11 Oct 2025 | 5 Mins Read
US Stocks Plunge Amid Escalating China Tariffs War
Flipitmoney
Wall Street slumped after US President Donald Trump escalated trade conflict with China by imposing a 100% tariff on Chinese imports and export controls on critical US-made software. Major indexes, including the S&P 500 and Nasdaq, suffered their largest single-day percentage drops since April. Stocks like Nvidia, Tesla, Amazon, and Advanced Micro Devices fell over 2%.