Wall Street Expects Trump's 'Massive' Tariff Hike Threat Against China To Hurt US More, Says Expert: 'Dollar Is Not Looking Healthy'

President Trump's threat of a "massive" tariff hike against China has led to a significant decline in U.S. equity markets, with the Dow, S&P 500, and Nasdaq all closing lower. Experts suggest that the U.S. is at a disadvantage in the tariff conflict, with the dollar index falling 0.7% and showing a year-to-date decline of nearly 9%. Concerns are rising over the dollar's vulnerability, especially as gold prices soar. Trump also criticized China's aggressive trade actions, highlighting tensions between the two nations.