Last Updated on 2 weeks by Ashley Michael
Wall Street was rattled Thursday as President Trump’s dramatic increase in tariffs sent shockwaves through the markets. The VIX, a key gauge of market fear, spiked 30%, marking its biggest jump in months.
Major companies like Apple saw their stock prices fall sharply, with investors growing increasingly concerned about the potential long-term damage to the economy.
For months, many assumed Trump was using tariffs as a bargaining chip or Negotiation Ploy, but trump Trade Tariffs Are Here to Stay but now, it’s clear this is more than just talk. Investors are facing heightened uncertainty, and the reality of the situation is even worse than expected.
“We didn’t even get worst-case. We got worse than the worst-case scenario,” Sonders said.
The market is now going down with the consequences of these aggressive moves, leaving so many people worried about what’s to come next.
MarsLink News Source: CNN