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Stock markets tank (Again!)

“ US stocks were lower Thursday afternoon as investors grappled with President Donald Trump’s decision to impose sweeping tariffs that could escalate a global trade war.

The Dow was lower 1,400 points, or 3.34%. The broader S&P 500 sank 4.1%. The Nasdaq Composite plunged 5.2%.”

But never fear! tRUMP renews his pledge to slash taxes on the billionaires—the rest of us?

AH!
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“Trump’s tariff announcement was full-on crazy. Not only is he imposing higher tariffs than almost anyone expected, but he’s justifying them with completely false claims about other countries’ tariffs. I don’t know where his numbers are coming from, but they have nothing to do with reality. ... It’s a really bad day for the U.S. economy.”
— Nobel laureate Paul Krugman