4.9%
Nasdaq: -5.9%
Dow Jones: -4%
Despite the sharp drop, Trump remains confident. “This is Liberation Day for American trade. The markets are going to boom!”