TRUMP TARIFFS SHAKE THE STOCK MARKET: A WILD RIDE FOR INVESTORS!
Hey Binance fam! Buckle up, because Trump’s tariffs are turning the stock market into a rollercoaster—and your portfolio might be feeling the heat! Here’s the real deal on how these trade policies are rocking Wall Street and what it means for us in the crypto and trading world!
The Tariff Bombshell
Since President Trump took office in January 2025, he’s unleashed a tariff storm! We’re talking:
25% tariffs on steel, aluminum, and cars imported to the U.S. (effective May 30, 2025)
A jaw-dropping 145% tariff on Chinese goods, escalating the U.S.-China trade war!
A baseline 10% tariff on almost every country (except China) after a dramatic U-turn on April 9, 2025, pausing steeper "reciprocal" tariffs for 90 days.
25% tariffs on Canada and Mexico tied to fentanyl rules and USMCA compliance—still in play despite exemptions for some goods.
This isn’t just policy—it’s a wrecking ball to global trade, and the stock market is reeling!
Stock Market Madness
The numbers tell the story:
April 2, 2025 "Liberation Day" Chaos: Trump’s sweeping tariff announcement sent the S&P 500 into a nosedive, losing over 10% in two days—the worst drop since the 2020 pandemic! Apple shed $255 billion in value, Nike crashed 13% to its lowest since 2017
Bear Market Scare: The S&P 500 slipped into bear territory early on April 7, 2025, before clawing back to a small decline by day’s end.
Historic Rally: On April 9, 2025, Trump’s 90 -day tariff pause (except for China) triggered a 9.5% S&P 500 surge—the biggest single-day gain since 2008! But don’t celebrate yet—experts warn we’re not out of the woods
May 30, 2025 Update: Steel tariffs jumped to 50%, jacking up costs for automakers like Ford and importers of everything from baseball bats to aircraft parts. The toll? Over $34 billion in lost sales and higher costs for companies like Apple, Ford, and Sony
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