April Tariff War Review
Key Timelines and Process
• April 2: Trump announced imposing a minimum 10% tariff on almost all imported goods, with higher rates for Chinese products. • April 3–4: Stock markets plummeted. Data shows the S&P 500 fell ~4.84% on April 3 and ~5.97% on April 4. The Dow Jones Industrial Average also plunged during the same period. • April 7: Data indicated the stock market hit its lowest point under the worst-case scenario. • April 8: Early signs of market stabilization emerged, with partial gains. • April 9: Trump announced a 90-day suspension of new tariffs for most countries (except China), leading to a significant rebound. • Mid-May/June: The market rebounded further, nearly recovering all losses.The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments