• News
  • Film and TV
  • Music
  • Tech
  • Features
  • Celebrity
  • Politics
  • Weird
  • Community
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
People react in horror after watching Trump's tariffs wipe $2,000,000,000,000 from the stock market in 25 seconds

Home> News> US News

Updated 13:12 14 Apr 2025 GMT+1Published 10:51 3 Apr 2025 GMT+1

People react in horror after watching Trump's tariffs wipe $2,000,000,000,000 from the stock market in 25 seconds

Donald Trump's speech saw the major fall of the stock market

Britt Jones

Britt Jones

Featured Image Credit: CNBC

Topics: Donald Trump, Money, US News, Politics

Britt Jones
Britt Jones

Advert

Advert

Advert

People have been watching in shock as US President Donald Trump’s tariffs have caused the stock market to dive $2 trillion in just 25 seconds.

The new major tariffs have not gone down well for international nations, and not for the American people, either.

The rate that will now be inflicted on goods across the world has shocked many world leaders, and the European Union has even said they plan to retaliate against them.

Announcing the new tariffs, Donald Trump spoke in the Rose Garden of the White House on April 2, calling it 'Liberation Day’.

Advert

He shared that not only will the tariffs be inflicted upon the country's trading partners, but also on countries across the world so that they can free the US from depending on foreign goods from other nations.

The stock market took a hit (CHARLY TRIBALLEAU/AFP via Getty Images)
The stock market took a hit (CHARLY TRIBALLEAU/AFP via Getty Images)

China, Mexico, Canada, and the European Union have been in the front lines of the trade war with the country, after Trump hiked taxes by 25 percent on many of their imported goods.

The POTUS signed an executive order with 'catastrophic' tariffs on the US' trading partners, and now, the stock market is feeling its effects.

Advert

People in the US watched as the global stocks fell sharply and the US dollar decreased so much that it’s now in a six-month low because of the sweeping tariffs against trade partners.

The S&P 500 lost $2 trillion in market capitalisation as Trump announced sweeping reciprocal tariffs on as many as 60 countries.

Within 20-ish seconds, European markets opened lower after a steep selloff across Asia and US futures.

Futures began to fall during Trump's speech and just 20 minutes later, they were wiped out.

Advert

In London, the FTSE 100 fell 1.3 per cent, Germany’s Dax went down to 1.6 per cent, and France’s CAC40 similarly reached 1.8 per cent as a result.

Japan’s Nikkei and Topix fell 3.3 per cent and 3.5 per cent, after Trump applied a 24 per cent tariff on the country.

Hong Kong’s Hang Seng decreased to 1.9 per cent, and Vietnam’s stock parket fell to 6.7 per cent after being hit with 50 per cent tariffs.

US futures such as the Dow futures lost 2.1 per cent and S&P 500 futures fell 3 per cent around the same time.

Advert

Donald Trump's speech saw the fall of stocks (Andrew Harnik/Getty Images)
Donald Trump's speech saw the fall of stocks (Andrew Harnik/Getty Images)

Futures for Nasdaq went down 3.5 per cent, with Apple falling by 7 per cent, Nike by 7.3 per cent, and Nvidia by 5.6 per cent.

Tesla also lost 8 per cent in the fallout.

Online, people have lost their cool with the plummet, with one person writing on X: "Not to alarm everyone too much but the U.S. stock market HAS LOST OVER 2 TRILLION in THE LAST TWENTY MINUTES."

Advert

Another wrote: "The stock market is tanking because Trump is a stupid piece of s*** that went bankrupt 6 times and is looking to make America #7."

Someone else said on Reddit: "Well well who could’ve seen this coming?? Literally everyone."

Shockingly, the dollar plummeted 1.1 per cent against other currencies, making it a sad day for the US and those hoping to invest in the dollar.

According to portfolio manager at at Janus Henderson Investors , Adam Hetts, it’s not likely to get better from here.

Advert


He said to The Guardian: “Eye-watering tariffs on a country-by-country basis scream ‘negotiation tactic’, which will keep markets on edge for the foreseeable future. Fortunately, this means there’s substantial room for lower tariffs from here, albeit with a 10% baseline in place.”

“We’ve seen the administration have a surprisingly high tolerance for market pain, now the big question is how much tolerance it has for true economic pain as negotiations unfold,” he added.

Advert

Because of this shocking event, investors have now run to safer assets to invest in, such as gold, which actually went on to receive a record high of $3,167.50 overnight.

Choose your content:

6 hours ago
7 hours ago
  • 6 hours ago

    Study discovers new way vaping could impact your body as warning is issued

    The long-term health consequences of vaping are still being established

    News
  • 6 hours ago

    Couple's horrific experience after spending $22,000 on cruise 'of a lifetime' that left them severely sick

    John and Rosemary Kaasa's trip across Europe turned into a nightmare

    News
  • 7 hours ago

    Reason why Putin made rare four-word comment to Trump in English, explained by body language expert

    Trump and Putin met in Anchorage, Alaska, for a lengthy meeting regarding a peace deal over Ukraine

    News
  • 7 hours ago

    Husband charged with wife’s murder after she went to visit him in prison and never made it out

    Stephanie Diane Dowells passed away after an overnight visit with her husband in prison

    News
  • Surprising ways Trump’s tariffs might impact you as stock market shares fall
  • What Trump's ‘sickening’ new announcement could mean as people convinced it has a more sinister intention
  • People disgusted after seeing how Trump is spending his day following worst stock market crash since 2020
  • People are just realizing effect Trump's tariffs will have on items as price of $80,000 truck instantly increases live on TV