US EditionTrump Tariffs Erase $2.5 Trillion From US Stock Market in Biggest Single-Day Drop Since 2020
- Dow futures dropped by over 1,200 points, marking the biggest single-day decline since 2020, driven by fears over President Donald Trump's proposed tariffs.
- The drop was attributed to concerns about a potential global trade war resulting from Trump's tariff policies, with the S&P 500 futures falling by 3.5%.
- The Consumer Technology Association expressed concern that the tariffs would cause 'massive tax hikes' on consumers and lead to increased inflation, negatively impacting American households.
- Vice President JD Vance stated that while short-term negative effects are expected, the tariffs aim to protect American jobs and promote long-term economic health.
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589 Articles
589 Articles
All
Left
102
Center
144
Right
84
Coverage Details
Total News Sources589
Leaning Left102Leaning Right84Center144Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 31%
C 44%
R 25%
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