Roughly $2.5 trillion was erased from the S&P 500 Index on Thursday amid worries that President Donald Trump’s sweeping new round of tariffs could plunge the economy into a recession.

I said this would exactly be the way it is. We have six or $7 trillion coming in to our country, and we’ve never seen anything like it. The markets are going to boom, the stock is

Wall Street suffers its worst day since 2020 but the White House tells investors to "trust in President Trump".

President Donald Trump on Wednesday announced plans that would take the U.S. trade duties beyond their 1930s levels. Back then, the infamous anti-import Smoot-Hawley Tariff Act deepened a global economic slump and helped send the Dow Jones Industrial Average down over 30% in a year.

Donald Trump launched a new assault on the global trading order on Wednesday, imposing a barrage of new tariffs including on all US imports in a move that sent Wall Street stock futures tumbling. The president said a levy of 10 per cent would apply to nearly all US imports from April 5 as he also revealed additional so-called reciprocal duties,

President Trump's new tariffs send shockwaves through global markets as a trade war unfolds. Follow along for live updates on stocks and the Dow, Nasdaq and the S&P 500 are reacting to the latest tariffs news.

S&P 500 companies lost a combined $2.4 trillion in stock market value in Thursday's selloff, their biggest one-day loss since the pandemic sent global markets into a tailspin on March 16, 2020.

Donald Trump’s tariff offensive convulsed global markets on Thursday, with sectors from banking to tech left reeling from the US president’s bid to remake the global economic order. Wall Street stocks sustained heavy losses,

U.S. stocks nose-dived after Trump’s tariffs rollout. Wall Street tumbled to its worst day since the pandemic yesterday in response to President Trump’s major round of tariffs