Trump announced a new round of high tariffs in his "Liberation Day" speech on April 2, causing the US stock market to plummet for two consecutive days, with a market value evaporating by over six trillion dollars. The Dow Jones Industrial Average fell by more than 2000 points in a single day, the S&P 500 dropped nearly 6%, marking the largest single-day decline in five years, while the Nasdaq fell into a technical bear market within a week, with market sentiment nearly collapsing.
This inevitably brings to mind the scene on October 24, 1929: the US stock market opened with a crash, plummeting 11% in a single day, followed by “Black Friday,” “Black Monday,” and “Black Tuesday,” which together marked the beginning of the most devastating financial crisis in American history.
Are we, today, standing on the edge of a similar cliff? #美国加征关税
This inevitably brings to mind the scene on October 24, 1929: the US stock market opened with a crash, plummeting 11% in a single day, followed by “Black Friday,” “Black Monday,” and “Black Tuesday,” which together marked the beginning of the most devastating financial crisis in American history.
Are we, today, standing on the edge of a similar cliff? #美国加征关税