President Donald Trump stood firm to his reciprocal tariff rollout Monday, even after his new policies led to more than $6 trillion in stock market losses.
The NASDAQ fell into a bear market Monday morning, down 24% since last year’s high, with the S&P 500 dropping 20% since February, and the Dow Jones Industrial Average posting back-to-back losses of more than 1,500 points for the first time ever on Thursday and Friday.
A number of top investors, including 2024 Trump supporter Bill Ackman, began publicly pressuring the White House to pause the April 9 tariff implementation date to allow countries to negotiate new trade deals with the United States.
Trending: Rising Bull Riding Star, 24, Trampled to Death at Rodeo
However, Trump declined to entertain such a pause while fielding questions during an Oval Office meeting with
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!