TRUMP’S Bold NEW Tarifs Rock S&P 500, Spark Global Market Jitters
— President Trump’s tough new tariffs just snapped the S&P 500’s nine-day winning streak — the longest in two decades. The announcement sent shockwaves through financial markets and raised fresh questions about corporate profits and global trade. The Dow and Nasdaq also dipped as investors worried about more tariffs on the horizon.
The Trump administration says its plan — tariffs, tax cuts, and deregulation — will make America stronger in the long run. Officials believe these steps will boost U.S. investment and help companies compete worldwide. For now, though, many businesses are bracing for a bumpy ride.
Ford Motor Company pulled its yearly earnings forecast because of tariff uncertainty, warning it could lose $1.5 billion this year alone. Entertainment stocks also slid after President Trump threatened a 100% tariff on foreign movies, leaving Hollywood scrambling for answers.
Around the world, these new tariffs are already weighing down other economies as companies rethink their growth plans amid shaky trade flows. Investors are now watching closely for moves from both the Federal Reserve and White House as U.S. policy keeps shaking up global markets.
