The U.S. financial market experienced its biggest single-day loss since June 2020, the year of the pandemic.
The Dow Jones dropped 3.9%, the Nasdaq fell nearly 6%, and the S&P 500 decreased by 5% – its biggest drop since March 2020, according to BBC, as reported by Rks News.
Meanwhile, U.S. President Donald Trump announced a 10% tariff on most countries, including the United Kingdom, starting Saturday, with higher tariffs for some of America’s biggest trade partners beginning on April 9.
