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Trump’s April 2 tariff rollout and China’s April 4 announcement of a 34% retaliatory tariff, set to take effect April 10, helped drive a sharp market drop. The S&P 500 fell 6%, the Dow lost 2,231 points, and the Nasdaq slid 5.8%.
Why it matters: Tariff blowback
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Trump’s April 2 tariff rollout and China’s April 4 announcement of a 34% retaliatory tariff, set to take effect April 10, helped drive a sharp market drop. The S&P 500 fell 6%, the Dow lost 2,231 points, and the Nasdaq slid 5.8%.
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