📉 US Stocks Drop as Trump’s Tariff Threat Rattles Markets
The U.S. stock market reacted negatively to former President Donald Trump’s threat of a 200% tariff on EU alcohol imports. The Dow Jones dropped 250 points and the S&P 500 fell 1.2% as investors worried about escalating trade tensions.
Investors fear that retaliatory tariffs from the EU could affect major American industries, including technology, automotive, and agriculture. Despite positive reports on inflation and unemployment, Trump’s statement overshadowed market optimism.
✅ Dow Jones: -250 points
✅ S&P 500: -1.2%
✅ Nasdaq: -1.5%
“The market is extremely sensitive to trade war threats,” said a senior market analyst.