Markets tumble with S&P 500 down 5% and Dow down 1,600 after China retaliates against Trump tariffs

  • Posted on April 4, 2025
  • By Star Tribune
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Markets tumble with S&P 500 down 5% and Dow down 1,600 after China retaliates against Trump tariffs

Stock markets worldwide are careening even lower Friday after China matched President Donald Trump's big raise in tariffs in an escalating trade war. Not even a better-than-expected report on the U.S. job market, which is usually the economic highlight of each month, was enough to stop the slide.
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