🚨 MARKET TURMOIL AS TRUMP TARIFFS RATTLE WALL STREET: WHAT TRADERS NEED TO KNOW

Hey Binance fam! Hold tight—because President Trump’s aggressive tariff moves are sending shockwaves through the stock market, and your investments might be caught in the crossfire. Let’s break down what’s happening, what it means for global markets, and how it’s shaking up the world of crypto and trading.

🔥 The Tariff Tsunami

Since returning to the White House in January 2025, Trump has reignited the trade war with a vengeance. Here’s what’s rolled out so far:

25% tariffs slapped on imported steel, aluminum, and cars (effective May 30, 2025)

A staggering 145% tariff on goods from China—supercharging tensions between the two biggest economies

A 10% general tariff applied to most other countries (excluding China), following a dramatic policy pivot on April 9, 2025, pausing harsher "reciprocal" tariffs for a 90-day cooling-off period

25% duties on imports from Canada and Mexico, linked to fentanyl trafficking enforcement and USMCA compliance—some exemptions apply, but most industries are feeling the pinch

These measures aren’t just political signals—they’re hammering global trade and putting major pressure on the U.S. economy.

📉 Stock Market in Shock

The fallout has been fast and fierce. Here’s how markets have responded:

April 2, 2025: "Liberation Day" Meltdown

Trump’s sweeping tariffs sent the S&P 500 into a two-day free fall, plunging more than 10%—the steepest drop since the COVID crash in 2020. Tech giants took major hits, with Apple losing a staggering $255 billion in market value. Nike tumbled 13%, hitting lows not seen since 2017.

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