New Delhi, April 5, 2025: The global stock markets have experienced significant volatility following the recent imposition of new tariffs by US President Donald Trump on various countries. The move has caused instability in stock markets worldwide, with the US market witnessing the most substantial declines. The Dow Jones Industrial Average plummeted by 1,000 points at the beginning of the trading session, while the S&P 500 and Nasdaq indices also saw a 3% drop.
The concerns around escalating trade tensions have led investors to fear a possible intensification of trade wars, particularly with China, which has imposed retaliatory tariffs on the US. These developments have raised alarm about the potential for long-term impacts on global commerce.
In India, the Bombay Stock Exchange’s Sensex also took a hit, dropping 930 points and closing at 75,364 points. Similarly, the National Stock Exchange’s Nifty declined by 345 points, ending the day at 22,904 points.
The market volatility highlights the growing uncertainty in the global economy, and investors are closely monitoring the situation to assess the long-term effects of these tariff changes and the potential for an all-out trade war.