Summary
Wall Street ended its worst week since March 2020 as Trump’s sweeping tariff plan triggered global market turmoil.
The S&P 500 dropped 9.1% for the week, the Dow lost over 2,200 points Friday, and $6.4 trillion in market value vanished.
Trump’s all-caps vow to never back down deepened investor fears, despite Federal Reserve warnings of inflation and slower growth.
China announced retaliation, and other nations prepared responses. The tariffs, finalized just hours before rollout, exclude energy—drawing criticism over favoritism toward oil donors.
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