Stock market takes stunning after hours plunge after Donald Trump’s idiotic tariff announcement
Donald Trump spent all last week insisting that April 2nd would be “liberation day” for the United States. What he really meant was that he was about to unleash far more tariffs than ever. You knew it was a bad sign when Trump had to shift his tariff press conference to market closing time in an attempt at not rattling investors. But it’s happening anyway.
The Dow Futures are now down 1100 points in overnight trading, which represents about a 2.5% drop. That’s right, just by opening his mouth, Trump has managed to make 2.5% of the US stock market valuation disappear.
What exactly does Trump think he’s liberating us from? Looks like all he’s doing is “liberating” us from the strong economy he inherited from President Biden. Trump might be the stupidest man alive.
