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Stocks in major decline as Trump's tariffs spark global trade war

Published on 04/04/2025
By: Tellwut
2567
Living
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Sources: https://www.cnn.com/politics/live-news/trump-tariffs-news-04-03-25/index.html, https://www.cnbc.com/2025/04/02/stock-market-today-live-updates-trump-tariffs.html, https://www.bbc.com/news/live/c1dr7vy39eet, https://www.theguardian.com/us-news/2025/apr/03/trump-tariffs-stock-market
1. Donald Trump declared a US economic emergency and announced tariffs of at least 10% across all countries, with rates even higher for 60 countries or trading blocs that have a high trade deficit with the US. Do you agree with Trump's decision to impost tariffs of at least 10% across all countries?

2. US stock markets tumbled on Thursday as investors parsed the sweeping change in global trading following Donald Trump's announcement. All three major US index funds were down as trading started on Thursday morning. The tech-heavy Nasdaq fund was down 4.5%, while the S&P 500 and the Dow dropped 3.4% and 2.7% at opening, respectively. Apple and Nvidia, two of the US's largest companies by market value, had lost a combined $470bn in value by midday. Are you concerned about how the tariffs will affect your investments, 401k or pension fund?

3. Economists have for months warned that high tariffs are a major risk to the US economy, pushing prices up for consumers on everything from cars to wine along with destabilizing the US's role in the global economy. Are you concerned about how this will effect your cost of living?

4. Do you think the US will enter into a recession or depression in 2025?

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