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Why Wall Street fears that Trump's Liberation Day tariffs just sent the S&P 500 into a 'growth scare'

Upworthy Thursday, 3 April 2025 ()
In This Article: President Trump has liberated Mr. Market, and the beast looks keen to blast through a key technical level on the S&P 500 (^GSPC). In a "Liberation Day" spectacle at the White House, Trump uncorked a baseline tariff rate of 10% on countries that will go into effect on April…
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News video: Trump’s ‘Liberation Day’ Tariffs Effect at Mexico Border–President Sheinbaum's Economic Defense Plan

Trump’s ‘Liberation Day’ Tariffs Effect at Mexico Border–President Sheinbaum's Economic Defense Plan 03:33

President Donald Trump has unleashed sweeping new "Liberation Day" tariffs, imposing a minimum 10% baseline on trading partners, including Mexico. As tensions rise, Mexican President Claudia Sheinbaum has ruled out immediate retaliatory tariffs, instead focusing on a strategic economic defense plan....

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