Trump's SHOCKING Tariff Plan: Markets in MELTDOWN!

2025-04-05 18:00:12.683

President Trump's sweeping new tariff plan, unveiled on "Liberation Day," has triggered a historic two-day drop in the stock market, wiping out $6 trillion. The Dow plummeted over 2,200 points on Friday alone. This has led to widespread panic among investors and fears of a recession. Simultaneously, over 1,200 "Hands Off" demonstrations erupted across the country, protesting the Trump administration's actions, which include mass layoffs, contract cuts, deportations, and funding cuts for various programs. High-profile figures like Rep. Jamie Raskin and Sen. Ted Cruz have voiced strong criticism, with Raskin calling Trump an "economy-crushing dictator" and Cruz warning of potential political consequences for the Republican party if the tariffs backfire. Even within the Republican party, there's dissent, with Rep. Don Bacon planning to introduce a House bill to restore Congressional authority over tariffs. Internationally, leaders like Sir Keir Starmer and Emmanuel Macron are coordinating responses, expressing concerns about the global economic and security implications. The article also highlights the impact on individual retirement funds (401Ks), leaving many Americans worried about their financial future. Despite the turmoil, Trump maintains his stance, claiming big business is not worried and the tariffs will ultimately boost the economy.