coverStock tradingTrump’s Tariffs Wipe $2 Trillion from US Stocks—What’s Next?By Mehrzad Abdi | 03 April 2025

President Donald Trump’s “Liberation Day” speech on April 2, 2025, set off a dramatic market reaction as he announced a new round of sweeping tariffs. The policy, which imposes a 10% baseline tariff on all imports—plus higher rates on about 60 targeted countries—was designed to rebalance trade and protect American jobs by pressuring foreign nations to drop their own barriers.


Immediately after the announcement, US stock futures plunged, erasing nearly $2 trillion in market value in just 20 minutes. Major indices, including the S&P 500 and Nasdaq, fell sharply, and key tech stocks such as Apple, Nvidia, and Tesla suffered significant losses. Global markets reacted in kind, with European and Asian futures dipping and cryptocurrencies like Bitcoin and Ethereum taking a hit.


Critics argue that these protectionist measures could backfire, leading to higher consumer prices, supply chain disruptions, and increased economic uncertainty. While Trump insists the tariffs will revitalize US manufacturing and reduce the trade deficit, many investors and economists fear the policy may trigger a deeper recession if retaliatory measures escalate.


What do you think? Are these tariffs a bold move to protect American industry, or a reckless gamble that could harm the global economy? #Trading #USA #Stocks #StockMarket #World #S&P500 #Nasdaq