Global Markets in Chaos After Trump’s Surprise Tariff Bombshell

 In a stunning move on April 2, dubbed "Liberation Day," U.S. President Donald Trump shocked the world by announcing sweeping tariffs on nearly all imported goods. The new policy included a flat 10% tariff on all imports, and an eye-popping 245% on goods from China.

The announcement sent shockwaves through global financial markets. The Dow Jones plunged over 4,000 points in just two days, while the S&P 500 and Nasdaq officially entered bear market territory. Within 48 hours, an estimated $6.6 trillion in market value was wiped out the biggest two-day loss in stock market history.

China wasted no time retaliating, slapping a 34% tariff on U.S. imports. The resulting trade war fears rattled investor confidence worldwide. Oil prices crashed to their lowest levels since 2021, and gold surged past $3,300 an ounce as investors scrambled for safety.

To make matters worse, allegations of insider trading began to surface. Just before the announcement, both President Trump and First Lady Melania launched their own memecoins, and suspicious trading activity was reported minutes before a sudden pause in some tariffs triggering demands for a congressional investigation.

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📝 Final Thoughts:

This dramatic turn of events is not just a financial story  it’s a global wake-up call. With trade tensions escalating and trust in leadership being questioned, businesses and economies worldwide are bracing for impact.