Dow futures tumbled 950 points in the US as US president Donald Trump unveiled a sweeping range of tariffs on US imports exports to the US in the Rose Garden in the White House on Wednesday, April 2.
Trump said that the so-called reciprocal tariffs will hit every country around the world. For example, China has been hit with 34% tariffs,which the White House confirmed are on top of the 20% already imposed by the US Taiwan has been hit with 32% tariffs India has been hit with 26% tariffs South Korea was hit with 25% tariffs Japan and Malaysia have been hit with 24% tariffs.
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