Published: April 2, 2025
On April 2, 2025, global stock markets were rocked by a sudden crash triggered by aggressive new tariffs introduced by U.S. President Donald Trump. The announcement sparked panic selling worldwide, resulting in the most significant market drop since the 2020 COVID-19 crash.
"The administration’s latest round of tariffs has sent shockwaves through global markets. Uncertainty and investor fear are driving volatility," analysts noted.
— Wikipedia
The crash began after the U.S. government announced tariffs on a broad range of imports from China, Canada, and Mexico. Key industries affected include electronics, agriculture, and automotive. The markets responded swiftly, with the Dow, S&P 500, and NASDAQ all plunging within hours.
Global exchanges followed suit. Asian and European markets fell sharply amid growing concerns about trade protectionism and geopolitical tensions. Investors rushed to move assets into safer holdings such as bonds and gold.
Whether you’re a long-term investor or someone just getting started, volatility like this is a reminder of the importance of diversification. Speak with a financial advisor before making any hasty decisions.
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