Investor fears over President Donald Trump’s tariff policies have sparked a major stock market sell-off, erasing $4 trillion from the S&P 500’s peak last month. The downturn comes as uncertainty grows over Trump’s trade moves, particularly his escalating tariff battles with key partners like Canada, Mexico, and China.
According to a Reuters report, the unpredictability of Trump’s policies has unsettled businesses, consumers, and investors, leading to a sharp market decline. On Monday, the S&P 500 fell 2.7%, marking its biggest daily drop of the year, while the Nasdaq Composite plunged 4%, its worst single-day decline since September 2022.
As Wall Street, once enthusiastic about Trump’s economic agenda, reacts negatively to his tariff strategies, analysts warn that continued trade tensions could further destabilise financial markets and slow global economic growth.
