Two-Day Tariff Rout Shakes Stock Market
Over two days, the U.S. stock market suffered a historic downturn due to escalating tariff concerns, with major indices slipping below last year's levels as investor uncertainty mounts.
Published on April 6, 2025
The U.S. stock market was rocked over a two-day period, with key indices including the S&P 500, Nasdaq, and Russell 2000 falling below their year-old levels. The decline, largely driven by concerns over new tariff policies introduced by the Trump administration, marks a potential end to the recent bullish phase that has characterized the market over the past six months.
On April 5, 2025, U.S. customs began collecting a new baseline 10% tariff on imports, a measure that has sent shockwaves through global trade. Although the tariffs are set to impact various trading partners—including key allies and nations with historically low deficits—the immediate market reaction has been severe, heightening widespread economic uncertainty. Analysts are now closely watching the markets, wondering whether a recovery rally is on the horizon or if further turbulence lies ahead.