Market Turmoil: Trump’s Tariffs and Crypto Crash Shake Investors
TL;DR Summary
A sharp selloff on Wall Street was triggered by renewed U.S.-China trade tensions, with President Trump threatening to impose additional tariffs on China, leading to significant declines in major indices and raising concerns about a potential market downturn amid high valuations and AI-driven optimism.
- Wall Street selloff raises worries about market downturn Reuters
- Trump’s new 100% tariffs on China triggered an $18 billion crypto sell-off CNN
- Market sell-off: Trump post lops off $2 trillion from stocks in a single day CNBC
- Trump announces extra 100% tariff on Chinese goods starting next month CBS News
- Crypto’s Record Selloff Sparks Intrigue Over Who Got Wiped Out Bloomberg.com
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