U.S. Tariff Announcement Triggers $10 Trillion Market Dip

Global markets have experienced a significant downturn following the announcement of reciprocal tariffs by the United States. According to Blockbeats, these tariffs have triggered a market decrease of approximately $10 trillion since April 3rd, exceeding half the size of the European Union’s GDP. The impact has been particularly severe in the U.S., where technology giants like Apple have suffered substantial losses. Apple stock has fallen nearly 23% over the last four trading days due to disruptions caused by reliance on overseas supply chains for production.