The world economy is reeling today as businesses and investors try to unpack Donald Trump's so-called "reciprocal tariffs." Trump aims to curb the United States' reliance on foreign goods by raising the tax rate for different countries, throwing the US-dominated global supply chain into chaos. Wall Street is in shambles as a result, with some $5 trillion in market value being wiped out in the past two days — the worst two days for the S&P since the pandemic shock of 2020. Tech stocks were hammered especially hard after China announced tariffs of 34 percent in response to Trump's moves, […]

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https://futurism.com/tesla-stock-crashing-bad