Markets plunge with S&P 500 down 6% and Dow down 2,200 after China retaliates against Trump tariffs​on April 4, 2025 at 10:17 pm

NEW YORK (AP) — Wall Street’s worst crisis since COVID slammed into a higher gear Friday. The S&P 500 lost 6% after China matched President Donald Trump’s big raise in tariffs announced earlier this week.

​NEW YORK (AP) — Wall Street’s worst crisis since COVID slammed into a higher gear Friday. The S&P 500 lost 6% after China matched President Donald Trump’s big raise in tariffs announced earlier this week.   NEW YORK (AP) — Wall Street’s worst crisis since COVID slammed into a higher gear Friday. The S&P 500 lost 6% after China matched President Donald Trump’s big raise in tariffs announced earlier this week.