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News in English (USA) / 05.04.2025 / 04:00

Stock Market Plummets Amid Tariff Turmoil

The stock market has experienced a drastic decline, with the Dow Jones Industrial Average plunging 2,200 points, marking its biggest drop since 2020, and the Nasdaq entering a bear market. This turmoil follows China’s retaliatory tariffs against the U.S., which have raised fears of a global recession. Analysts indicate that the recent trade policies implemented by the Trump administration have caused significant market instability, resulting in a loss of nearly $5 trillion across U.S. stock markets. While Trump asserts that the economy is heading towards a boom, investors are increasingly concerned about the implications of ongoing tariff disputes and the chaotic environment surrounding U.S. trade negotiations. As markets continue to react to these developments, the overall sentiment remains negative, with fears of further sell-offs looming.
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