Prepare for Higher Prices on Big Macs, Morning Brews, and Shein Purchases as Trump's Tariffs Spark Largest Dow Plunge Since 2020 Pandemic

On April 3, global financial markets plummeted due to President Trump's controversial tariffs, raising fears of a recession. The Dow dropped 1,679 points, with U.S. stocks losing over $3 trillion. Tariffs on imports could increase consumer prices, affecting everyday goods like coffee, shrimp, and electronics. Investors sought safer assets.