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Trump Tariffs Erase $2.5 Trillion From US Stock Market in Biggest Single-Day Drop Since 2020

  • Dow futures dropped over 1,200 points due to concerns over President Donald Trump's proposed tariff policies.
  • The market reaction reflects investor anxiety about a possible global trade war, threatening economic stability in the U.S. And beyond.
  • Analysts warn that Trump's tariff strategy may lead to increased prices and job losses, potentially resulting in what some are calling a 'Trump Recession.
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Fortune broke the news in New York, United States on Wednesday, April 2, 2025.
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