Global stock markets are reacting to the ongoing U.S.-China trade war, with Wall Street experiencing significant fluctuations. Key indices such as the Dow, S&P 500, and Nasdaq have shown volatility amid rising tariffs imposed by China on American goods. Major U.S. companies including Apple and Tesla are facing repercussions as the trade spat intensifies, with financial results from big banks indicating mixed outcomes. Economists note that consumer inflation expectations have reached their highest since the early 1980s, while the dollar weakens against competitor currencies. Stakeholders are closely monitoring developments, particularly as China retaliates with further tariffs, raising concerns among investors.