Trump criticizes China for tariffs, Dow drops 1,000 points, tech and financial stocks hit

From StockTwits: 2025-04-04 11:48:00

China retaliated against the U.S. with sweeping tariffs on all imports, escalating trade tensions. President Trump criticized China’s move, calling it a panic response. The Dow Jones fell over 1,000 points, with tech stocks like Apple and Nvidia taking a hit. Financial stocks, including Citigroup and JPMorgan Chase, also dropped. Despite a strong March jobs report, recession fears persist as the tariff battle intensifies. Trump reassured investors, claiming the tariffs aim to level the playing field. DuPont stock plunged over 15% following China’s punitive measures.



Read more at StockTwits: Trump Says China ‘Played It Wrong, They Panicked’ As Tariff War Fears Escalate