Trump's tariff policy triggers market turmoil

When the S&P 500 fell by about 15%, Trump may be forced to compromise on trade policy. Under the series of tariff policies intensively launched by the Trump administration, the US stock market has fallen significantly. As of the close of Friday, March 7, 2025, the S&P 500 and Nasdaq have completely given up all the gains since last year's election day. In the past month, the two major benchmarks have fallen by 4.88% and 7.7%, respectively.